US Energy firm GIP Buying Asia’s largest Renewable Energy Producer Updated On Mon, Oct 30th, 2017 by Saurenergy Equis energy biggest renewable energy platform in Asia has cut deal with GIP for $3.7 billion. United States based firm GIP- Global Infrastructure partner is set to buy Asia’s largest renewable energy producer Equis for $3.7 billion. Singapore based Equis is Asia’s producer in renewable field with Five solar and wind assets in Philippines. Considerate the […] Read more
Green energy Should Power India: Modi Updated On Mon, Oct 30th, 2017 by Saurenergy PM Modi addresses several thousands of people at the grounds, who gathered for a mass recital of Soundarya Lahari, with the set of Shlokas of Indian philosopher Adi Shankaracharya. Bangalore, Green energy like solar power would power India as 175 GW of electricity is expected to be generated from renewable sources, Prime Minister Narendra Modi said. Modi said over Rs 11,000 […] Read more
Encourage Members to Increase Renewables in Energy Mix: R K Singh to IEA Updated On Thu, Oct 26th, 2017 by Saurenergy The four main areas of focus of IEA will be energy security, economic development, environmental awareness and engagement worldwide. The International Energy Agency (IEA) should encourage its member countries to increase share of renewables in their energy baskets, Power Minister R K Singh told the press. “IEA should encourage all its member countries to increase […] Read more
Coupling Energy Storage and Renewables Updated On Sat, Oct 21st, 2017 by Saurenergy Intelligent energy storage integrates Internet of Things (IoT) technology with energy storage technology to increase its effectiveness and efficiency. One of the benefits it offers is increasing the feasibility and utility of integrating renewable energy with energy storage. This leads to numerous energy saving benefits that can be especially attractive to businesses as they pursue […] Read more
Installed Energy Storage for Microgrids Expected to Reach Over $22 Billion by 2026 Updated On Wed, Oct 18th, 2017 by Saurenergy In 2026 there will be a cumulative installation of 14,850.7 MW of new ESMG capacity with revenue of approximately $22.3 billion in revenue. The installed capacity of energy storage for microgrids is expected to increase dramatically over the next decade, with nearly 15GW of new cumulative capacity and revenue worth $22.3 billion, according to a […] Read more
Energy Storage Can Reduce Variable Energy Generation Up to a 55%: Report Updated On Fri, Oct 13th, 2017 by Saurenergy National Renewable Energy Laboratory (NREL), a global research organizaiton recently released a report titled ‘Timescales of Energy Storage Needed for Reducing Renewable Energy Curtailment.’ This report talks the importance of integrating large quantities of variable generation (VG) energy, such as wind and solar energy, into regional power grids while minimizing curtailments. Achieving this integration demands […] Read more
Adani Enterprises to Demerge Renewable Energy Business to Simplify Structure Updated On Mon, Oct 9th, 2017 by Saurenergy The renewable power undertaking includes businesses of development of renewable power projects, generation of renewable power and trading and supply of solar and wind energy equipment. Adani Enterprises has announced plans to demerge its renewable energy business into associate company Adani Green Energy Ltd as part of simplifying overall business structure. Post demerger scheme, which […] Read more
India gets Lowest Wind Tariff of Rs. 2.64 per kWh in second Wind Auction of 1000 MW Updated On Thu, Oct 5th, 2017 by Saurenergy The wind tariff in India touched lowest level of Rs.2.64 per kWh in the second wind auction conducted by the Solar Energy Corporation of India (SECI) on behalf of Ministry of New & Renewable Energy, Government of India yesterday. The tariff discovered is much lower than first wind auction concluded at Rs. 3.46 per kWh […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more