Green Financing A Boon For Clean Transmission Projects: Sharib Razi Updated On Fri, May 31st, 2024 by Saurenergy What are the challenges faced by the grid, when it comes to a higher share of renewable energy? Razi: There are two major challenges with increasing share of renewables in the grid. Firstly, due to the intermittent nature of renewable energy, the peak generation of solar or wind does not coincide with the peak load […] Read more
India’s Peak Power Demand Smashes 2023 Peak, Touches 250 GW Updated On Fri, May 31st, 2024 by Saurenergy The Indian power sector met a record maximum power demand of 250 GW on 30th May’24 whereas, the non-solar demand touched an all-time high of 234.3 GW on 29th May This spike in power demand reflects the combined impact of weather-related loads and growing industrial and residential power consumption in these areas. On 30th May, […] Read more
Climate Risk for Renewable Energy Projects & Parametric Insurance Updated On Fri, May 31st, 2024 by Saurenergy Amidst the global conversation on climate change, the renewable energy sector finds itself at a critical juncture. As we grapple with shifting weather patterns and rising temperatures, the sector faces significant challenges in maintaining its infrastructure and ensuring operational efficiency. Research suggests a 12% reduction in wind turbine capacity by the century’s end, and a […] Read more
Expediting Clean Energy Transition Improves Living Standards: IEA Updated On Thu, May 30th, 2024 by Saurenergy Transitions to clean energy are affecting the cost of living the world over. According to a new report by the International Energy Agency (IEA), speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly The IEA report, Strategies for Affordable and […] Read more
Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA Updated On Wed, May 29th, 2024 by Saurenergy The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […] Read more
Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad Updated On Tue, May 28th, 2024 by Saurenergy Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […] Read more
Hitachi Energy To Build HVDC Link To Connect Tasmania To Mainland Grid In Australia Updated On Tue, May 28th, 2024 by Saurenergy Marinus Link Pty Ltd (MLPL) has selected Hitachi Energy to supply a high-voltage direct current (HVDC) project, which will augment the connection between mainland Australia and Tasmania’s grid. The approximately 345-kilometer cable route HVDC system will enable the flow of renewable power in both directions between the Victorian and Tasmanian states. For the first time […] Read more
Hitachi’s Transmission Project Stabilizes RE Supply To Australian Power Grid Updated On Fri, May 24th, 2024 by Saurenergy Switzerland-based Hitachi Energy was recently selected by Marinus Link Pty Ltd (MLPL), jointly owned by the Australian, Tasmanian, and Victorian governments to supply a high-voltage direct current (HVDC) project. This project is expected to augment the connection between mainland Australia and Tasmania’s grid. The transmission project is an approximately 345-kilometer cable route HVDC system and […] Read more
News Brief May 24- Appalachian Power, Amresco UK Battery, Colombian Solar Project Updated On Fri, May 24th, 2024 by Saurenergy Appalachian Power Issues Tenders for 1.1 GW of Renewable Energy Supply In US Appalachian Power (APCo), headquartered in the United States, has announced the release of three Requests for Proposals (RfP) for 1.1 GW projects for securing power and Renewable Energy Certificates (RECs) from wind and solar projects, as well as from battery energy storage […] Read more
