New York To Get 100 MW Battery Storage Updated On Thu, Dec 17th, 2020 by Saurenergy Con Edison, a US-based energy company and 174 Power Global, a solar project development company have struck a deal that will place the largest battery storage project in New York on an industrial site in Astoria, Queens, the batteries will be able to discharge 100 megawatts of electricity. This East River Energy Storage System will […] Read more
Demand for Hydrogen in India can Grow 5-Fold by 2050: TERI Updated On Thu, Dec 17th, 2020 by Saurenergy A new report by The Energy and Resources Institute (TERI) suggests that the demand for hydrogen in India can grow 5-fold by 2050. The demand for hydrogen in India can grow five-fold by 2050. Further, by 2030, the costs of “green hydrogen” from renewables will fall more than 50 percent and start to compete with […] Read more
Increasing Stakes in Intrastate Transmission Will Drive RE Growth in India: IEEFA Updated On Wed, Dec 16th, 2020 by Saurenergy IEEFA recommends increasing competition in the intrastate transmission sector to speed up the deployment of renewable energy in India A new IEEFA report recommends increasing competition in the development of intrastate transmission infrastructure, to speed up the deployment of renewable energy in India. “As the share of increasingly low cost but variable renewable energy grows, development […] Read more
Cordelio Power Acquires 150 MW Solar Development Project in Missouri Updated On Wed, Dec 16th, 2020 by Saurenergy Cordelio Power (“Cordelio”) is pleased to announce the acquisition of a 150 MW solar project (“Winfield”) under development in Lincoln County, Missouri. Cordelio acquired the Winfield project from a joint venture between Dakota Power Partners, LLC (“Dakota”) and MAP Energy (“MAP”), the original developers of the project. Dakota will initially provide transition development services for the project, […] Read more
China & India to Lead Revival of Electricity Demand in 2021: IEA Updated On Wed, Dec 16th, 2020 by Saurenergy After experiencing its biggest decline in decades, global electricity demand is expected to rebound in 2021, led by growth in China & India After experiencing its biggest decline in decades, global electricity demand is expected to rebound modestly in 2021, led by growth in China, India and other emerging economies, according to a new report […] Read more
CM Mamata Banerjee Lauds Eco Friendly Approach In Bengal Updated On Tue, Dec 15th, 2020 by Saurenergy In a tweet yesterday, Chief Minister of West Bengal Mamta Banerjee claimed that Bengal has been the pioneer state in introducing environment-friendly transportation on such a large scale. “With environment-friendly electric bus and CNG bus service, Kolkata has also bagged international C40 Award for electric transportation system”, Mamata wrote. Today is National Energy Conservation Day. […] Read more
Tata Power Subsidiary TPMRG Commissions 100th Solar Microgrid in UP Updated On Tue, Dec 15th, 2020 by Saurenergy TPRMG, a 100 percent subsidiary of Tata Power, has commissioned its 100th solar microgrid project in Ratnapur, Uttar Pradesh (UP) While the Government of India has achieved 100 percent electrification under the Saubhagya scheme, communities in Indian states, especially, Bihar and Uttar Pradesh still have unreliable power supply and face unscheduled power cuts. Many of […] Read more
Fitch Ratings Bumps Up IREDA Credit Ratings Updated On Mon, Dec 14th, 2020 by Saurenergy Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […] Read more
Sungrow Supplies Inverters for 100 MW Solar Plant in Hungary Updated On Fri, Dec 11th, 2020 by Saurenergy Solar PV inverter solutions provider – Sungrow has announced that it has supplied its medium-voltage inverter solutions to a 100 MW solar plant in Kaposvàr, south-west Hungary, which is one of the largest solar projects and biggest investment of this nature in entire Central Europe. Committing to support Hungary’s climate policy targets, including energy production […] Read more
