Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
Eolian Gets $925 Million Renewable Energy Financing Updated On Fri, Apr 22nd, 2022 by Saurenergy Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […] Read more
Malawi solar mini-grid shows promise as way of electrifying rural Africa Updated On Fri, Apr 22nd, 2022 by Saurenergy A solar mini-grid in rural Malawi, East Africa, is powering maize mills, a sunflower oil facility and will help a welder in a nearby village expand his business, showing that centralised grid systems are not Africa’s only route towards low-carbon power. Malawi, a landlocked country in southeastern Africa, is defined by its topography of highlands […] Read more
Solar panels on Tamil Nadu’s govt office rooftops to produce 10 MW power Updated On Fri, Apr 22nd, 2022 by Saurenergy The Tamil Nadu Energy Development Authority (TNEDA) will install solar panels on rooftops of government office buildings in a bid to generate 10 MW of power, as per recent media reports. The estimated cost of the project is 50 crore and the tender process will be finalised by the end of May. According to TNEDA […] Read more
Solar power systems installed in Shimla helped save ₹1.85 cr: HP min Updated On Fri, Apr 22nd, 2022 by Saurenergy Himachal Pradesh urban development minister Suresh Bhardwaj said on Thursday that solar power systems installed in 66 government buildings in Shimla had saved electricity worth Rs 1.85 crore. He said the Smart City mission had given the state a successful model of solar energy. In a press statement issued in Shimla, the minister mentioned, “First, the […] Read more
EV Owners Will Need Separate Power Connection in Madhya Pradesh Updated On Fri, Apr 22nd, 2022 by Saurenergy In what is a being marketed as an EV friendly move, the Madhya Kshetra Vidyut Vitaran Company says that electric vehicle owners who set up charging stations will have separate power connections from the company. The provision will be applicable in all the 16 districts that come under the jurisdiction of Madhya Kshetra Vidyut Vitaran […] Read more
America’s Renewable Energy Project Completions Stumble Updated On Fri, Apr 22nd, 2022 by Saurenergy The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […] Read more
Atlas Signs PPA with Enel for supply of 1.3 TWh/year of Wind Power Updated On Thu, Apr 21st, 2022 by Saurenergy The USA-based Atlas Renewable Energy announced that it has signed a long term power purchase agreement (PPA) with Enel Generación Chile for 1.3 TWh/year with the development of its first wind power project. The portfolio’s three wind projects total 417 MW throughout Chile, helping accelerate its clean energy transition. Atlas Renewable Energy is part of […] Read more
AMEA Power to build two solar power plants in Morocco Updated On Thu, Apr 21st, 2022 by Saurenergy Morocco, which has planned some ambitious renewable energy projects to take advantage of its geographical location, has awarded a contract for the development of two solar power projects to AMEA Power – a UAE energy company. The two solar projects will be part of the first phase of Noor PV II Programme. This programme will […] Read more
