Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA Updated On Thu, Apr 29th, 2021 by Saurenergy Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more
Renewables- The Success Story of the Covid-19 Era: IEA Report Updated On Wed, Apr 28th, 2021 by Saurenergy A new report by the International Energy Agency (IEA) has found that the renewables sector has remained the success story of the Covid 19 era and is set to provide more than half of the increase in global electricity supply in 2021, of which China alone is likely to account for almost half of the […] Read more
Clean Hydrogen Production Costs to be Brought Well Below USD 2/kg by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy In its parallel report, the ETC states that the production costs for clean hydrogen can be brought well below USD 2/kg by 2030. In its parallel report Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy, the ETC sets out the complementary role for clean hydrogen and how a combination of private-sector […] Read more
Sri Lanka’s WindForce Commences Trading on CSE above IPO Price Updated On Mon, Apr 26th, 2021 by Saurenergy On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […] Read more
Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA Updated On Mon, Apr 26th, 2021 by Saurenergy The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […] Read more
LONGi Clarifies: Didn’t End Contracts With Indian Power Developers Updated On Fri, Apr 23rd, 2021 by Saurenergy In response to recent reports suggesting that Chinese PV manufacturer LONGi, among other solar developers, had withdrawn from signed contracts with Indian power developers due to increasing commodity prices, the company issued a clarification stating that this information being passed around was false and that no such contracts had been terminated. The company claims that […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
Upgrading a Grid Connected PV System To An Energy Storage System Updated On Thu, Apr 22nd, 2021 by Saurenergy Even today, there is a widespread impression among many prospects that a solar system could mean grid independence. Unfortunately, by the time they actually understand the way most solar setups work, especially if you want the benefit of subsidies, they realise that the only way is a grid connected solar plant. However, that is changing. […] Read more
