Hydrostor to Develop 1 GW Energy Storage Facility in California Updated On Mon, May 3rd, 2021 by Saurenergy Hydrostor has announced the development of a 1 GW of long duration energy storage project in the state of California. Hydrostor, a long-duration energy storage solution provider, announced the development of 1,000 MW (1 GW) of long duration energy storage project in the state of California. The California Public Utilities Commission has identified a need […] Read more
Engie to Develop 2 GW Renewable Energy in Chile by 2025 Updated On Fri, Apr 30th, 2021 by Saurenergy French multinational electric utility company Engie recently presented a comprehensive plan at the Presidential Palace of Chile for its operations in the country, including the development of 2 GW of renewable energy capacity and the end of its 1.5 GW of coal-fired power generation activities by 2025, both of which are part of the firm’s ambition […] Read more
Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA Updated On Thu, Apr 29th, 2021 by Saurenergy Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […] Read more
Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC Updated On Wed, Apr 28th, 2021 by Saurenergy In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […] Read more
EPO-IEA report: Accelerate Clean Energy Innovation for Carbon Neutrality Updated On Wed, Apr 28th, 2021 by Saurenergy While the world’s carbon emissions continue to rise, technological innovation in the clean energy sector is failing to counter them with a good momentum, as per a joint report released by the European Patent Office (EPO) and the International Energy Agency (IEA) yesterday. The report entitled ‘Patents and the Energy Transition: Global Trends in Clean Energy […] Read more
Clean Hydrogen Production Costs to be Brought Well Below USD 2/kg by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy In its parallel report, the ETC states that the production costs for clean hydrogen can be brought well below USD 2/kg by 2030. In its parallel report Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy, the ETC sets out the complementary role for clean hydrogen and how a combination of private-sector […] Read more
New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040 Updated On Mon, Apr 26th, 2021 by Saurenergy Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […] Read more
Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA Updated On Mon, Apr 26th, 2021 by Saurenergy The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […] Read more
Upgrading a Grid Connected PV System To An Energy Storage System Updated On Thu, Apr 22nd, 2021 by Saurenergy Even today, there is a widespread impression among many prospects that a solar system could mean grid independence. Unfortunately, by the time they actually understand the way most solar setups work, especially if you want the benefit of subsidies, they realise that the only way is a grid connected solar plant. However, that is changing. […] Read more
