IKEA To Start Selling Renewable Electricity To Swedish Households Updated On Wed, Aug 18th, 2021 by Saurenergy IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […] Read more
MoP Issues Draft Electricity Rules 2021 for Green Energy Updated On Tue, Aug 17th, 2021 by Saurenergy The Ministry of Power has released the “Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021,” seeking comments from stakeholders within 30 days. The draft rules can be accessed here. These rules are proposed for the purchase and consumption of green energy, including the energy from ‘Waste-to-Energy’ plants. The draft rules address […] Read more
High Cost, Infrastructural Issues Limit Green Hydrogen’s Role in Energy Transition: Study Updated On Tue, Aug 17th, 2021 by Saurenergy Green hydrogen is recognised as a viable solution for reducing greenhouse gas emissions and transitioning away from fossil fuels for “hard-to-abate” sectors. The supply chain for hydrogen, however, is not yet fully developed. Several barriers, such as the high cost of green hydrogen compared to non-renewable alternatives and the lack of dedicated infrastructure, are still […] Read more
Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
Reliance Joins Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc Updated On Tue, Aug 10th, 2021 by Saurenergy Reliance New Energy Solar Ltd (RNESL), Bill Gates, Japan Energy Fund and a few other strategic partners are investing $144 million into US energy company Ambri Inc to help it commercialize and grow its daily cycling, long-duration system technology, and build a domestic manufacturing facility. “This financing supports the commercial growth of our company and technology,” said Dan […] Read more
Renewable energy statistics 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy Renewable Energy Statistics 2021 by IRENA provides data sets on the power-generation capacity for 2011-2020, actual power generation for 2011-2019, and renewable energy balances for over 130 countries and areas for 2018-2019. Data were obtained from a variety of sources, including an IRENA questionnaire, official national statistics, industry association reports, consultant reports, and news articles. […] Read more
Indian Renewable Energy Industry Analysis Updated On Fri, Aug 6th, 2021 by Saurenergy The India Brand Equity Foundation (ibef) has reported an analysis of the Indian Renewable Energy in May 2021. It reported that India ranked third in EY Renewable Energy Country Attractive Index. Installed renewable power generation capacity has increased at a fast pace over the past few years, posting a CAGR of 17.33% between FY14-FY20. Power […] Read more
India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050 Updated On Fri, Aug 6th, 2021 by Saurenergy During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […] Read more
JSW Energy Partners with Australian Firm To Develop Green Hydrogen Projects Updated On Mon, Aug 2nd, 2021 by Saurenergy JSW Energy’s wholly-owned subsidiary, JSW Future Energy Ltd. has partnered with an Australian firm Fortescue Future Industries (FFI), to explore opportunities to develop green hydrogen projects in India. Under the agreement, FFI and JSW Energy will collaborate and work on potential projects for the production of green hydrogen and explore opportunities to utilize it for […] Read more
