Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project Updated On Mon, Dec 7th, 2020 by Saurenergy Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […] Read more
As Battery Cell Prices Hit $110/KWH, Challenges Remain- Report Updated On Fri, Dec 4th, 2020 by Saurenergy According to Benchmark Mineral Intelligence’s study, Lithium-ion battery cell prices have decreased from $290/kWh in 2014 to $110/kWh in 2020 (large contract automotive), and there is a view in the lithium-ion industry that this trend will continue indefinitely. This in turn will lower the price of electric vehicles and bring cost parity between the internal […] Read more
Orient Cement Goes With AMP Energy For Captive Renewable Generation Updated On Fri, Dec 4th, 2020 by Saurenergy Orient Cement, which has plants in Maharashtra, Telangana and Karnataka,has signed up for a 26 percent stake in AMP Solar Systems, a step down subsidiary of AMP Solar Technology. The new firm, which was incorporated in May 2020, will set up a solar power plant in Maharashtra to serve primarily as a captive supplier of […] Read more
Railways Should use Sections of its Extensive Network for Transmission Infrastructure: IEEFA Updated On Thu, Dec 3rd, 2020 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA) in its latest report has shown how by facilitating electricity transmission routes, the Indian Railways could fast-track the energy transition. The report, Indian Railways at the Junction, suggests that transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables. […] Read more
Bengaluru’s Three Wheels United Enters Third Derivative’s Inaugural Cohort Updated On Thu, Dec 3rd, 2020 by Saurenergy A Bengaluru based, Three Wheels United (TWU) has announced their selection in the Third Derivative’s inaugural cohort of climate innovation startups, in a press release on 2nd December 2020. TWU a tech-enabled financier of light electric vehicles is one of the 50 climate innovation startups, selected from more than 600 applicants across 60+ countries. Founded […] Read more
Govt Role, Hydrogen In Focus At Plenary On Future Of RE At REINVEST Updated On Thu, Dec 3rd, 2020 by Saurenergy At a plenary session of ReInvest 2020, called the Future of RE, the focus shifted to all that needed to be done to ensure the future arrives on time. Where renewable power forms the basis of the economy without causing the sort of upheavals and disruptions that many skeptics continue to warn of. Picking up […] Read more
Small Hydro At Re-Invest 2020 Strives To Stay Relevant Updated On Tue, Dec 1st, 2020 by Saurenergy Caught between low cost solar power and wind, and the huge displacement and other environmental concerns of large hydro projects, small hydro tends to get missed out by policy makers. Especially as most potential here is limited to the hill states of Himachal especially, besides Uttarahand and now, Arunachal Pradesh. At RE-Invest 2020 though, where […] Read more
Seraphim Joins the 500w Club, With S4 half Cell Series Updated On Tue, Dec 1st, 2020 by Saurenergy Jiangsu Seraphim Solar System Co., Ltd. (Seraphim), a world-class solar product manufacturer in China, has joined the growing band of manufacturers offering a 500 plus Watt module with the launch of its S4 half-cell series photovoltaic (PV) modules on December 1. Seraphim, which until last year claimed to have over 85 percent of its sales outside […] Read more
Preparing For a Renewable Future- The Business Models That Matter Updated On Tue, Dec 1st, 2020 by Saurenergy If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […] Read more
