EPRI, NREL, and the University of Washington to Advance Electric Grid Decarbonization Updated On Wed, Sep 8th, 2021 by Saurenergy On September 7, the Electric Power Research Institute (EPRI), the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), and the University of Washington announced the creation of the industry-wide Universal Interoperability for Grid-Forming Inverters (UNIFI) Consortium to advance research on grid-forming inverters supporting variable renewable energy growth across the power system. Funded through a $25 […] Read more
Judicious Land Use Needed for Net-zero India: IEEFA Updated On Tue, Sep 7th, 2021 by Saurenergy Judicious planning of land use for solar and wind generation will help India to achieve its renewable energy ambitions, according to the Institute for Energy Economics and Financial Analysis’ (IEEFA) new report which examines how much land would be needed for the country to reach net-zero emissions by 2050. IEEFA has calculated that if India […] Read more
TotalEnergies Commits To 1 GW of Solar Capacity For Iraq Updated On Tue, Sep 7th, 2021 by Saurenergy TotalEnergies, the Iraqi Ministries for oil and electricity, and the country’s National Investment Commission have signed, in the presence of the Prime Minister of Iraq, agreements covering several projects in the Basra region in Iraq, designed to enhance the development of Iraq’s natural resources to improve the country’s electricity supply. Iraq, a country rich in […] Read more
New Aussie Law Aims to Remove Hurdles in Offshore Wind Expansion Updated On Fri, Sep 3rd, 2021 by Saurenergy The Scott Morrison-led conservative government in Australia has introduced a legislation that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential. The long awaited legislation will set up a framework for building, running, maintaining and decommissioning offshore electricity projects including wind […] Read more
Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL Updated On Fri, Sep 3rd, 2021 by Saurenergy The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […] Read more
US Firm Kevala Raises $21 M in Series A Funding Round Updated On Wed, Sep 1st, 2021 by Saurenergy US energy data provider Kevala Inc. has raised $21 million in Series A funding round led by C5 Impact Partners LP (C5 Capital’s fund focused on data-driven technologies transforming critical infrastructure) and Thin Line Capital. Additional investors in the Series A round include senior energy sector executives Tom Werner, current Chairman and former CEO of […] Read more
Australia, Where Rooftop Solar Could Meet 77% Of Power Demand By 2026 Updated On Wed, Sep 1st, 2021 by Saurenergy In recent time, Australia — one of the sunniest places on the planet — has emerged as a world leader in the rooftop solar market. As of now, households have installed 14 GW of solar panels. By 2025, this figure is set to increase by 8.9 GW. The reasons for this expansion include the subsidies offered, […] Read more
Australia’s Emissions Dropped 5% in 2020 Amid Pandemic Restrictions Updated On Tue, Aug 31st, 2021 by Saurenergy Australia’s greenhouse gas emissions fell 5.3% during the first year of the coronavirus pandemic, according to government data. Emissions for the year to March 2021 are estimated to be 494.2 Mt carbon dioxide equivalent (CO2-e). This is 5.3% (27.8 Mt CO2-e) less than the previous year and is the lowest emission level recorded in the […] Read more
South Africa’s Eskom Plans $7.2 B Investment in Wind & Solar Updated On Tue, Aug 31st, 2021 by Saurenergy South African electricity public utility Eskom Holdings SOC Ltd. is planning to invest 106 billion rand, or $7.2 billion, in wind and solar power by the end of the decade. Eskom, which accounts for two-fifths of the nation’s greenhouse gas output, may execute its plan either independently or through a partnership. A few months ago, South […] Read more
