Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
Wärtsilä Selected by RWE for 80 MWh Energy Storage Project Updated On Wed, Apr 7th, 2021 by Saurenergy Wärtsilä has bagged the award of a 40 MW / 80 MWh DC-coupled solar plus storage system in Georgia, USA from RWE Renewables. The technology group Wärtsilä has bagged the award of a contract to supply an engineered equipment delivery (EEQ) of a 40 MW / 80 MWh DC-coupled solar plus storage system to the […] Read more
Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report Updated On Thu, Apr 1st, 2021 by Saurenergy The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […] Read more
Apple Commits to More Clean Energy, With Energy Storage Marking a new Frontier Updated On Thu, Apr 1st, 2021 by Saurenergy Apple has announced that it is investing in a major energy storage project in California to pilot new solutions for renewable infrastructure. Apple has announced that over 110 of its manufacturing partners around the world are moving to 100 percent renewable energy for their Apple production, with nearly 8 gigawatts (GW) of planned clean energy […] Read more
Problem of Solar Plenty in Australia As Regulator Considers Two Way Pricing Updated On Fri, Mar 26th, 2021 by Saurenergy Australia, where rooftop solar PV has been a huge success, with rooftop solar nudging past the 13 GW mark earlier this year, faces a touch new choice on keeping the momentum up. The Australian Energy Market Commission (AEMC), in a draft paper, has proposed offering two-way pricing to address the issue of network congestion on […] Read more
Solar Firms Almost Unanimous on 10 kW Rule for Net-Metering – It’s a Disaster Updated On Wed, Mar 24th, 2021 by Saurenergy While industry reaction to the new rules from the Ministry of Power that mandates net metering upto a limit of 10 kW only have been well reported, we decided to speak to installers across states to get a broader view. What we see is a very clear divide between a vast number of smaller installers, […] Read more
India’s $122 Billion Energy Stimulus a Mixed bag for its Energy Transition: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy A new report shows the government’s stimulus for the energy sector, despite being the largest, is a ‘mixed bag’ for its energy transition While India has committed more public money than any other economy to date – at least USD 122 billion (~Rs 8.8 lakh crore) – to support the energy sector since the start […] Read more
Five Years After Paris Agreement, Slow Progress On RE Commitments- IRENA Updated On Tue, Mar 16th, 2021 by Saurenergy The International Renewable Energy Agency has released a report including updates on renewable energy and climate change pledges after five years of the Paris Agreement. With the adoption of the Paris Agreement on 12 December 2015, nearly all countries around the world agreed to keep the rise in the average global temperature well below 2 […] Read more
Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko Updated On Mon, Mar 8th, 2021 by Saurenergy ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […] Read more
