Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050 Updated On Thu, Jun 20th, 2019 by Saurenergy As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […] Read more
Duke Energy’s 150 MW Solar Plant in California Begins Operation Updated On Thu, Jun 20th, 2019 by Saurenergy Duke Energy Renewables has announced that its 150 MW North Rosamond solar project in Kern County, California, has begun commercial operation. Duke Energy Renewables (DER), a subsidiary of Duke Energy, has announced that its 150-megawatt (MW) North Rosamond solar project in Kern County, California, has begun commercial operation. It is the largest solar project in the company’s fleet. “North Rosamond is a […] Read more
Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
UNDP and IRENA to Accelerate Low-Carbon Energy Transition Updated On Tue, Jun 18th, 2019 by Saurenergy UNDP and IRENA announced a global partnership to accelerate the low-carbon energy transition. The United Nations Development Programme (UNDP) and the International Renewable Energy Agency (IRENA) have announced a global partnership to accelerate the low-carbon energy transition and offer concrete steps to achieve sustainable development. Under the cooperation, the organizations will explore joint initiatives aimed […] Read more
Siemens Gamesa Commissions Heat-Based Energy Storage Project Updated On Fri, Jun 14th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has begun operation of its electric thermal energy storage system, to store large quantities of energy cost-effectively Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). The innovative storage technology makes it possible to store large quantities of energy cost-effectively and thus decouple electricity […] Read more
R K Singh Pushes For Clean Energy in Meeting With Gencos Updated On Fri, Jun 14th, 2019 by Saurenergy R K Singh recently held a meeting to address implementation issues regarding thermal power stations to reduce emissions and made a case for clean energy. Re-elected Power and New and Renewable Energy Minister, R K Singh, recently held a meeting to address implementation issues regarding the mechanism for providing flexibility in generation and scheduling of […] Read more
IRENA Report on Water Use in India’s Power Generation Updated On Thu, Jun 13th, 2019 by Saurenergy This study analyses the prospective impact of renewable energy deployment, along with recently mandated changes to power plant cooling systems, on water use in India’s electricity sector. Looking at the expected freshwater intensity of non-hydro power generation under different scenarios, the analysis aims to quantify the impact of India’s energy transition on freshwater use. The […] Read more
DEWA Strengthens Strategic Partnership on Renewable Energy With Masdar Updated On Thu, Jun 13th, 2019 by Saurenergy DEWA has announced the strengthening of its strategic partnership with Masdar, on renewable and clean energy. The Dubai Electricity and Water Authority (DEWA) has announced the strengthening of its strategic partnership with the Abu Dhabi Future Energy Company (Masdar), on renewable and clean energy, and the various plans and projects that support the objectives of […] Read more
Greece Launches Europe’s Second Renewable Hybrid Power Project Updated On Fri, Jun 7th, 2019 by Saurenergy The Greek Island Ikaria became home to the second hybrid project in Europe after a long wait of more than 3 decades Greece’s Public Power Corp (PPC) has launched Europe’s second hybrid renewable energy park, combining wind and hydraulic power, on the island of Ikaria. The first hybrid plant was launched in 1983 on Kythnos […] Read more