Global Offshore Wind O&M Market to grow to $12 Bn by 2029: WoodMac Updated On Tue, Mar 9th, 2021 by Saurenergy A new report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow to reach USD 12 billion by 2029. Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16 percent annually to reach USD 12 billion (EUR 10 billion) […] Read more
Danish Firm Halder Topsoe Fires First Salvo In Green Hydrogen Manufacturing Updated On Tue, Mar 9th, 2021 by Saurenergy The Catalyst Manufacturer has claimed that its upcoming facility to build electrolysers will cut the cost of Green Hydrogen by 20 percent Green Hydrogen has started attracting some serious attention across the world now, with experts putting down a price of anything between $1.5 to $2 as the inflection point that will make it a […] Read more
State-Owned and Private Discoms on two Ends of the Spectrum: ICRA Updated On Tue, Mar 9th, 2021 by Saurenergy The credit profile of the state-owned Discoms continues to remain stressed, while that of several privately-owned Discoms remains healthy The credit profile of the state-owned distribution utilities (Discoms) continues to remain stressed due to higher level of technical & commercial (AT&C) losses compared to regulatory norms, inadequate tariffs in relation to their cost of supply […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
Low Current Represents the Best Choice for PV Modules Updated On Mon, Mar 8th, 2021 by Saurenergy Recently, Guangzhou Development New Energy Co., Ltd. began bidding for procurement of PV modules for 2021 and 2022. This procurement is divided into two bidding sections with a total procurement scale of 1.08GW. The power threshold is set for the PV modules of the two bidding sections and the current of the modules should not […] Read more
IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite Updated On Mon, Mar 8th, 2021 by Saurenergy IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […] Read more
US DOE Announces $115 Mn to Small Businesses for Clean Energy R&D Projects Updated On Mon, Mar 8th, 2021 by Saurenergy In support of the Biden-Harris Administration’s commitment to build the American economy back better, the US Department of Energy (DOE) has announced USD 115 million for small businesses pursuing clean energy research and development (R&D) projects. The projects range from grid modernisation and carbon removal to renewable energy and energy storage. “Through this program, DOE […] Read more
Fusion Fuel Green Partners with BGR Energy to Develop Green Hydrogen Projects in India Updated On Sat, Mar 6th, 2021 by Saurenergy Fusion Fuel Green PLC, a green hydrogen technology company, is pleased to announce that it has signed an MoU with BGR Energy Systems Limited, one of India’s leading EPC companies, to develop green hydrogen projects in India. The companies intend to establish an initial demonstrator plant in India in 2021 and thereafter develop larger-scale projects […] Read more
Renewable Energy Integration is India’s Next Big Challenge: IEEFA Updated On Fri, Mar 5th, 2021 by Saurenergy According to a report from Institute for Energy Economics and Financial Analysis (IEEFA), India already has 93 GW of on-grid variable renewable energy (VRE) capacity as of January 2021. Now, one of the next big challenges for India’s electricity sector is battery storage, green hydrogen, and flexible coal-fired power generation into the electricity grid i.e. […] Read more
