COVID-19 Will Permanently Reduce Global Energy Demand: DNV GL Updated On Wed, Sep 9th, 2020 by Saurenergy According to a new report, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. According to the recently published Energy Transition Outlook by DNV GL, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. The report finds that compared to the pre-pandemic forecast, energy demand will be […] Read more
Modi Confident India Will Surpass Renewable Energy Target for 2022 Updated On Wed, Sep 9th, 2020 by Saurenergy PM Modi is confident that India will increase and surpass its renewable energy target for 2022, going beyond 175 GW to reach 220 GW capacity by 2022. On behalf of hon’ble @PMOIndia, H.E. Shri @RajKSinghIndia , President of the ISA Assembly, Minister of Power, New & RE & Skill Development reads out the Prime Minister […] Read more
Decarbonising Of Grids To Accelerate Due To Dropping Storage Costs Updated On Wed, Sep 9th, 2020 by Saurenergy Participants at one of the four technical sessions of the International Solar Alliance’s First World Solar Technology Summit held in India ventured into a key area- Decarbonising of Grids. An issue at the heart of the key challenge facing renewable energy, particularly, solar power. Grid Stability and adaptability. A key takeaway was that global regulators […] Read more
3 GW of Rooftop Solar in 2020, And a Grid Headache for Australia Updated On Tue, Sep 8th, 2020 by Saurenergy Australia, after a reluctant embrace of renewable energy initially, has practically broken down the door for renewable energy now. The world’s largest coal exporter is racing to build solar, sometimes faster than the grids can keep up. The Clean Energy Regulator, the government entity tasked with tracking and administering renewable incentives, among other things, has […] Read more
DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment Updated On Tue, Sep 8th, 2020 by Saurenergy In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […] Read more
Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe Updated On Tue, Sep 8th, 2020 by Saurenergy PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […] Read more
Performance-Based Financial Mechanism for MNRE’s CST Scheme: GERMI Updated On Tue, Sep 8th, 2020 by Saurenergy A new study has found that MNRE’s off-grid and decentralised CST scheme should have a performance-based financial support mechanism A new study has found that the Ministry of New and Renewable Energy’s (MNRE’s) off-grid and decentralised concentrated solar thermal (CST) scheme should have a performance-based financial support mechanism instead of the capital subsidy that was being provided earlier by […] Read more
CSIR-CMERI and NISE Form Partnership to Bolster Solar Sector Updated On Tue, Sep 8th, 2020 by Saurenergy CSIR-CMERI and NISE have formed ‘Strategic Association’ to bolster the Solar Energy sector across the nation CSIR-CMERI (Central Mechanical Engineering Research Institute), Durgapur and National Institute of Solar Energy (NISE), Gurugram joined hands by signing an online Memorandum of Understanding (MoU) as a ‘Strategic Association’ to bolster the Solar Energy sector across the nation on September […] Read more
ReneSola Forms JV to Establish 3 GW Solar PV Manufacturing Facility Updated On Tue, Sep 8th, 2020 by Saurenergy ReneSola and Zhongnan Industry have decided to enter into a JV to set up a Solar PV manufacturing facility with an annual production capacity of 3 GW in China. ReneSola, a world reputed Solar PV Module manufacturer & Zhongnan Industry, a well-known conglomerate in China, has decided to enter into a joint venture (JV) to […] Read more