5 Energy Megatrends for Latin America- Chinese Dominance, Cyberattacks And More Updated On Mon, Jun 7th, 2021 by Saurenergy Americas Market Intelligence (AMI), a strategic research and business intelligence firm has released a new report, 5 Megatrends For Latin Americas Energy Sector for 2022 and Beyond in which it has highlighted five major changes taking place in Latin America’s energy sector: Cleaner fossil fuels gaining traction as Latin America’s green energy market expands. China’s control […] Read more
Forsee Power Starts Light EV Battery Production In India Updated On Mon, Jun 7th, 2021 by Saurenergy European multinational producer of smart lithium-ion electric vehicle (EV) battery systems, Forsee Power, that entered the Indian market in 2020, has begun the production of a series of EV batteries for electric two and three-wheelers at its Pune plant. As a manufacturer and supplier of energy management systems in Europe, Asia, and North America, Forsee […] Read more
DR Congo Goes With Solar Off Grid To Power 3 Northern Cities Updated On Sun, Jun 6th, 2021 by Saurenergy Africa’s second largest country, and one of its poorest, the Democratic Republic of Congo (not to be confused with the neighboring Republic of Congo) has finally placed a big bet on renewable energy. The government there has finally gone for a $100 million investment off grid hybrid solar projects that will provide power to three cities […] Read more
Global Energy Investments Far From a Net Zero Pathway: IEA Updated On Thu, Jun 3rd, 2021 by Saurenergy As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […] Read more
Wärtsilä’s Energy Storage Projects in Philippines Achieves Final Commission Updated On Thu, Jun 3rd, 2021 by Saurenergy Finnish manufacturer and service provider of power sources and other equipment in the marine and energy markets, Wärtsilä Corporation announced the final commissioning of the first two of its multiple energy storage projects in the Philippines. Wärtsilä has had signed many projects with SMC Global Power Holdings Inc. through its subsidiary, Universal Power Solutions Inc., […] Read more
Renewables The Growth Engine- Tata Power Q4 Analyst Call Updated On Thu, Jun 3rd, 2021 by Saurenergy Tata Power has been on a roll recently. And that is not just the share price we are talking about. A series of decisions taken by the firm in the past 2-3 years, are finally leading to the firm delivering on the promise of being the largest integrated power firm in the country. Those changes […] Read more
CESL & CLASP Sign MoU to Deploy High-quality Energy Efficiency Tech Updated On Wed, Jun 2nd, 2021 by Saurenergy Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), signed a Memorandum of Understanding (MoU) today, with CLASP, an international non-profit organisation, for the deployment of high-quality energy efficiency technologies. Convergence is focused on delivering clean, affordable and reliable energy through providing energy solutions that lie at the confluence […] Read more
India’s May Power Consumption Grows, Despite Setbacks Updated On Wed, Jun 2nd, 2021 by Saurenergy Power consumption in India grew by over 8.2 per over in May 2021 over the same period in 2020. At 110.47 billion units (BU), the numbers indicate a poor recovery over the figure of 120.02 BU recorded in May 2019, the pre-covid impact year, which really should be the reference for this year. May 2020 […] Read more
Auctioned Wind Power Saw 160% YoY Rise in Q1 2021: GWEC Updated On Mon, May 31st, 2021 by Saurenergy According to the latest GWEC Market Intelligence, nearly 7 GW of wind power capacity was auctioned globally in Q1 2021 – a 160% year-on-year increase compared to Q1 2020, which saw only 2.7 GW auctioned due to a slowdown caused by the first wave of the COVID-19 pandemic. Offshore wind accounted for the majority of […] Read more