Hyundai Partners with UL for Safe Deployment of Second Life BESS Updated On Fri, Aug 6th, 2021 by Saurenergy The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […] Read more
Govt. Confirms Solar Imports Down To $571 million in 2020-21 Updated On Fri, Aug 6th, 2021 by Saurenergy Yesterday, the Union Power and New and Renewable Energy Minister Raj Kumar Singh while addressing the Lok Sabha announced that India’s solar cells and modules imports fell to $571.65 million in the last financial year (FY20-21) from $2.16 billion and $1.68 billion in FY18-19 and FY19-20, respectively. Till July end, India had imposed tariff and […] Read more
Li-Ion to Stay The Dominant Storage Standard For India Upto 2030-Report Updated On Thu, Aug 5th, 2021 by Saurenergy According to a report by Gurugram-based research and consulting firm Praxis Global Alliance, Lithium-ion technology will drive growth of stationary storage within Battery Energy Storage Systems (BESS) of India over the next 10 years. The assertion comes even as progress on other battery chemistry’s, be it Sodium ion or even Iron, continues apace. The report […] Read more
These 5 Firms Moved To Solar in 2021. How Many Will Follow? Updated On Wed, Aug 4th, 2021 by Saurenergy Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […] Read more
Masdar JV Reaches Financial Close On Indonesia’s First Floating Solar Plant Updated On Wed, Aug 4th, 2021 by Saurenergy UAE-based renewable energy company Masdar and its partner PT PJBI announced today that their joint venture (JV) has achieved the financial close on the Cirata Floating Solar Power Plant project in Indonesia. The construction work of Indonesia’s first-ever floating solar power plant has begun. PT. PMSE (Pembangkitan Jawa Bali Masdar Solar Energi) is the JV […] Read more
Vestas to Supply 16 Turbines to 58 MW Wind Farm in NSW Updated On Wed, Aug 4th, 2021 by Saurenergy Danish wind turbine maker Vestas and its partner Global Power Generation, a subsidiary of the multinational power company Naturgy Group, have secured a 58 MW deal for Crookwell 3 Wind Farm in New South Wales, Australia. The project will feature sixteen V126-3.45 MW wind turbines in 3.6 MW operating mode which Vestas will supply and […] Read more
ReNew Signs MoU with RackBank to Power India’s First Hyper-scale Data Center Updated On Tue, Aug 3rd, 2021 by Saurenergy Gurgaon-headquartered renewable energy company, ReNew Power today announced the signing of a Memorandum of Understanding (MoU) with RackBank Datacenters Limited (RackBank) to provide power through 100% renewable energy. RackBank is a data center platform providing data center services including but not limited to dedicated servers, managed servers, and colocation services. ReNew will supply power generated […] Read more
Corporates Almost Match Utilities As Solar Installs Hit New High In the US Updated On Tue, Aug 3rd, 2021 by Saurenergy A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […] Read more
Key Policy Challenges To a Thriving C&I Market for Solar In India Updated On Mon, Aug 2nd, 2021 by Saurenergy The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […] Read more
