IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
KPI Green Delivers Stellar Q4 and full year Results, 1.23 GW project Pipeline Updated On Fri, Apr 26th, 2024 by Saurenergy Surat-based Solar EPC firm KPI Green Energy has come out with a strong set of Q4 results. Total revenues came in at Rs 293 crores during the quarter, a 59% increase over the corresponding quarter in Fy23. Net profit rose Rs 43 crores, up 36% over the same quarter last year. For the full year, […] Read more
MG Motors Establishes 500 EV Chargers In 500 Days In India Updated On Fri, Apr 26th, 2024 by Saurenergy MG Motors in India has announced that it has set up 500 chargers in 500 days as part of its MG Charge initiative in India. Gaurav Gupta, Chief Growth Officer, MG Motor India said, “MG aspires to do more than provide cutting-edge electric vehicles. This landmark of installing 500 chargers in as many days underscores […] Read more
Schneider Electric Launches BESS For Microgrids Updated On Fri, Apr 26th, 2024 by Saurenergy Schneider Electric US, which describes itself as into digital transformation of energy management and automation, has announced a Battery Energy Storage System (BESS) designed and engineered to be a part of a flexible, scalable, and highly efficient architecture. BESS is the cornerstone for a fully integrated microgrid solution that is driven by Schneider Electric’s controls, […] Read more
Manager – Product Management Updated On Thu, Apr 25th, 2024 by Saurenergy Responsibilities Product Strategy and Roadmap: Develop and execute a comprehensive product strategy and roadmap for renewable energy products, aligned with business objectives and market trends. Overall Product Management: Benchmark, Cost, Price, Reliability , Performance , Warranty , Generation, LCOE of projects w.r.t Module performance. Assess the Market Demand for each Product Variant. Market Research and Analysis: Conduct market […] Read more
United States Plans Leasing Of 12 Offshore Wind Projects Updated On Thu, Apr 25th, 2024 by Saurenergy The United States Secretary of the Interior Department Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind energy lease sales from the Bureau of Ocean Energy Management (BOEM) are anticipated in the Atlantic, Gulf of Mexico, Pacific, […] Read more
CERC Allows Fortum Subsidiary To Retain Connectivity For 300 MW Karnataka Project Updated On Thu, Apr 25th, 2024 by Saurenergy In an interesting order earlier this week, the Central Electricity Regulatory Commission allowed SolarOne Energy Private Limited, a subsidiary of Finnish major Fortum, to retain 300 MW connectivity it had been allotted from the Central Transmission Utility of India Limited (CTUIL). The issue arose after CTUIL moved to cancel connectivity citing failure to sign PPA […] Read more
EV Asset Firm Chargeup To Onboard 25,000 Drivers By 2025 Updated On Wed, Apr 24th, 2024 by Saurenergy Battery financing and full stack EV asset management platform Chargeup has announced its plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years. Currently present in 13 cities, Chargeup is set to bolster its network by adding 1500 new partner […] Read more
Global PV Cumulative Capacity Rose To 1.6 TW In 2023: IEA Updated On Wed, Apr 24th, 2024 by Saurenergy International Energy Agency’s International Power Photovoltaic System Program (IEA-PVPS) recent report found the global PV cumulative capacity grew to 1.6 TW in 2023. IEA-PVPS a collaborative R&D Agreements established within the IEA in its recent study showed, “1 581 GW of minimum installed cumulative capacity was installed by the end of 2023. At least 407.3 […] Read more