Vestas Wins Orders Worth 85 MW For Two Wind Projects in Asia Updated On Sat, Mar 30th, 2019 by Saurenergy Danish wind energy major, Vestas has announced that it has won orders for two wind energy projects in Asia. The first order is the company’s first V150-4.2 MW order in Southeast Asia for a project in Vietnam, and the second order was secured using customised solutions for a 43 MW order with a first 20-year […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo Updated On Fri, Mar 29th, 2019 by Saurenergy The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […] Read more
NOAA Fisheries & BOEM Sign MOU on Offshore Wind Energy Updated On Thu, Mar 28th, 2019 by Saurenergy The 10-year MOU outlines several areas of mutual interest including responsible planning and siting of turbine arrays, development of sites of offshore wind power and to work with local and regional fishing interests. The National Oceanic and Atmospheric Administration (NOAA) Fisheries, Bureau of Ocean Energy Management (BOEM), and the Responsible Offshore Development Alliance (RODA) signed a 10-year Memorandum of […] Read more
Can Power Storage Become a Real Option for Managing Demand Peaks and Troughs? Updated On Thu, Mar 28th, 2019 by Saurenergy Power Storage – Need of an Hour Nowadays, electricity is generated from many sources including renewable energy, as most of the economies globally are rigorously shifting towards clean and green sources of power generation such as – solar and wind. However, energy generation from different sources has variable outputs. Hence, power storage technologies have immense […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
Driving Greater Efficiency Through Technological Innovation Updated On Thu, Mar 28th, 2019 by Saurenergy Technological excellence can change the world as history testifies from the steam engine and the telephone, to the airplane and the internet, many successful inventions have relied on smarter use of technology to transform how we live, work, travel and communicate. It’s marvellous how these inventions have become so integral to our lives – and […] Read more
ARENA Finances Project to Examine Viability of Using RE in Metal Production Updated On Wed, Mar 27th, 2019 by Saurenergy ARENA is funding Element 25’s project to examine the viability of producing metals using renewable energy sourced from wind and solar farms. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian government has granted $490,000 in funding to mining and metals company Element 25 Limited (E25) to examine the viability of using renewable […] Read more
Step Up Research on Minerals and Energy From Oceans to Boost Economy : Naidu Updated On Mon, Mar 25th, 2019 by Saurenergy Vice President Venkaiah Naidu recently said that a focused approach in areas such as minerals and energy from oceans can help India become the third largest economy in the next 10-15 years. Addressing scientists at the CSIR-National Institute of Oceanography (NIO) near here, he said that at the same time, further degradation of marine ecosystems should […] Read more
