CSP Startup Heliogen To Merge With SPAC Athena Technology Acquisition Corp Updated On Fri, Jul 9th, 2021 by Saurenergy In a late announcement yesterday, Athena Technology Acquisition Corp. said it is combining with Heliogen Inc., a provider of AI-enabled concentrated solar power. The move that will take Heliogen public, while providing the special purpose acquisition firm (Athena) a purpose finally. Following the business combination, Athena will be renamed Heliogen Inc. and remain listed on […] Read more
RE Capacity Addition to Grow to 11GW in FY22, Predicts ICRA Updated On Fri, Jul 9th, 2021 by Saurenergy While renewable energy capacity addition reduced by 1.3 GW last year due to coronavirus-induced disruptions, ICRA expects the capacity addition to improve to 10.5-11 GW in FY22, led by a strong project pipeline of approximately 38 GW. Additionally, more than 20 GW RE projects are under the tendering phase from various nodal agencies, providing visibility […] Read more
2020 A Year Like No Other, Confirms BP Statistical Review Updated On Fri, Jul 9th, 2021 by Saurenergy Acknowledging the massive disruptions caused by the Covid pandemic in 2020, the annual BP Statistical Review has called 2020 ‘a year like no other’, as it lays bare the hits and misses for the energy sector in 2020. The headline number in our view, Carbon emissions from energy use fell by 6.3%, to their lowest […] Read more
Senior Manager Sourcing Updated On Thu, Jul 8th, 2021 by Saurenergy The Senior Supply Chain Manager will be part of strategic Sourcing team which is part of NEXTracker Supply Chain team at large. General responsibilities will include supplier qualification & onboarding, scouting & benchmarking suppliers, landed cost analysis, managing supplier escalations, contract negotiations, preparation of reports, presentations & correspondence, market/data research & analysis and data tracking. […] Read more
Local Firm to Set Up 100 MW Solar Plant in Botswana Updated On Thu, Jul 8th, 2021 by Saurenergy The Botswana energy regulator has granted a generation licence for a 100 MW solar project to local firm Shumba Energy, making it the first independent power producer to set up a large scale solar plant in the country, according to media reports. This landlocked country in Southern Africa does not currently have large scale solar […] Read more
India Explores Aluminium-Ion Battery As Demand For Lithium Spikes Updated On Wed, Jul 7th, 2021 by Saurenergy Being the third-largest oil importer in the world, in its drive to minimize dependency on oil and fuel imports, India is advancing in a battery technology that uses aluminum rather than lithium as the key ingredient. As far as Aluminum Battery is concerned, recently the Indian Oil Corporation (Indian Oil) has announced that it has established a […] Read more
Texas’s Winter Crisis Helps Build A Case For Solar Storage . Will It Be The Turning Point? Updated On Mon, Jul 5th, 2021 by Saurenergy Earlier this year, Winter Storm Uri swept across North America in the month of February and thrust the U.S. state of Texas in the grip of a major power crisis, causing electricity outages, disrupting telecom facilities, and creating food, medical support, and heat shortages. Like many other power-dependent infrastructures, the Ullrich Water Treatment Plant in […] Read more
IEX Trades 7093 MU in June’21 with 48% YoY Growth Updated On Mon, Jul 5th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 7093 MU of electricity volume in June’21 recording 48% YoY growth. According to the power demand data published by the National Load Dispatch Center, the national peak demand saw a 16% YoY increase, with the highest ever peak demand at 191.51 GW, while energy consumption at 115 BU grew […] Read more
Countries Investing in RE Enjoy Greater Economic Growth, says UK Study Updated On Mon, Jul 5th, 2021 by Saurenergy Researchers at the University of Sussex Business School and the University of Portsmouth have discovered that countries that invest more in renewable energy enjoy greater economic growth and lower levels of income inequality. The study, which analysed data from over 200 countries between 2000-2019, shows that renewable energy acts as a catalyst for reducing income […] Read more
