German Govt Funds Study on Economic Viability of Floating PV Updated On Tue, Jul 6th, 2021 by Saurenergy The German Federal Ministry for Economic Affairs and Energy is funding a research project to develop the technology of floating PV systems and investigate its economic viability. The government is partnering with the Fraunhofer Institute for Solar Energy Systems ISE and the Brandenburg University of Technology Cottbus-Senftenberg to carry out the so called “PV2Float project.” Floating PV systems […] Read more
IEX Trades 7093 MU in June’21 with 48% YoY Growth Updated On Mon, Jul 5th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 7093 MU of electricity volume in June’21 recording 48% YoY growth. According to the power demand data published by the National Load Dispatch Center, the national peak demand saw a 16% YoY increase, with the highest ever peak demand at 191.51 GW, while energy consumption at 115 BU grew […] Read more
Top 10 Cleantech Trends for 2021 By IHS Markit Updated On Mon, Jul 5th, 2021 by Saurenergy Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […] Read more
NTPC, ONGC To Focus On Offshore Wind Energy Developments ? Updated On Mon, Jul 5th, 2021 by Saurenergy News reports have quoted state-owned National Thermal Power Corporation Ltd (NTPC) and the Oil and Natural Gas Corporation Limited (ONGC) joining together for the development of offshore wind energy in the country. For ONGC, the national oil explorer, any tie-up is considered relevant as power generation has not been its forte, and offshore wind offers […] Read more
NTPC Tenders For 500 MW of Solar EPC Projects Updated On Mon, Jul 5th, 2021 by Saurenergy Close on the heels of announcing an aggressive reset of its renewable energy targets, state owned NTPC Limited has invited bids for an engineering, procurement, and construction (EPC) package with land development for 500 MW of grid-connected solar projects anywhere in India. The tender, floated on Friday last week (July 2) has a last date […] Read more
Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
Shell & EDF JV to Build 1.5 GW Offshore Wind Farm in New Jersey Updated On Fri, Jul 2nd, 2021 by Saurenergy Atlantic Shores Offshore Wind, a 50-50 joint venture between California-based EDF Renewables North America and British-Dutch firm Shell New Energies US LLC, has received the right to provide 1.5 gigawatts of renewable offshore energy, enough to power over 700,000 homes in the city, by the New Jersey Board of Public Utilities. The New Jersey regulators […] Read more
“Five Years Is A Very Long Time In The Battery business”, Ak Shukla, Sanvaru Updated On Fri, Jul 2nd, 2021 by Saurenergy Sanvaru Technology CEO and founder AK Shukla seems to love doing the unconventional. From starting up a battery business when it wasn’t really the obvious thing to do, to setting up headquarters in the backwaters of Sonipat, Haryana. Today, the firm claims to be the leading manufacturer of Li ion/ Lifepo4battery pack for Solar/Electronic equipments […] Read more
Punjab Power Crisis The Worst Case Scenario For Poor Policy Decisions Updated On Fri, Jul 2nd, 2021 by Saurenergy Less than 72 hours after Union Minister R.K. Singh spoke about a target of 24×7 power, Punjab, one of the most prosperous North Indian states, is plunged into a power crisis. In this crisis lies the case for some of the biggest reforms that have been pending due to resistance from multiple states, including Punjab […] Read more
