German Dev Bank to Partly Fund Surat Metro; Depots to be Solar-powered Updated On Mon, Dec 20th, 2021 by Saurenergy The Government of India and the German Development Bank – KFW (Kreditanstalt für Wiederaufbau) – have signed a Euro 442.26 million loan for the Surat Metro Rail project, according to a recent official statement released by the Ministry of Finance. The project aims to harness solar energy at both depots of the Surat Metro in […] Read more
Top 3 Things You Need to Know About PV Plant Safety Updated On Mon, Dec 20th, 2021 by Saurenergy Introduction Solar energy has become one of the most popular forms of renewable Energy and the numbers of PV systems in use have rapidly grown in recent years. Like any energy generating option, Safety is always a key focus of attention. A solar system is normally composed of PV array, inverter, combiner box and […] Read more
Ares Secures $2.2 B for Climate Infrastructure Capital Updated On Fri, Dec 17th, 2021 by Saurenergy Los Angeles-based private equity firm Ares Management Corp said on Thursday it has raised $2.2 billion to invest in infrastructure businesses operating in the renewable energy, energy efficiency, and energy storage sectors. Ares said it raised $1.4 billion for its inaugural Ares Climate Infrastructure Partners Fund, and an additional $800 million in managed accounts that […] Read more
Danish JV for Green Conversion of Coal-fired Plants Updated On Fri, Dec 17th, 2021 by Saurenergy Cleantech developer Aalborg CSP will supply its header-coil heat exchanger for steam generation and molten salt circulation system for the Kyoto Group project for a thermal energy storage to be established at Aalborg Forsyning’s green test center at the Danish city of Aalborg. Electricity from, say, wind turbines, will be stored in a modular storage […] Read more
As Solar Grows, Solar Data Demand Scales New Highs Updated On Fri, Dec 17th, 2021 by Saurenergy Adoption of high-quality solar resource data for prospecting, evaluation, monitoring and forecasting has increased substantially in 2021 as the global solar PV market has developed. However, there is still a significant amount of untapped value in this data as the industry enters the next phase of its growth in 2022. This is evidenced by demand […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
IEEFA report: “States should have primary responsibility for agrivoltaics” Updated On Mon, Dec 13th, 2021 by Saurenergy Agriculture, a key mainstay of the Indian economy has a vital role to play in the creation of renewable energy capacity, especially if ways could be found to combine it with solar generation. This is where agrivoltaics assume such vital importance. A study focused on ‘Agrivoltaics in India: Fertile Ground?’ by Institute for Energy Economics […] Read more
Iberdrola, H2 Green Steel Join Global Push for Green H2 Electrolyser Mfg Updated On Fri, Dec 10th, 2021 by Saurenergy Iberdrola and H2 Green Steel have signed an agreement to build and operate a green hydrogen plant with an installed capacity of 1 GW and an estimated investment of 2.3 billion euros, financed through a combination of public funds, green project financing instruments and own funds. The new plant will power with clean fuel a direct […] Read more
Green Products to be Cheaper After EU Changes VAT Rules Updated On Thu, Dec 9th, 2021 by Saurenergy European Union finance ministers agreed on Tuesday to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change, health protection and making the EU more ready for the digital age. At the same time they agreed to phase out by 2030 some of […] Read more