California Doubles its Clean Energy Targets for 2030 Updated On Fri, Mar 27th, 2020 by Saurenergy With an aim to reduce carbon footprints and increase the share of renewable energy in the total energy mix, the California Public Utilities Commission (CPUC) on Thursday has adopted a new target for the electric sector that would more than double the state’s clean energy capacity installation by 2030. However, one of the green group […] Read more
Flexible Grids key to Meeting Energy Transition Goals in 2020s: WoodMac Updated On Fri, Mar 20th, 2020 by Saurenergy In the 2020s, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility & power markets Over the next decade, traditional fuel-based generation will shrink as a proportion of the power mix. This will increase the flexibility needs of utility and power markets, according to […] Read more
Indonesia Racing Towards 23% Renewable Energy: IEEFA Updated On Tue, Mar 3rd, 2020 by Saurenergy The electricity system in Indonesia might soon see a glimmer of hope after going more than 3 years without significant growth in renewable energy investment The electricity system in Indonesia might soon see a glimmer of hope after going more than three years without significant growth in renewable energy investment, a new IEEFA report finds. […] Read more
Longroad Energy Acquires Four California Solar Projects From First Solar Updated On Tue, Mar 3rd, 2020 by Saurenergy First Solar has announced that Longroad Energy is the acquirer of its four solar projects with a combined capacity of 160-MW in California. US-based First Solar has announced that Longroad Energy is the acquirer of its four solar projects with a combined capacity of 160-megawatts (MW) in California. Longroad Energy is a US-based renewable energy developer, […] Read more
Wind Energy now the top Source of Renewable Electricity in America Updated On Mon, Mar 2nd, 2020 by Saurenergy For the first time in history, wind turbines created more electricity than the longtime renewable champ, hydroelectric dams in the USA In 2019, the United States generated about 4.1 trillion kilowatt-hours (kWh) of electricity. According to new figures from the US Energy Information Administration, 63 percent is still generated by fossil fuels, while 20 percent […] Read more
The Role of AI and ML in Solar Energy Updated On Sat, Feb 29th, 2020 by Saurenergy Climate change is one of the biggest threats that humanity is currently facing. With these challenges which lie before the government and various energy solution providers, it has become imperative for them to provide a sustainable mode of renewable energy. This has also made renewable energy to be an alternative source of energy compared to […] Read more
IFC to Assess Potential of Private Investments in Energy Storage Solutions in Burkina Faso Updated On Mon, Feb 24th, 2020 by Saurenergy IFC will assess how private investment in energy storage can contribute to higher solar power production while enhancing grid stability in Burkina Faso The International Finance Corporation (IFC), a member of the World Bank Group, has announced that it has signed an agreement with Burkina Faso’s Ministry of Energy to assess how private investment in […] Read more
NextEra Energy Sells $2.5 Bn in Equity Units to JP Morgan, Wells Fargo and BofA Updated On Fri, Feb 21st, 2020 by Saurenergy NextEra Energy has announced that it has agreed to sell USD 2.5 billion of equity units to JP Morgan, Wells Fargo Securities, and BofA Securities. NextEra Energy, Inc has announced that it has agreed to sell USD 2.5 billion of equity units to J.P. Morgan, Wells Fargo Securities, and BofA Securities. The transaction is expected to close on February 21, […] Read more
BHEL Bags TERI’s Battery Energy Storage Tender for Rs 2.51 Crore Updated On Thu, Feb 20th, 2020 by Saurenergy BHEL has emerged as the best supplier in a tender recently floated by TERI for the installation and maintenance of battery energy storage systems (BESS). Bharat Heavy Electricals Limited (BHEL) has emerged as the best supplier of battery and associated equipment in a tender recently floated by The Energy and Resources Institute (TERI) for installation […] Read more
