Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Tesla Introduces New Battery for Utility Scale Energy Storage Updated On Wed, Jul 31st, 2019 by Saurenergy To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […] Read more
5,645 Electric Buses Sanctioned for 65 Cities: Amitabh Kant Updated On Tue, Jul 30th, 2019 by Saurenergy Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities Niti Aayog CEO Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities, a move seen towards environment-friendly mobility. Last week, the GST Council headed by finance minister Nirmala Sitharaman decided to cut the tax rates […] Read more
AEP Completes Acquisition of 227 MW Wind Project in Texas Updated On Fri, Jul 26th, 2019 by Saurenergy AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […] Read more
Hyundai Working With IOCL for Fast Charging Stations Updated On Fri, Jul 26th, 2019 by Saurenergy Hyundai Motor recently showcased its Kona electric SUV and said that work is on to set up fast charging facilities in association with IOCL Hyundai Motor, which recently showcased its Kona electric Sports Utility Vehicle, said work is on to set up fast charging facilities in select fuel stations in association with the Indian Oil […] Read more
Ørsted and Equinor big Winners in New York’s 1.7 GW Wind Solicitation Updated On Sat, Jul 20th, 2019 by Saurenergy NYSERDA has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects in the New York’s first offshore wind competition. The New York State Energy Research and Development Authority (NYSERDA) has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects […] Read more
SECI Amends 2 GW Tender Under CPSU-II Scheme Updated On Fri, Jul 19th, 2019 by Saurenergy SECI has amended its RfS for setting up of 2 GW solar projects in India under the CPSU scheme phase-II for a second time. The Solar Energy Corporation of India (SECI) has amended its Request for Selection (RfS) for setting up of 2 GW grid-connected solar PV power projects in India (Tranche-I) under the CPSU […] Read more
5X Increase in Renewable Jobs in 5 Years- Skills Council Report Updated On Wed, Jul 17th, 2019 by Saurenergy India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in FY18 by utility-scale solar, rooftop solar, and wind […] Read more
Govt Invites Proposals for Deployment of EV Charging Infra Under FAME-II Updated On Wed, Jul 17th, 2019 by Saurenergy The Heavy Industries Ministry has invited proposals from public/private entities interested in developing EV charging infrastructure in India under FAME II The Government of India has recently approved the second phase of the FAME [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] Scheme, for 3 years commencing from April 1, 2019, with […] Read more
