U.S. energy storage market sets Q4 record for new installations: WoodMac Updated On Fri, Mar 25th, 2022 by Saurenergy The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […] Read more
Government Targets 4,000 MW Rooftop Solar Capacity Addition In Residential Sector Updated On Thu, Mar 24th, 2022 by Saurenergy Union Minister for Power and New and Renewable Energy RK Singh has informed the Parliament that MNRE is targeting 4,000 MW rooftop solar (RTS) capacity addition in residential sector through Central Financial Assistance (CFA) under the Rooftop Solar Programme (Phase-II). The Union Minister said in a written response to a question asked in the Rajya […] Read more
Austria will Release €250 million for Wind and Solar Projects Updated On Thu, Mar 24th, 2022 by Saurenergy Rising energy costs due to the Russia-Ukraine conflict have pushed up overall inflation in Austria and this has caused the Austrian government to come up with a plan to expand the renewable energy sector in the country. The government has revealed that it will provide financial assistance of €250 million for the development of solar […] Read more
Solar recharging of EVs far more efficient use of land than ethanol crops for blended fuel in India: IEEFA Updated On Thu, Mar 24th, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) shows that generating solar energy to recharge electric vehicle (EV) batteries would be a far more efficient use of land than growing crops for ethanol. India’s 2025 target for 20% ethanol blending in petrol requires large increases in ethanol from sugar and […] Read more
‘Grandfathering’ Of Solar Projects Bid Out Before March 9, 2021 Back on Agenda Updated On Thu, Mar 24th, 2022 by Saurenergy The thorny issue of protecting projects that were bid out before March 9, 2021 subsequent to which the Power and MNRE Minister R.K. Singh announced plans to impose high customs duties on Solar module and cell imports, moved a step closer to a resolution it seems. Mr Singh has confirmed that the MNRE ministry has […] Read more
In Conversation with Vineet Mittal, Director & Co-founder, Navitas Solar Updated On Wed, Mar 23rd, 2022 by Saurenergy Navitas Solar has been a well respected player in the solar sector with 200 MW of installed manufacturing capacity in the country. It produces state-of-the-art mono/multi crystalline solar photovoltaic (PV) modules for supply to both on-grid and off-grid residential, commercial as well as industrial establishments. The Surat-based company also provides a complete lifecycle of solar […] Read more
Nexamp activates two solar+storage projects in Massachusetts Updated On Wed, Mar 23rd, 2022 by Saurenergy US distributed solar power generation company Nexamp has completed two energy storage projects, marking another milestone toward the buildout of a cleaner and more resilient regional power grid, an official statement said. Co-located with existing Nexamp community solar farms in Massachusetts, the battery storage projects are expected to provide critical frequency regulation services for the […] Read more
Home owners dominate energy storage market in Germany: Study Updated On Wed, Mar 23rd, 2022 by Saurenergy The battery storage market in Germany is dominated by the residential or ‘household’ segment and its far greater than the commercial-industrial or large scale segments. This is the finding of a recent report named ‘The development of battery storage systems in Germany – A market review (status 2022).’ The report is led by the Institute […] Read more
Chariot, Total Eren to Develop 430 MW Wind-Solar Farm for Zambia Mines Updated On Tue, Mar 22nd, 2022 by Saurenergy Chariot Ltd and Total Eren have signed a deal with Canada-based miner First Quantum Minerals Ltd that will facilitate the construction of a 430 MW renewable power complex to help First Quantums’ mining operations in Zambia. Chariot is an Africa-focused energy firm and Total Eren is a French power producer. The specific details of the […] Read more
