World’s Biggest Green Energy Hub Proposed for Western Australia Updated On Wed, Jul 14th, 2021 by Saurenergy An international consortium is planning to build what would be the world’s biggest renewable energy hub in Australia, covering an area half the size of Belgium, to convert wind and solar power into green fuels like hydrogen. The consortium, which comprises of InterContinental Energy, CWP Global and Mirning Green Energy Limited, aims to build Western Green Energy […] Read more
APERC Approves Cancellation of Two Wind PPAs, Orders Discom to Pay Compensation Updated On Wed, Jul 14th, 2021 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a new order, ruling that the power purchase agreements (PPAs) entered into by wind developers Vibrant Greentech and Chaitanya Projects with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) were not binding for the state distribution company. The ruling came in response to the petitions filed […] Read more
Scientists in Saudi Arabia Make 27% Efficient n-i-p Perovskite Tandem Cell Updated On Tue, Jul 13th, 2021 by Saurenergy Researchers led by Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) have demonstrated a tandem cell based on an n-i-p perovskite stacked on top of a silicon heterojunction cell that achieved 27% efficiency, breaking the previous record of 22%. Monolithic perovskite/silicon tandem solar cells are currently of interest thanks to their high power […] Read more
BlackRock raises $250 M for Climate Projects in Asia, Latin America, Africa Updated On Mon, Jul 12th, 2021 by Saurenergy New York-based investment management company BlackRock has secured over $250 million from global investors and governments for the Climate Finance Partnership (CFP), which was introduced at the One Planet Summit in September 2018 under the leadership of French President Emmanuel Macron. CFP is a flagship blended finance vehicle that is designed to invest in climate solutions and […] Read more
New York Allocates $12.5 M for Green H2 Exploration Updated On Fri, Jul 9th, 2021 by Saurenergy New York will use $12.5 million of state funds for long-duration energy storage technologies and pilot projects exploring the potential for green hydrogen production, said Governor Andrew M Cuomo recently. To support the state’s decarbonisation goals and its pledge to cut its carbon footprint by 85% by 2050, New York is also collaborating with the […] Read more
CSP Startup Heliogen To Merge With SPAC Athena Technology Acquisition Corp Updated On Fri, Jul 9th, 2021 by Saurenergy In a late announcement yesterday, Athena Technology Acquisition Corp. said it is combining with Heliogen Inc., a provider of AI-enabled concentrated solar power. The move that will take Heliogen public, while providing the special purpose acquisition firm (Athena) a purpose finally. Following the business combination, Athena will be renamed Heliogen Inc. and remain listed on […] Read more
RE Capacity Addition to Grow to 11GW in FY22, Predicts ICRA Updated On Fri, Jul 9th, 2021 by Saurenergy While renewable energy capacity addition reduced by 1.3 GW last year due to coronavirus-induced disruptions, ICRA expects the capacity addition to improve to 10.5-11 GW in FY22, led by a strong project pipeline of approximately 38 GW. Additionally, more than 20 GW RE projects are under the tendering phase from various nodal agencies, providing visibility […] Read more
2020 A Year Like No Other, Confirms BP Statistical Review Updated On Fri, Jul 9th, 2021 by Saurenergy Acknowledging the massive disruptions caused by the Covid pandemic in 2020, the annual BP Statistical Review has called 2020 ‘a year like no other’, as it lays bare the hits and misses for the energy sector in 2020. The headline number in our view, Carbon emissions from energy use fell by 6.3%, to their lowest […] Read more
Hyundai to Invest $100 M in Solid-state Battery Developer Solid Energy Updated On Thu, Jul 8th, 2021 by Saurenergy Hyundai Motor Co, a South Korean automotive manufacturer of international repute, will invest USD 100 million in solid-state battery specialist Solid Energy System (SES) corporations, according to recent media reports. The company appears to have signed an equity investment agreement with SES. A spin-off from the Massachusetts Institute of Technology (MIT), Solid Energy has developed a prototype lithium metal […] Read more
