EVs Grab a Bigger Chunk in Shrinking Passenger Cars Market: IEA Updated On Tue, Jun 16th, 2020 by Saurenergy While in 2019, the global sales of passenger vehicles tanked, EVs had another banner year recording a 40 percent YoY growth in sales. The global electric vehicle (EV) fleet expanded significantly over the last decade, underpinned by supportive policies and technology advances. And while in 2019, the global sales of passenger vehicles tanked, electric vehicles […] Read more
Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF Updated On Thu, Apr 30th, 2020 by Saurenergy According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […] Read more
WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
L&T Bags Orders worth Rs 5,000 – Rs 7,000 Cr for Power Transmission, Solar Biz Updated On Sat, Apr 11th, 2020 by Saurenergy Multinational conglomerate Larsen & Tourbo’s Construction arm, L&T Construction, said that it has won major contracts worth Rs 5,000 to Rs 7,000 crore for its businesses including power transmission & distribution (PT&D) and solar in India as well as overseas. The company has got a prestigious order in Kuwait to upgrade substations and related power […] Read more
Nordex Bags Order for 400 MW Wind Turbines in Norway Updated On Thu, Mar 26th, 2020 by Saurenergy The Nordex Group has received a large order for 400 MW from Norway using wind turbines in the 5 MW+ class at the Øyfjellet wind farm The Nordex Group has received a large order for 400 MW from Norway using wind turbines in the 5 MW+ class. The firm will supply and install 72 N149/5.X […] Read more
Masdar Acquires Stake in Hero Future Energies Updated On Wed, Nov 13th, 2019 by Saurenergy Entering the Indian renewable energy market, Masdar has acquired a robust minority stake in Hero Future Energies Masdar has developed renewable energy projects in more than 25 countries, including major utility-scale projects and those that improve energy access in rural communities and least developed countries. And now, entering the Indian renewable energy market, the firm has […] Read more
Sungrow now the Largest Supplier of String/Central Inverters in Americas Updated On Mon, Nov 11th, 2019 by Saurenergy Sungrow is now the largest supplier to offer both string and central inverters to the Americas after witnessing rapid growth in the first half the year Sungrow, the global leading inverter solution supplier for renewables, is now the largest supplier to offer both string and central inverters to the Americas after witnessing rapid growth according to data for the […] Read more
Wind Turbine Market to Grow at 2.9% CAGR to 2023 Updated On Wed, Sep 25th, 2019 by Saurenergy A new report says the wind turbine towers market is expected to grow at a CAGR of 2.9 percent between 2019 and 2023 A new report has predicted has revealed that the wind turbine towers market is expected to grow at a compound annual growth rate (CAGR) of 2.9 percent between 2019 and 2023, thanks […] Read more
Floating Solar to Grow by 22% YoY, Reach 2.4 GW in 2019 Updated On Mon, Sep 23rd, 2019 by Saurenergy According to new research, there will be at least 2.4 gigawatts (GW) of floating solar installed globally by the end of 2019. Although floating solar systems typically involve higher costs than traditional ground mount arrays, project sizes are increasing, which will bring costs down. According to the latest research, the global average project size of […] Read more
