TERI Develops Blockchain-Enabled Prototype for Solar Power Trading Updated On Thu, Jan 2nd, 2020 by Saurenergy TERI has developed a prototype platform to facilitate peer-to-peer trading of solar energy among consumers in the same neighbourhood. The Energy and Resources Institute (TERI) has announced that it has developed a platform to facilitate peer-to-peer transactions of solar energy among consumers in the same neighbourhood. The prototype which utilises blockchain for the execution of […] Read more
EESL, HPCL Join Hands to Develop EV Charging Infrastructure Updated On Tue, Dec 31st, 2019 by Saurenergy In a bid to promote electric vehicles (EV) under the National Electric Mobility (e-mobility) Programme, government-backed Energy Efficiency Services Limited (EESL) has entered into a two-year Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) to set up public charging infrastructure. Further, the objective behind the MoU was synergising business development for setting up […] Read more
EIB Chief Slams Automakers for Slow Response to Climate Change Updated On Mon, Dec 23rd, 2019 by Saurenergy EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […] Read more
EVs, Storage, Microgrids and Corporate PPAs to be Key Trends in 2020: GlobalData Updated On Mon, Dec 23rd, 2019 by Saurenergy The power sector is witnessing significant changes. As 2019 draws to a close, Harminder Singh, Director of Power at data and analytics company GlobalData, looks at the key trends that will shape the industry in 2020, ranging from electric vehicles (EVs) to corporate power purchase agreements (PPAs). A. Electric vehicles “The adoption of electric vehicles […] Read more
US Renewable Energy Consumption to Increase 4% Annually Updated On Thu, Dec 19th, 2019 by Saurenergy The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […] Read more
EIB Approves €8.1 bn for RE, Energy Efficiency, Sustainable Transport Updated On Fri, Dec 13th, 2019 by Saurenergy EIB has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development around the world. The European Investment Bank (EIB) has announced that it has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development, health, and education investment across Europe and around the world. […] Read more
EESL Tenders for Procurement of 100 MW Solar PV Modules Updated On Mon, Dec 9th, 2019 by Saurenergy EESL has issued a tender for the procurement of 100 MW solar PV modules for the state of Maharashtra. The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 100 MW solar photovoltaic (PV) modules (325 W rated) for the state of Maharashtra. The last date […] Read more
EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030 Updated On Fri, Nov 29th, 2019 by Saurenergy A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for […] Read more
ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India Updated On Thu, Nov 28th, 2019 by Saurenergy ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […] Read more
