Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027 Updated On Tue, Apr 16th, 2019 by Saurenergy The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […] Read more
$130 Mn Grant For Early-Stage Solar Research Project Updated On Sat, Mar 30th, 2019 by Saurenergy The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […] Read more
723 GW of New Wind Capacity Expected in the Next Decade : WoodMac Updated On Fri, Mar 22nd, 2019 by Saurenergy Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […] Read more
EXIM Bank Extends 3 LOCs Worth $83.11 Mn to Congo For 3 Solar Projects Updated On Tue, Mar 19th, 2019 by Saurenergy The loan will be utilised for financing three solar photovoltaic power projects with a total capacity of 35 MW in the three provinces — Karawa, Mbandaka and Lusambo. The Export-Import Bank of India (Exim Bank0 has, on behalf of the Government of India, extended 3 Lines of Credit (LOC) aggregating USD 83.11 million to the […] Read more
Global Wind Capacity Grew By 51.3 GW in 2018 Updated On Tue, Feb 26th, 2019 by Saurenergy According to a new report, the wind industry installed 51.3 GW of new capacity in 2018, a decrease of 3.6% compared to 2017, as total installed wind capacity reached 591 GW. The latest data released by the Global Wind Energy Council shows that the wind energy industry installed 51.3 GW of new capacity in 2018. […] Read more
India & China Lead as Asia-Pacific Installs 24.9 GW of New Onshore Wind Capacity in 2018 Updated On Wed, Feb 20th, 2019 by Saurenergy Total installed onshore wind capacity in Asia-Pacific is now 256 GW, leading countries in the region for onshore installations in 2018 were China (21.2 GW) and India (2.2 GW). The latest data released by the Global Wind Energy Council (GWEC), a member-based organisation that represents the entire wind energy sector, shows that Asia-Pacific installed 24.9 […] Read more
Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations Updated On Tue, Feb 12th, 2019 by Saurenergy The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […] Read more
Abu Dhabi Commissions World’s Largest Storage Battery Updated On Wed, Feb 6th, 2019 by Saurenergy The battery could potentially power the city of Abu Dhabi for six hours in case of a failure in the main grid. Otherwise, it will serve a function as a load balancer for the network. Abu Dhabi has commissioned a grid-scale deployment of a sodium-sulphur storage battery with a capacity of 108 MW/646 MWH battery […] Read more
Viz-A-Viz with Dr. Rahul Walawalkar, Executive Director | India Energy Storage Alliance (IESA) Updated On Mon, Jan 28th, 2019 by Saurenergy High Time for Policymakers to take Decisive Action If we really want to tap into the country’s estimated 300GWh of storage opportunity in the next four years for domestic manufacturing, this is high time for policymakers to take decisive action, believes Dr. Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), a membership driven alliance […] Read more
