Argentina Expects up to USD 3 Billion in Renewable Energy Projects Updated On Thu, Nov 30th, 2017 by Saurenergy Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects after its government awarded projects to generate 1,408 megawatts (MW) of power, and promised to increase that amount to 2,000 MW. According to the Ministry of Energy […] Read more
Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
Elon Musk Won US$50 Million In A Bet to Build A Huge Battery In 100 Days Updated On Mon, Nov 27th, 2017 by Saurenergy Musk took it as a challenge in order to solve South Australia’s power woes which had witnessed a state-wide blackout. Tesla and SpaceX Founder and entrepreneur Elon Musk has won a bet for building a giant battery in a record time of 100 days, $50 million was on stake during the bet and Musk has […] Read more
Modi Govt to Step Beyond Renewable Goal With China-Scale Tenders Updated On Sat, Nov 25th, 2017 by Saurenergy With renewable energy targets second only to those set by the government of China, India has a long way to go from a current base of 60 gigawatts to reach its ambition of 175 gigawatts in five years. In a bid to fulfill Prime Minister Narendra Modi’s climate pledges, India announced that it will tender […] Read more
Air-breathing Battery Could Cut Costs of Renewable Energy Storage Updated On Fri, Nov 24th, 2017 by Saurenergy Solar power and wind are increasingly popular sources for renewable energy. But intermittency issues keep them from connecting widely to the U.S. grid: They require energy-storage systems that, at the cheapest, run about $100 per kilowatt hour and function only in certain locations. Now MIT researchers have developed an “air-breathing” battery that could store electricity […] Read more
Artificial Intelligence (AI) Will Enhance the Efficiency of Renewable Energy Projects: Reports Updated On Thu, Nov 23rd, 2017 by Saurenergy The use of autonomous drones will offer quicker and efficient remote inspection and maintenance. As per the suggestion by DNV GL, stating that technologies such as autonomous robotics and machine learning can help improve areas such as decision making and planning, condition monitoring, inspections and supply chain optimization which in turn help boost efficiencies across the renewable energy […] Read more
India’s Clean Energy Sector Aims To Generate 330,000 New Jobs: Report Updated On Wed, Nov 22nd, 2017 by Saurenergy The Union Government is planning to set up 160,000 Megawatt (Mw) of fresh renewable energy generation capacity in the five years between 2017 and 2022. More than 330,000 new jobs are likely to be generated from India’s growing renewable energy sector over the next five years, according to US-based global research organisation World Resources Institute […] Read more
Indian renewable energy companies among lowest rated: Report Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […] Read more
ADFD & IRENA Started Accepting Applications For Funding Opportunities For Renewable Energy Projects Updated On Thu, Nov 16th, 2017 by Saurenergy The Facility allocated US$189 million to 19 renewable energy ventures across the globe, covering up to 50 per cent of the project costs. The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded […] Read more
