MNRE announced new National Lab Policy for Renewable Energy Updated On Tue, Dec 12th, 2017 by Saurenergy As per MNRE, India’s target of achieving 175GW of renewable energy by 2022 has made it mandatory to have and robust and precise policy. In order to acquire better quality and reliability of projects under the renewable energy category in India the Ministry of New and Renewable Energy (MNRE) has recently announced the new and […] Read more
India’s Renewable Energy Push if Implemented Properly Could Mean a Lot of Jobs Updated On Sat, Dec 2nd, 2017 by Saurenergy India’s renewable energy push could help tackle poverty in rural communities by providing steady incomes, healthcare benefits, and skill-building opportunities to unskilled and semi-skilled workers. India’s renewable energy push if implemented properly could do more than just slow down global warming. It could help pull millions out of poverty, especially in rural communities. According to […] Read more
Paris Agreement Enables India to Attract $3.1 Trillion of investments by 2030 Updated On Fri, Dec 1st, 2017 by Saurenergy India’s target of installing 175GW of energy capacity by 2022 claim to have potential of $448 billion worth investments. As per the report issued by the International Finance Corporation (IFC), around $3.1 trillion worth investments are to be expected by 2030. The investments majorly aimed at accomplishing goals as set by the Paris agreement. The […] Read more
Argentina Expects up to USD 3 Billion in Renewable Energy Projects Updated On Thu, Nov 30th, 2017 by Saurenergy Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects after its government awarded projects to generate 1,408 megawatts (MW) of power, and promised to increase that amount to 2,000 MW. According to the Ministry of Energy […] Read more
Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
Elon Musk Won US$50 Million In A Bet to Build A Huge Battery In 100 Days Updated On Mon, Nov 27th, 2017 by Saurenergy Musk took it as a challenge in order to solve South Australia’s power woes which had witnessed a state-wide blackout. Tesla and SpaceX Founder and entrepreneur Elon Musk has won a bet for building a giant battery in a record time of 100 days, $50 million was on stake during the bet and Musk has […] Read more
Modi Govt to Step Beyond Renewable Goal With China-Scale Tenders Updated On Sat, Nov 25th, 2017 by Saurenergy With renewable energy targets second only to those set by the government of China, India has a long way to go from a current base of 60 gigawatts to reach its ambition of 175 gigawatts in five years. In a bid to fulfill Prime Minister Narendra Modi’s climate pledges, India announced that it will tender […] Read more
Air-breathing Battery Could Cut Costs of Renewable Energy Storage Updated On Fri, Nov 24th, 2017 by Saurenergy Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […] Read more
Artificial Intelligence (AI) Will Enhance the Efficiency of Renewable Energy Projects: Reports Updated On Thu, Nov 23rd, 2017 by Saurenergy The use of autonomous drones will offer quicker and efficient remote inspection and maintenance. As per the suggestion by DNV GL, stating that technologies such as autonomous robotics and machine learning can help improve areas such as decision making and planning, condition monitoring, inspections and supply chain optimization which in turn help boost efficiencies across the renewable energy […] Read more