Lithium-ion Battery Market to Reach $129.3 Bn Globally by 2027: Report Updated On Thu, May 7th, 2020 by Saurenergy According to a new report, the global lithium-ion battery market is expected to hit USD 129.3 billion by 2027, registering a CAGR of 18.0% from 2020 to 2027. According to a new report, the global lithium-ion battery industry has been estimated at USD 36.7 billion in 2019 and is expected to hit USD 129.3 billion […] Read more
Neoen Secures 352 MWp Landmark PPA With CleanCo Updated On Thu, May 7th, 2020 by Saurenergy Neoen has signed a 352 MWp PPA with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements to date. Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has signed a 352 MWp power purchase agreement (PPA) with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements […] Read more
India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort Updated On Wed, May 6th, 2020 by Saurenergy Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […] Read more
PV Is Entering The AI Era- Huawei Leaders Updated On Wed, May 6th, 2020 by Saurenergy A special contribution from Tony Xu, President of Huawei Ascend Computing Business and Chen Guoguang, President of Huawei Smart PV Business, on the next big thing for PV’s. Artificial Intelligence, (AI) 1 AI Enables All Industries We are entering a fully connected, intelligent world. Over the last few years, AI has become a high-frequency word, […] Read more
Moody’s Lowers Forecast for Global Green Bonds Issuance due to COVID-19 Updated On Wed, May 6th, 2020 by Saurenergy Moody’s has lowered its forecast for global sustainable (green) bonds issuance this year after economic fallout from the coronavirus outbreak Bond credit rating agency Moody’s has stated that it has lowered its forecast for global sustainable bond issuance this year after economic fallout from the coronavirus outbreak reduced green bonds volumes in the first quarter, […] Read more
Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales Updated On Wed, May 6th, 2020 by Saurenergy Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […] Read more
Government First. Record Drop in Global Fuel Prices leads to Record Tax Hikes in India Updated On Wed, May 6th, 2020 by Saurenergy Sticking to a well worn script by now, of not allowing retail fuel prices to go below a loosely defined floor, the government of India yesterday hiked excise duty on the motor fuels by a record Rs 10 per litre on petrol and Rs 13 per litre on diesel. This is expected to help mop […] Read more
In Renewables Shadow, who Will Still Fund Coal in India? : Report Updated On Wed, May 6th, 2020 by Saurenergy Why would any debt/ equity capital providers fund a high emission & polluting new coal power plant at double the cost of deflationary, domestic renewables? The COVID-19 pandemic and the subsequent nationwide lockdown to curb its spread has highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being superseded by international […] Read more
Renewables Topped Coal in US Generation Every day in April: IEEFA Updated On Tue, May 5th, 2020 by Saurenergy New data from the US EIA shows that for the very first time in its history, renewables generated more electricity than coal every day in the month of April. New data from the US Energy Information Administration (EIA) shows that for the very first time in its history, renewables generated more electricity than coal every […] Read more
