IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
Husk Power 1st Minigrid Firm to Power 100 Communities, 5000 Micro-Enterprise Customers Updated On Fri, Dec 11th, 2020 by Saurenergy Husk Power has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Husk Power Systems, a leading rural energy company operating renewable minigrids in Asia and Africa, has announced that it has achieved two industry firsts: surpassing 100 community minigrids and serving more than 5,000 micro-enterprise customers. Despite the […] Read more
Okinawa Shifts To ‘Lithium Only’ For Its Two Wheelers Updated On Fri, Dec 11th, 2020 by Saurenergy NCR based electric two-wheeler maker Okinawa Autotech private Limited (Okinawa) announced today (Thursday) that it is stopping the sale of lead-acid battery-based scooters. The company will focus only on lithium-ion battery-based variants from now on, said the firm in a statement. Incidentally, under the FAME2 guidelines for two-wheeler subsidies, electric vehicles based on lead-acid batteries […] Read more
Can China Become ‘Carbon Neutral’ by 2060? Updated On Thu, Dec 10th, 2020 by Saurenergy Imagine China, the world’s top emitter of carbon emissions, which in 2019 released nearly double the emissions of the US which has barely any coal power plants. Now imagine it with zero gasoline-powered cars, and with more than four times the 1,200 gigawatts of solar and wind power capacity installed across the world today. This […] Read more
Roadmap Launched for Future Deployment of Energy Storage Technology Updated On Wed, Dec 9th, 2020 by Saurenergy The role of energy storage and the part it will play in helping the UK reach its net-zero targets by 2050 has been set out in a roadmap The role of energy storage and the part it will play in helping the UK reach its net-zero targets on carbon emissions by 2050 has been set […] Read more
IIT Kanpur Establishes Department of Sustainable Energy Engineering Updated On Wed, Dec 9th, 2020 by Saurenergy IIT Kanpur has established a ‘Department of Sustainable Energy Engineering’ with an aim of becoming a vital contributor to the nation’s growing clean and renewable energy sector IIT Kanpur has announced that it has established a ‘Department of Sustainable Energy Engineering’ with an aim of becoming a vital contributor to the nation’s growing clean and […] Read more
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
