Developing Energy Storage Key for India’s Decarbonisation, finds Study Updated On Thu, Sep 2nd, 2021 by Saurenergy In order to achieve its target of 450 GW of wind and solar by 2030, India’s wind and solar capacity must grow 20% year-over-year between 2022 and 2030. Developing energy storage is a key avenue for increasing India’s power system flexibility and the share of renewables and ultimately enabling India’s decarbonisation, finds a new study by the […] Read more
US Firm Kevala Raises $21 M in Series A Funding Round Updated On Wed, Sep 1st, 2021 by Saurenergy US energy data provider Kevala Inc. has raised $21 million in Series A funding round led by C5 Impact Partners LP (C5 Capital’s fund focused on data-driven technologies transforming critical infrastructure) and Thin Line Capital. Additional investors in the Series A round include senior energy sector executives Tom Werner, current Chairman and former CEO of […] Read more
Wind Energy Accounted for 42% New U.S. Capacity in 2020 Updated On Wed, Sep 1st, 2021 by Saurenergy More wind energy was installed in 2020 than any other energy source, accounting for 42% of new U.S. capacity, says the U.S. Department of Energy (DOE). By contrast, solar amounted to only 38% of new capacity last year. The U.S. wind industry supports 116,800 jobs. The DOE has released three reports showing record growth in […] Read more
Global Semiconductor Firm Infineon Supports Ecosystem Development In Green Agriculture Updated On Mon, Aug 30th, 2021 by Saurenergy Infineon Technologies, a top 10 global semiconductor major has collaborated with with Invest India on Motor Drive Design Challenge for solar pumps. Solar pumps of course are a critical part of the government’s thrust to solarise Indian agriculture under the PM KUSUM scheme and more. For Infineon, the initiative is part of its support for […] Read more
Record 102 Bidders for 2.6 GW South Africa RE Tender Updated On Fri, Aug 27th, 2021 by Saurenergy The Department of Mineral Resources and Energy (DMRE) of South Africa has received bids from 102 potential project developers, including 63 solar projects, in response to its fifth renewable energy tender. Launched in March this year, this tender was aimed at procuring 2.6 GW of clean energy projects, including 1 GW of solar PV and […] Read more
Green Group Files Climate Lawsuit Against Australian Gas Major Santos Updated On Fri, Aug 27th, 2021 by Saurenergy In a landmark move, green group Australasian Centre for Corporate Responsibility (ACCR) is suing oil and gas major Santos Ltd, challenging the company’s claims that natural gas provides “clean energy” and that it has a “credible and clear plan” to achieve “net zero” emissions by 2040 in the Federal Court of Australia. This is the first […] Read more
Denmark Invites Bids for Third Technology-neutral Tender Updated On Fri, Aug 27th, 2021 by Saurenergy The Danish Energy Agency (DEA) has invited bids for a technology-neutral tender, where solar cell systems, wind turbines, wave energy plants and hydropower plants can compete for support. This is the third such tender launched by Denmark and will back around 428 MW of renewable energy projects using DKK 1.2 billion ($189.5 million) in state funds. The […] Read more
Siemens Energy to Build Green H2 Industry in Egypt Updated On Fri, Aug 27th, 2021 by Saurenergy German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […] Read more
India’s Emissions Have Dropped by 28% from 2005 Levels: R K Singh Updated On Thu, Aug 26th, 2021 by Saurenergy India has already achieved emission reduction of 28% over 2005 levels, against the target of 35% by 2030 committed in its NDC (Nationally determined contributions), which makes India one of the few countries globally that have kept to their Paris Climate Change (COP21) commitments along with an exponential increase in renewable energy capacity, said Union […] Read more
