RE Investment in India Bounces Back from COVID-19 Slowdown: IEEFA Updated On Mon, Aug 23rd, 2021 by Saurenergy Renewable energy investment is rising again in India following the slowdown in the previous financial year due to the onset of the COVID-19 pandemic, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the first four months of this financial year (FY), from April to July 2021, investment […] Read more
BiPV Global Market to Grow to US$23.3 B by 2027, Says Report Updated On Mon, Aug 23rd, 2021 by Saurenergy Amid the COVID-19 crisis, the global market for building integrated photovoltaics (BiPV) is estimated to grow from US$10.3 billion in the 2020 to reach US$23.3 billion by 2027, says a new report entitled “Building Integrated Photovoltaics (BiPV) – Global Market Trajectory & Analytics.” The full report can be accessed here. The CAGR over the analysis period 2020-2027 […] Read more
Tesla & Local Partners to Build Storage Facility in Japan Updated On Fri, Aug 20th, 2021 by Saurenergy US auto major Tesla is partnering with Japanese companies to build an energy storage facility using its rechargeable battery in Hokkaido in northern Japan to help stabilise the power system. Tesla will collaborate with Japanese power retailer and aggregator Global Engineering and engineering firm Ene-Vision to build the energy storage facility connected to the grid […] Read more
Swedish Venture Ships World’s First Coal-free ‘Green Steel’ Updated On Fri, Aug 20th, 2021 by Saurenergy Sweden-based steel maker SSAB has claimed that it has produced “the world’s first fossil-free green steel” and delivered it to its first customer, the Volvo Group, as part of the HYBRIT project- a partnership between SSAB, energy firm Vattenfall, and mining and minerals group LKAB that was founded in 2016. HYBRIT, or Hydrogen Breakthrough Ironmaking Technology, […] Read more
ICRA Predicts 8-10% Share For E Buses by 2025 Updated On Fri, Aug 20th, 2021 by Saurenergy Buses, the bulwark of public transport in any well planned transport system, are set to be a key part of the transition to electric mobility in India too. Thanks to focused subsidies and pressure to improve a decrepit bus network in most markets, e-buses are set to make a large impact in this category. For […] Read more
For The Third Time in August, APTEL Sets Aside KERC Order Updated On Fri, Aug 20th, 2021 by Saurenergy For the third time this month, the APTEL (Appellate Tribunal For Electricity) has seen it fit to set aside an order of the Karnataka State Regulatory Commission (KERC). While the broad issue is the same, the beneficiary this time is Hyderabad based Sirwar Renewable Energy Private Limited, a firm that had set up a 2 […] Read more
Green Bonds Worth $3.6 B Issued by Indian RE Developers in H1 2021 Updated On Thu, Aug 19th, 2021 by Saurenergy According to a study released by CEEW-CEF, Indian renewable energy developers issued green bonds worth INR 26,300 crore (USD 3.6 billion) in the first half of 2021 alone, beating even previous one-year records. The CEEW Centre for Energy Finance (CEEW-CEF) is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s […] Read more
Norwegian Company gets €957,000 Grant for Mobile Offshore Wind Units Updated On Thu, Aug 19th, 2021 by Saurenergy Norwegian offshore drilling contractor Odfjell Oceanwind has been awarded a NOK 10 million (EUR 957,000) pre-project grant from Enova, Norway’s fund for climate and energy technologies, for maturing its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for electrification of oil and gas installations. The grant is awarded under Enova’s full scale innovative […] Read more
Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
