Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
Only 521.69 MW of Renewable Energy Capacity Installed in Odisha Updated On Thu, Mar 19th, 2020 by Saurenergy The coastal state of Odisha has a total of 521.69 MW of renewable energy capacity installed in the state as on February 29, 2020. According to data provided by the Minister of New & Renewable Energy (MNRE) the coastal state of Odisha has a total of 521.69 MW of renewable energy capacity installed in the […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more
Research Shows Pairing Wind With Storage Critical for RE Future Updated On Wed, Feb 26th, 2020 by Saurenergy A new report examines the use of energy storage for wind integration, covering existing and upcoming projects, the landscape, and expected market growth. A new report from Navigant Research examines the use of energy storage for wind integration, covering existing and upcoming projects, the competitive landscape, and expected market growth. The report, Optimizing Wind Power Plants with Energy Storage, […] Read more
The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
IFC to Assess Potential of Private Investments in Energy Storage Solutions in Burkina Faso Updated On Mon, Feb 24th, 2020 by Saurenergy IFC will assess how private investment in energy storage can contribute to higher solar power production while enhancing grid stability in Burkina Faso The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it has signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in […] Read more
AES Distributed Energy Secures $341 Million in Debt Financing Updated On Fri, Feb 21st, 2020 by Saurenergy AES Distributed Energy has entered into a USD 341 million debt agreement which provides new capital for a portfolio of distributed generation projects AES Distributed Energy (AES DE), a subsidiary of the AES Corporation (AES) and a leader in energy generation through solar PV and solar PV + battery energy storage systems (BESS), has announced […] Read more
