Growth in Renewable Energy Investment Slowing Due to Grid Limitations: IEEFA Updated On Fri, Jan 25th, 2019 by Saurenergy An investment of US$ 60-80 billion will be needed in the next five years to keep pace with growing generation capacity. A brief report by the Institute for Energy Economics and Financial Analysis, authored by Tim Buckley and Kashish Shah has revealed that India’s grid transmission infrastructure needs urgent modernisation to not limit the growth […] Read more
Sembcorp and Singapore Polytechnic to Collaborate on Solar Panel Recycling Updated On Thu, Jan 24th, 2019 by Saurenergy Working together to address the global challenge of photovoltaic waste and commercialise Singapore’s first-ever technology for the recycling of used solar panels. Around the world, solar energy is growing as a source of clean, renewable energy. However, this presents a pressing challenge to the industry: What will become of used solar panels at the end […] Read more
New Aspirations with New Year! Updated On Thu, Jan 24th, 2019 by Saurenergy The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […] Read more
Google Signs First Solar Purchase Deal in Asia Updated On Wed, Jan 23rd, 2019 by Saurenergy The world’s largest corporate purchaser of renewable energy has signed a long-term agreement to purchase the output of a 10 MW solar array (part of a larger solar farm) in Tainan City, Taiwan. Google has announced that after signing on to more than 30 solar and wind projects across the Americas and Europe, it has […] Read more
Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables Updated On Tue, Jan 22nd, 2019 by Saurenergy Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […] Read more
Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] Read more
CSE’s ‘State of the Renewable Energy Sector in India’ report highlights key risks to sector Updated On Tue, Jan 22nd, 2019 by Saurenergy India would fall short of the government’s target of achieving 175 GW of solar capacity by 2022, if the sector continues to be plagued by policy inconsistency, discom problems and other issues, says the CSE analysis. India would fall short of the government’s target of achieving 175 GW of solar capacity by 2022, said Centre for […] Read more
U.S. Energy Storage Market size to exceed $4 Bn by 2024 Updated On Mon, Jan 21st, 2019 by Saurenergy The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […] Read more
Gujarat Sets Sight for 30 GW Renewables in Next 10 Years Updated On Mon, Jan 14th, 2019 by Saurenergy The Gujarat government is planning a Rs 2,20,000 crore investment in the renewable energy sector to produce 30 GW of renewable energy during the next 10 years. By 2022, the state government aims to increase the generation of renewable energy to 53% of the total power production in the state, from a current 28% said […] Read more