Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Switching up Renewables and With it Energy Poverty: Study Updated On Mon, Jul 15th, 2019 by Saurenergy According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […] Read more
Solar PV Jobs in India Surge; Top Markets See Slump: IRENA Updated On Fri, Jun 14th, 2019 by Saurenergy Despite slower growth in key renewable energy markets including China, jobs in renewables grew to their highest level on the back of many more countries adopted manufacturing, trading and installation of renewable energy technologies. The employment in solar photovoltaic (PV) industry witnessed a surge in India, Southeast Asia and Brazil in 2018, whereas major markets […] Read more
Wind Energy Expansion in Vietnam, 1 GW Expected to be Installed by 2021 Updated On Wed, Jun 12th, 2019 by Saurenergy Vietnam has one of the highest potentials in the region for both onshore and offshore wind energy, with 1GW expected to be installed by 2021 The Global Wind Energy Council (GWEC) is hosting its annual Vietnam Wind Power Conference, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for […] Read more
260 MW Wind Farm in Thailand Begins Commercial Operation Updated On Thu, May 9th, 2019 by Saurenergy Composed of five sub-projects located in Chaiyaphum Province in Thailand, the project is set to be one of the biggest of its kind in Thailand. The 260 MW Hanuman Wind Farm Project, owned by the Energy Absolute Public Company Limited (EA), a renewable energy company in the SET, recently entered commercial operation. Composed of five […] Read more
Off-Grid Solutions Provider SolarHome Raises $1 Mn Follow-On Equity Updated On Mon, Apr 29th, 2019 by Saurenergy Singapore-based off-grid solutions provider, SolarHome has announced that it has secured an additional $1 million in equity funding as part of its series A round. The startup which is working on providing off-grid solar solutions to households in Myanmar on a Pay-As-You-Go (PAYG) model has secured the funding from its existing investor Trirec. TRIREC an […] Read more
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
Praj Industries & Gevo USA to Collaborate on Production of Renewable Aviation Jet Fuels Updated On Wed, Apr 10th, 2019 by Saurenergy As per the pact, Praj will provide Engineering Procurement and Construction (EPC) services to 3rd parties using a process design package developed by Praj, which uses Gevo’s proprietary Isobutanol biocatalyst on sugary-based feedstock. Pune-based process and project engineering company, Praj Industries has signed a Construction License Agreement (CLA) with Gevo, Inc, USA to commercialise the […] Read more
$1 Bn Green Finance Facility Launched to Boost ASEAN Green Infra Investments Updated On Fri, Apr 5th, 2019 by Saurenergy The new facility will provide loans and necessary technical assistance for sovereign green infrastructure projects such as sustainable transport, clean energy, and resilient water systems. Southeast Asian governments, the Asian Development Bank (ADB), and major development financiers have launched the “ASEAN Catalytic Green Finance Facility”, a new initiative to spur more than $1 billion in […] Read more
