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
Will Enthusiasm for E-Buses Keep up With Announcements in India? Updated On Wed, Jul 31st, 2019 by Saurenergy In the past few months, state and city authorities across India have been announcing plans to induct electric buses. Till last count, the number had reached close to 8500 buses. Is this for real? Kerala, a state not exactly known for its manufacturing prowess, has a stated goal to ‘manufacture’ 3000 electric buses under the […] Read more
Maharashtra Tenders for 137 MW Solar Plants in Three Districts Updated On Tue, Jul 30th, 2019 by Saurenergy MAHAGENCO has issued an NIT for the deployment of 137 MW of solar power plants in three districts of Maharashtra The Maharashtra State Power Generation Company (MAHAGENCO) has issued a Notice Inviting Tenders (NIT), inviting bids from eligible parties for the deployment of 137 MW of solar power projects in three districts of the state. […] Read more
India Leads Asia Pacific With Lowest Renewable Cost: Report Updated On Mon, Jul 29th, 2019 by Saurenergy India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. According to data furnished in a new report, India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. The report “Battle for the future: Asia Pacific renewable power competitiveness […] Read more
China’s CATL Joins Next Energy for Battery Storage Business in Japan Updated On Sat, Jul 27th, 2019 by Saurenergy CATL will provide the components for storage batteries and its Japanese partner Next Energy & Resources will be in charge of assembly. China’s CATL, the world’s largest maker of electric car batteries has partnered with Next Energy and will start selling products for homes and businesses in Japan in 2020 with an eye toward tapping […] Read more
Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
No Slowdown in Solar Power Generation Post Safeguard Duty: RK Singh Updated On Thu, Jul 25th, 2019 by Saurenergy India generated over 81 thousand million units (MU) of solar power in the last three financial years, minister RK Singh informed the Rajya Sabha. India generated over 81 thousand million units (MU) of solar power in the last three financial years (2016-17 to 2018-19), Minister of State for Power and New and Renewable Energy, RK […] Read more
ADB, Partners to Increase Access to Clean Energy in Tonga Updated On Wed, Jul 24th, 2019 by Saurenergy ADB, Government of Tonga and other development partners have announced the beginning of construction on the country’s first off-grid solar power plant The Asian Development Bank (ADB) joined the Government of Tonga and other development partners to announce the beginning of construction on the country’s first off-grid solar power plant and distribution network for Tonga’s most […] Read more