Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER Updated On Thu, May 2nd, 2024 by Saurenergy A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […] Read more
African Nation Namibia to Tender 50-130MW CSP Project Next Year Updated On Thu, Dec 23rd, 2021 by Saurenergy Namibia Power Corporation Ltd (NamPower), the national electric power utility company of the African country Namibia, is planning to issue a tender for a 50MW-130MW concentrated solar power (CSP) with storage project in 2022. The project is expected to require investment of US$600mn-US$1bn, with a target commissioning date set for 2025. The plans were revealed by […] Read more
European Solar & Storage Set to Grow over 400% by 2025: Study Updated On Mon, Nov 29th, 2021 by Saurenergy The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […] Read more
Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020 Updated On Fri, Jan 15th, 2021 by Saurenergy Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […] Read more
New Power Generation Capacity Could Be All Renewables only after 2023-24: TERI Updated On Tue, Feb 14th, 2017 by Saurenergy “The cost of renewable electricity and its storage is on a steady decline and could stabilise at around Rs 5 per KWh. This would enable India to move decisively towards renewables for future generation. What this ,means is that India has a ten-year window where no new investments are likely to be done in coal, […] Read more
July 4: Green Stocks Count On News Flow, Trade Deal Updated On Fri, Jul 4th, 2025 by Saurenergy Like much of the rest of the market, green energy stocks moved based on hard news flows, even as the broader market holds its breath for an update on the US-India trade deal. As we have said earlier, while a blockbuster deal will hardly pass muster due to impending elections and other issues, a small […] Read more
Only 15 EV Brands in China to Survive by 2030: AlixPartners Updated On Fri, Jul 4th, 2025 by Saurenergy Only 15 out of the 129 electric vehicle (EV) and plug-in hybrid brands currently operating in China are expected to remain financially viable by 2030, according to a new report by global consulting firm AlixPartners. This consolidation, driven by fierce competition, overcapacity, and price wars, will see these surviving brands capture approximately 75 percent of […] Read more
Brazil’s Renewable Curtailment to Average 8%; Needs BESS Fix: Finds Study Updated On Fri, Jul 4th, 2025 by Saurenergy Brazil’s power sector is poised to add 76 GW of new solar and onshore wind capacity through 2035, driven by transmission and distribution tariff discounts, says Wood Mackenzie’s latest analysis. Whereas, the distributed solar installations are projected to grow at a 5.5% compound annual growth rate (CAGR), according to Wood Mackenzie analysis. Despite this substantial […] Read more
ReNew Has A Non-Binding Buyback Offer From CMD Sumant Sinha & Others Updated On Fri, Jul 4th, 2025 by Saurenergy NASDAQ listed ReNew Global Energy plc has confirmed the receipt of a final non-binding offer dated July 2, 2025, from Abu Dhabi Future Energy Company PJSC-Masdar (“Masdar”), Canada Pension Plan Investment Board (“CPP Investments”), Platinum Hawk C 2019 RSC Limited as trustee for the Platinum Cactus A 2019 Trust (“Platinum Hawk”) (a wholly owned subsidiary […] Read more