1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC Updated On Tue, Jun 9th, 2020 by Saurenergy OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […] Read more
India’s Renewable Capacity Additions to Fall in Next 5 Years: BTI Updated On Fri, Jun 5th, 2020 by Saurenergy India’s renewable capacity additions in the next five years is expected to fall down from previous estimates due to COVID-19 disruptions, according to BTI India’s total solar and wind (renewable) power capacity additions in the next five years is expected to reach only 35 gigawatt (GW) and 12 GW, respectively, down from previous estimates due […] Read more
Which States Have the Highest Solar Energy Potential in India? Updated On Thu, Jun 4th, 2020 by Saurenergy The solar energy generation potential in a specific area can be assessed based on factors like availability of land, solar radiation etc. The National Institute of Solar Energy (NISE), an apex institute of Ministry of New & Renewable Energy (MNRE), has estimated the potential of solar power in the country to be around 750 GWp. […] Read more
Bright Canyon Energy’s Solar + Storage Project in Seeking Final Approvals in Hawaii Updated On Wed, Jun 3rd, 2020 by Saurenergy Bright Canyon Energy is in the final award group for HECO’s initiative to bring its solar plus storage project to Hawaii. Bright Canyon Energy has announced it is in the final award group for Hawaiian Electric Company’s (HECO) initiative to bring a cleaner energy supply to Hawaii. The firm’s Kūpono Solar plus storage project, located […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
Strong Q1 for US Energy Storage Market Despite COVID-19: WoodMac Updated On Wed, Jun 3rd, 2020 by Saurenergy The US energy storage sector saw a strong Q1, with residential storage setting another record while the non-residential had its 3rd-strongest quarter The United States (US) energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record. According to Wood Mackenzie and […] Read more
IRENA Report on Renewable Power Generation Costs in 2019 Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
Sungrow Smart Energy Virtual Show to Kick off on June 15th 2020 Updated On Tue, Jun 2nd, 2020 by Saurenergy The situation changes on a daily basis due to the COVID-19 pandemic, while the global market still witnesses a big growth in solar and storage segments. Sungrow, a global inverter solution supplier, keeps pioneering in advanced technologies and announced recently that it would bring an extraordinary smart energy virtual show on June 15th-19th despite the […] Read more
