Offshore Wind to Grow 15-Fold and Attract $1 Trillion in Investments by 2040 Updated On Mon, Oct 28th, 2019 by Saurenergy A new report finds that global offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040. A new report has predicted that offshore wind power will grow impressively over the next two decades, boosting efforts to decarbonise energy systems and reduce air pollution as it becomes a growing […] Read more
US DOE Grants $28 Million For Wind Energy R&D Updated On Fri, Oct 25th, 2019 by Saurenergy The US DOE has announced the selection of 13 projects to receive a total of USD 28 million to advance R&D in wind energy nationwide. The US Department of Energy (DOE) has announced the selection of 13 projects to receive a total of USD 28 million to advance research and development (R&D) in wind energy […] Read more
STMicroelectronics Posts Q3 Net Revenue at $2.55 Bn Updated On Thu, Oct 24th, 2019 by Saurenergy For the full year 2019, we expect net revenues at the mid-point to be about USD 9.48 billion, accompanied by a double-digit operating margin performance, said the company spokesperson. One of the leading semiconductor provider STMicroelectronics (ST) has reported marginally higher net revenue by 1.2 percent at USD 2.55 billion during the third quarter of […] Read more
Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari Updated On Thu, Oct 24th, 2019 by Saurenergy The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […] Read more
Storage Subsidies. With or Without Renewables? Updated On Thu, Oct 24th, 2019 by Saurenergy The Award of the Nobel Prize in Chemistry to three scientists who have played a key role in the development and commercialisation of Lithium storage batteries, is a true indicator of the critical role of storage today. More so at a large scale now. The changes happening on the Energy storage subsidy front in the […] Read more
Deadline for BIS Certification of Inverters Gets 3 Month Extension Updated On Thu, Oct 24th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has extended the deadline for self-certification of solar inverters through the BIS, again. The Ministry of New and Renewable Energy (MNRE) has extended the deadline for self-certification of solar inverters through the Bureau of Indian Standards (BIS), again. In its notification, the ministry has cleared that considering […] Read more
EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui Updated On Wed, Oct 23rd, 2019 by Saurenergy EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
Pre-Bid Meetings and Deadlines for 4 Tenders Rescheduled Updated On Mon, Oct 21st, 2019 by Saurenergy SECI has announced the rescheduling of pre-bid meetings for 3 of its latest tenders and the extension in the bid submission deadline for another The Solar Energy Corporation of India has announced the rescheduling of pre-bid meetings for three of its latest tenders, and the extension in the bid submission deadline for another tender. The […] Read more
