As RE Continues to Expand, India’s Battery Storage Market a Sleeping Giant: IEEFA Updated On Mon, May 10th, 2021 by Saurenergy Grid integration of large-scale variable renewables will be one of India’s biggest challenges as it aspires to decarbonise its power economy through deployment of 450 gigawatts (GW) of renewable energy (RE) by 2030. Reaching this target from the current installed renewable capacity of 93 GW will require average annual renewable capacity additions of ~35 GW. […] Read more
Decentralized Solar Offers Energy Solutions In Climate Vulnerable Regions in India Updated On Mon, May 10th, 2021 by Saurenergy A significant section of rural India lives in areas which are prone/accustomed to climatic adversities. Hence, people living in these regions are greater risk of being underserved, and hence, impoverished. Although there have been significant improvements in India’s rural household electrification, electricity availability for health centers, schools, and rural enterprises is still limited. A new […] Read more
IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
Masdar To Develop Solar Plant in Greece With Taaleri Energia Updated On Fri, May 7th, 2021 by Saurenergy UAE based leading renewable energy company, Masdar has announced its first investment in Greece for developing a 65 megawatts (MW) solar PV project with Taaleri Energia, a firm that invests in solar and wind assets. A joint venture of both companies, Masdar-Taaleri Generation (MTG) will be managing the solar project alongside local partners, the Constantakopoulos […] Read more
Atlas Secures Finance for 359 MW Solar Project in Brazil Updated On Fri, May 7th, 2021 by Saurenergy Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […] Read more
US Solar Industry in 2020 saw Jobs Decline by 6.7% From 2019: Report Updated On Fri, May 7th, 2021 by Saurenergy The US solar industry employed 231,474 workers in 2020, a 6.7% drop in jobs from 2019 due to pandemic restrictions and increased labor productivity The U.S. solar industry employed 231,474 workers in 2020, a 6.7 percent drop from 2019 due to pandemic restrictions and increased labor productivity, according to the National Solar Jobs Census 2020 released by […] Read more
LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW Updated On Fri, May 7th, 2021 by Saurenergy A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity. The solar facilities are being acquired by LS Power affiliate, Quattro […] Read more
IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6 Updated On Thu, May 6th, 2021 by Saurenergy London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […] Read more
AEP Energy and GEG Signs PPA For 1.65 GW Solar Project Updated On Thu, May 6th, 2021 by Saurenergy US based electric energy supplier and a subsidiary of American Electric Power, AEP Energy has signed a Power Purchase Agreement (PPA) with Global Energy Generation LLC, a developer of renewable energy projects in the Midwest and Mid-Atlantic regions. The PPA has been signed for a 1.65 gigawatt (GW) Mammoth Solar 1 project in Indiana. What […] Read more
