High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more
ADB Arranges $107 Million for BIM Group to Support Wind Project in Vietnam Updated On Wed, Dec 21st, 2022 by Saurenergy The Asian Development Bank (ADB) has signed a financial package of $107 million with BIM Wind Power Joint Stock Company (JSC) to support the operation of an 88 MW wind energy farm located in Ninh Thuan province of Vietnam. The wind project lies to the south-central coast of the South East Asian country. BIM Wind […] Read more
Solar Trackers Surge; Poised To Reach 37,196.86 MW Globally by 2031 Updated On Wed, Dec 21st, 2022 by Saurenergy As per a recent report by a US based market research firm, Transparency Market Research (TMR), the global solar trackers market is likely to reach an installed capacity worth 37,196.86 MW in another nine years. In 2020, the annual installed capacity of solar trackers stood at 6998.8 MW. By 2031, the annual installed capacity will peak […] Read more
Punjab Invites Bids for 10 MW Grid Connected Solar Power Plants Tender Updated On Wed, Dec 21st, 2022 by Saurenergy Punjab Energy Development Agency (PEDA) has floated 10 MW grid-connected rooftop or ground-mounted solar power plants under the renewable energy service company (RESCO) model at various locations in the state. The last date for submitting the online bid is January 30, 2023, and the bid will be opened on January 31, 2023. The scope of […] Read more
SECI Invites Request for Selection for 1.2 GW Hybrid Power Projects Updated On Wed, Dec 21st, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has invited a request for selection for setting up 1200 MW ISTS-connected wind-solar hybrid power projects along with an assured peak power supply in India under a tariff-based competitive bidding process. The last date for submitting the online bid is January 12, 2023 (for online submission) & January […] Read more
Solar Leader Waaree Energies Drums Up Module Manufacturing Capacity to 12 GW Updated On Tue, Dec 20th, 2022 by Saurenergy Leading solar panel manufacturer, Waaree Energies, which currently has an operational 9 GW module manufacturing facility, is looking to set up additional module manufacturing capacity. With this addition to its portfolio, the firm’s module manufacturing capacity will rise to 12 GW including for for 650 watt modules by March 2023. This will be the largest […] Read more
Telangana Floats Tender for 50 MW Mono PERC Solar Modules Updated On Tue, Dec 20th, 2022 by Saurenergy To purchase 50 MW of monocrystalline passivated emitter and rear contact (MONO-PERC) solar modules under the domestic content requirement (DCR) and non-DCR categories for use in the grid-connected rooftop solar program (Phase-II) and other government projects, the Telangana State Renewable Energy Development Corporation (TSREDCO) has issued a request for bids. The last date for submitting […] Read more
Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project Updated On Tue, Dec 20th, 2022 by Saurenergy Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […] Read more
