Adani Ramps Up Renewables Ambition For Group Updated On Mon, Jun 28th, 2021 by Saurenergy In a letter to the shareholders, Gautam Adani, Chairman, Adani Group, said the company is aligning with India’s goal of becoming the world’s biggest player in renewable energy. The group has also set a target for itself to become the biggest solar power producer in the world. According to the chairman’s letter, the Adani Group […] Read more
Renewables Will Unlock $2.2 T Green Steel Monster: Rethink Report Updated On Mon, Jun 28th, 2021 by Saurenergy A new report published by Rethink Technology Research says that steelmaking – one of the world’s dirtiest industries – will end up becoming of the greatest opportunities for renewable energy. In the wake of a 1,000-year coal legacy, a combination of hydrogen and scrap-based production will see a 20-fold increase in the sector’s demand for […] Read more
Acciona Recycles Nissan’s Car Batteries to Store Solar Energy in Spain Updated On Wed, Jun 23rd, 2021 by Saurenergy Acciona, a multinational renewable energy conglomerate, has connected Spain’s first renewable storage plant using recycled batteries to the grid at the company’s experimental photovoltaic park in Tudela (Navarre). The set of four second-life batteries, with a combined capacity of 130kWh, will store the energy obtained from the 1.2MWp plant to later inject it into the grid […] Read more
Recurrent Energy’s Storage Footprint Grows in US, 11 GWh in Pipeline Updated On Wed, Jun 23rd, 2021 by Saurenergy Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc. announced yesterday that it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems (BESS) contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements. California’s […] Read more
Renewable Thermal Collaborative Wins Climate Award Worth $10 Million Updated On Wed, Jun 23rd, 2021 by Saurenergy Lever for Change announced yesterday the Renewable Thermal Collaborative (RTC) as the recipient of the $10 million 2030 Climate Challenge, an award sponsored by an anonymous donor to reduce greenhouse gas emissions in the U.S. Created and jointly managed by the Center for Climate and Energy Solutions (C2ES), David Gardiner and Associates (DGA), and World […] Read more
Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA Updated On Wed, Jun 23rd, 2021 by Saurenergy The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […] Read more
ACME Signs Deal With Brookfield Renewable for 450MW Solar Project Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable, an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India. Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […] Read more
NTPC Q4 results Strong, Renewables Take Centre Stage for Future Updated On Tue, Jun 22nd, 2021 by Saurenergy NTPC ended fiscal year 21 with a renewable capacity of 1.86GW, aims for 60GW by 2032 NTPC Limited, announced its Q4FY21 numbers on Saturday. The state-owned power company reported strong results, partly due to the base effect of low power demand from last year’s Covid hit demand. In the previous fiscal year, net profits were […] Read more
ISTS Waiver Extended By 2 Years For Solar, Wind Energy Updated On Tue, Jun 22nd, 2021 by Saurenergy “The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […] Read more
