Importance of Using Storage with Increasing Renewable Energy Updated On Wed, May 6th, 2020 by Saurenergy Background and Context The Government of India has announced ambitious targets for Renewable Energy (RE) capacity addition, and the Country is rapidly adding Wind and Solar generation in the energy mix. However, there are some well accepted issues associated with RE power – such as intermittency, fluctuations owing to weather changes, and limited forecasting/ scheduling […] Read more
Apex Clean Energy Leads Market for 2019 Corporate Renewable Power Procurement Updated On Wed, May 6th, 2020 by Saurenergy Wood Mackenzie has named Apex Clean Energy the top C&I wind power provider overall and the top corporate renewable provider in 2019. In a breakout year for commercial and industrial (C&I) renewable energy procurement, global energy research firm Wood Mackenzie has named Apex Clean Energy the top Commercial and Industrial (C&I) wind power provider overall […] Read more
In Renewables Shadow, who Will Still Fund Coal in India? : Report Updated On Wed, May 6th, 2020 by Saurenergy Why would any debt/ equity capital providers fund a high emission & polluting new coal power plant at double the cost of deflationary, domestic renewables? The COVID-19 pandemic and the subsequent nationwide lockdown to curb its spread has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international […] Read more
SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects Updated On Tue, May 5th, 2020 by Saurenergy SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […] Read more
Australian Govt Launches A$300 Mn Fund to Finance Hydrogen Projects Updated On Mon, May 4th, 2020 by Saurenergy The Liberal National Government has established the A$300 mn fund to finance projects focused on growing the hydrogen industry in Australia. The Liberal National Government is backing Australia to become a world leader in hydrogen production and exports by establishing the Advancing Hydrogen Fund. The new AUD 300 million fund created by the Government will finance projects […] Read more
SCE Signs 7 Contracts for 770 MW of Battery Energy Storage Capacity Updated On Mon, May 4th, 2020 by Saurenergy SCE has signed seven contracts totaling 770 MW of battery-based energy storage resources to help enhance California’s electric system reliability needs. Southern California Edison (SCE) has announced that it has signed seven contracts totaling 770 megawatts (MW) of battery-based energy storage resources to help enhance the region’s electric system reliability needs. The recently conducted solicitation […] Read more
Dominion Energy Quadruples RE and Storage in Resource Plan Updated On Sat, May 2nd, 2020 by Saurenergy Dominion Energy Virginia has quadrupled the amount of solar and wind generation in its 15-year, long-term integrated resource plan (IRP). In just one year, Dominion Energy Virginia has quadrupled the amount of solar and wind generation in its 15-year, long-term integrated resource plan (IRP). The increase is driven, in part, by Governor Ralph Northam’s executive order on […] Read more
Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA Updated On Fri, May 1st, 2020 by Saurenergy The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […] Read more
Covid-19 Breeds Challenges for Renewables in US, China: Platts Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the coronavirus pandemic, China’s electricity demand is likely to normalise by Q3, while there is more uncertainty in the US market as there is still lockdown in most of the states, according to S&P Global Platts Analytics. At the recently held Platts Analytics webinar, the firm highlighted that while there is enough evidence of […] Read more
