New South Wales Pilot REZ Gets Proposals Worth 27 GW Updated On Tue, Jun 23rd, 2020 by Saurenergy The government of New South Wales has received proposals for 27 GW of wind, solar and battery storage projects for its pilot 3 GW REZ in the state. The government of New South Wales has revealed that the plan to create a 3-GW renewable energy zone (REZ) in the state has been met with phenomenal […] Read more
IFC Invests $10 Mn in Globaltronics to Improve Energy Efficiency in Egypt Updated On Tue, Jun 23rd, 2020 by Saurenergy IFC is investing in a local Egyptian company to help it expand the installation of digital prepaid and smart electricity meters in homes across Egypt. IFC, a member of the World Bank Group, is investing up to USD 10 million in a local Egyptian company to help it expand the installation of digital prepaid and […] Read more
Solar O&M Market To Be $9.4 Billion By 2025 Updated On Mon, Jun 22nd, 2020 by Saurenergy Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – […] Read more
Smart Meters Help TPDDL to Raise 3.5 Lakh Bills with Actual Readings amid Lockdown Updated On Mon, Jun 22nd, 2020 by Saurenergy With the help of smart meters installed at the customers’ premises, Tata Power Delhi Distribution Ltd (Tata Power-DDL or TPDDL), the distribution arm of Tata Power and Delhi Government, has managed to raise 3.5 lakh bills with actual readings instead of provisional ones amidst lockdown period between April and May 2020. Through the installation of […] Read more
Funding For Renewable Energy Software Development- Clir Raises C $1.7M Updated On Mon, Jun 22nd, 2020 by Saurenergy Vancouver, Canada based Clir Renewables has announced a Canadian $ 1.7 million debt funding from In yet Silicon Valley bank. The funding dives home just how critical software is becoming to managing and assessing renewable energy performance, as tools like AI, 5G and more make an entry in ever larger ways. Clir invests in expanding […] Read more
Azelio, CITRUS Ink MoU for Energy Storage Supply to C&I Customers in Mexico, America Updated On Mon, Jun 22nd, 2020 by Saurenergy Swedish company Azelio has entered into a Memorandum of Understanding (MoU) with Mexican, CITRUS JMK S.A DE C.V (CITRUS) to assess energy storage for agricultural, mining, food and beverage, tourism and the oil & gas industry in Mexico, North and Central America. Commenting on the partnership, Jonas Eklind, CEO of Azelio, said that “CITRUS is […] Read more
Renewable Energy Certificate Sales in May Slip Over 55% to 3.33 Lakh Updated On Mon, Jun 22nd, 2020 by Saurenergy The sale of renewable energy certificates (RECs) during the month of May 2020, has dropped significantly by more than 55 per cent to 3.33 lakh units. As per the official data, 7.5 lakh of renewable energy certificates were sold in the same month a year ago. REC is a type of market-based instrument, and after generation of 1 […] Read more
With Focus On Chinese Imports, Familiar Tussle Returns For Solar Sector Updated On Mon, Jun 22nd, 2020 by Saurenergy Imports in the solar sector, where Chinese origin equipment is said to account for anything between 78 percent to 85 percent of equipment used, are back in focus. Reports quoting sources say that the government has sought product-wise details of cheap imports, comparison with domestic prices and tax disadvantage, if any, from industry to curb […] Read more
Highview Power Gets £10 Mn Grant From UK Govt for 50 MW CRYOBattery Updated On Fri, Jun 19th, 2020 by Saurenergy Highview Power has been awarded a GBP 10 million grant from the UK Department for BEIS for a 50 MW cryogenic energy storage (CRYOBattery) facility. Highview Power, a global leader in long-duration energy storage solutions, has announced that it has been awarded a GBP 10 million grant from the UK Department for Business, Energy & […] Read more
