Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
India is Committed to Ushering-in the Hydrogen Economy: D. Pradhan Updated On Fri, Apr 16th, 2021 by Saurenergy Union Petroleum and Natural Gas & Steel Minister Dharmendra Pradhan has said that India is looking towards various colours to kick-start the hydrogen ecosystem development. Addressing the Hydrogen Round Table on “Hydrogen Economy: New Delhi Dialogue – 2021”, he said that in India, we have taken various initiatives with respect to the greater use of hydrogen in India’s energy mix. The Government of India had […] Read more
Bangladesh Needs a Renewables Focus, Not a Switch From ‘Coal to Gas’: IEEFA Updated On Fri, Apr 16th, 2021 by Saurenergy Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. […] Read more
7-Country European Alliance To End Export Financing For Fossil Fuels Updated On Thu, Apr 15th, 2021 by Saurenergy During a virtual meeting yesterday, seven European countries came together to formally launch the Export Finance for Future (E3F) coalition, a new alliance aimed at ending public export guarantees for fossil fuel projects, as part of efforts to reduce carbon emissions and fight climate change. Other than France, the host country, the conference was attended […] Read more
First North Central Wind Project Begins Commercial Operation Updated On Thu, Apr 15th, 2021 by Saurenergy American Electric Power’s 199-megawatt (MW) Sundance Wind Energy Center in north central Oklahoma has begun commercial operation. Located in Woods County, Sundance is one of three wind projects that compose the North Central Energy Facilities, which will provide 1,485 MW of clean energy to customers of AEP’s Public Service Company of Oklahoma (PSO) and Southwestern Electric Power Company (SWEPCO) subsidiaries. Invenergy is […] Read more
Batteries Better Than Gas at Meeting Australia’s Future Peaking Needs Updated On Thu, Apr 15th, 2021 by Saurenergy In September last year, the Scott Morrison-led Australian government had announced that it was setting a target for the electricity sector to reach final investment decisions by the end of April 2021, towards delivering 1000 MW of new dispatchable energy by summer 2023-24, so that the coal-fired Liddell power station could be closed down in […] Read more
Sterlite Power & Vinci Energia tie-up for Purchase of Vineyards Project Updated On Thu, Apr 15th, 2021 by Saurenergy Sterlite Power, a leading developer of power transmission infrastructure in India and Brazil, and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, have announced the formalisation of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project that is in the final phase of implementation in Brazil. […] Read more
India is not Responsible for Climate Change That is Happening: Javadekar Updated On Thu, Apr 15th, 2021 by Saurenergy Prakash Javadekar has said that India will raise its climate ambitions, but it is not responsible for climate change that is happening. Union Minister of Environment, Forest and Climate Change Prakash Javadekar while addressing the press after a meeting with French Foreign Minister Jean-Yves Le Drian at the French Embassy has said that India will raise its climate ambitions but […] Read more
At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market Updated On Thu, Apr 15th, 2021 by Saurenergy According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […] Read more
