IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
News In Brief- Shree Cement, Godawari Motors, Azerbaijan Solar Auction, US New Transmission Rule Updated On Fri, Apr 26th, 2024 by Saurenergy Shree Cement joins RE100 With Commitment to transition To 100% Renewable Electricity by 2050 Shree Cement, one of India’s largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 percent renewable […] Read more
KPI Green Delivers Stellar Q4 and full year Results, 1.23 GW project Pipeline Updated On Fri, Apr 26th, 2024 by Saurenergy Surat-based Solar EPC firm KPI Green Energy has come out with a strong set of Q4 results. Total revenues came in at Rs 293 crores during the quarter, a 59% increase over the corresponding quarter in Fy23. Net profit rose Rs 43 crores, up 36% over the same quarter last year. For the full year, […] Read more
MG Motors Establishes 500 EV Chargers In 500 Days In India Updated On Fri, Apr 26th, 2024 by Saurenergy MG Motors in India has announced that it has set up 500 chargers in 500 days as part of its MG Charge initiative in India. Gaurav Gupta, Chief Growth Officer, MG Motor India said, “MG aspires to do more than provide cutting-edge electric vehicles. This landmark of installing 500 chargers in as many days underscores […] Read more
TotalEnergies Begins Construction of 12 MW Solar Project at New York’s JFK Airport Updated On Wed, Apr 24th, 2024 by Saurenergy TotalEnergies has begun construction of New York State’s largest onsite solar generating and storage system at John F. Kennedy (JFK) International Airport in partnership with the Port Authority of New York and New Jersey (PANYNJ) and the New York Power Authority (NYPA). To be erected as a canopy in one of JFK’s long-term parking lots, […] Read more
Scatec Launches 540 MW Kenhardt Solar Farm In South Africa Updated On Tue, Apr 23rd, 2024 by Saurenergy Scatec has recently launched the Kenhardt project totalling 540 MW solar and 225 MW/1,140 MWh battery storage in South Africa. The Scatec project is touted to be one of the world’s largest hybrid solar and battery storage facilities. The Sactec project was awarded by the Department of Mineral Resources and Energy in South Africa under […] Read more
Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet Updated On Tue, Apr 23rd, 2024 by Saurenergy Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […] Read more
Poor Air Quality Affecting Solar Power Generation In India, Finds Study Updated On Tue, Apr 23rd, 2024 by Saurenergy New data by Solargis, a solar data and software solutions company, has revealed that solar irradiance witnesses a downfall during winter months in India. The data by the company says that India’s solar power generation is being significantly impacted by poor air quality during winter months. Avik Mitra, business account manager, at Solargis, said, “January […] Read more
Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US Updated On Tue, Apr 23rd, 2024 by Saurenergy The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […] Read more
