Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report Updated On Mon, Jun 14th, 2021 by Saurenergy The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD), examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […] Read more
Methane Could be a Greater Source of Power In US Updated On Fri, Jun 11th, 2021 by Saurenergy Natural gas is an important source of power in the United States. An estimated 300,000 miles of pipeline transport natural gas across the country, while thousands of gathering, processing, and storage facilities prepare and store the gas for end users. One of the natural gases, Methane (CH4) is studied and proven to be 80 times […] Read more
Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA Updated On Fri, Jun 11th, 2021 by Saurenergy The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […] Read more
US Deploys 910 MWh of Energy Storage with 225% Increase in Q1 Updated On Thu, Jun 10th, 2021 by Saurenergy In a sign that energy storage systems continue to make strong progress in the country, the US marked the biggest Q1 2021 (quarter one) deployments so far for its energy storage market. According to a report from Wood Mackenzie and the U.S. Energy Storage Association (ESA), the US added 910 MWh (megawatt-hours) of new energy […] Read more
ISGF Report Supports Interlinking of Grids in GCC, SAARC & ASEAN area Updated On Thu, Jun 10th, 2021 by Saurenergy A new report entitled ‘Interconnection of Regional Grids of ASEAN, SAARC/BIMSTEC and GCC Regions’, released by India Smart Grid Forum (ISGF), argues that myriad benefits are to be gained from interconnecting smaller power systems — the GCC, SAARC/BIMSTEC and ASEAN region in particular — to form a large power pool or regional grid in terms of […] Read more
Legal Counsel Updated On Wed, Jun 9th, 2021 by Saurenergy The legal counsel shall be responsible for advising the business operations, by giving pro-active, professional, competent, (cost) effective and creative legal support. The legal counsel shall collaborate with the business leaders advising on legal risks, business strategies and other issues related to the Company’s business. The Person should be comfortable working in a fast-paced environment […] Read more
Luxembourg’s ArcelorMittal Invests $10 M in RE Tech Company Heliogen Updated On Wed, Jun 9th, 2021 by Saurenergy ArcelorMittal S.A., a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg City, announced yesterday its initial investment of $10 million in US renewable energy technology company Heliogen, marking the completion of the steel producer’s first XCarb™ innovation fund investment since launching the initiative in March 2021. Heliogen’s technology will harness solar energy by using a field of mirrors […] Read more
IRENA Members contribute to G20 Action Agenda on Offshore RE Updated On Wed, Jun 9th, 2021 by Saurenergy On the occasion of the 2021 World Ocean Day, celebrated yesterday, over 70 IRENA members and private sector representatives came together in a Collaborative Framework on Ocean Energy and Offshore Renewables to accelerate the deployment of ocean technologies worldwide. Energy from the sea and through offshore renewables is increasingly recognised as significant climate solution for […] Read more
Renew In Collaboration With Stanford’s Storage X Initiative Updated On Tue, Jun 8th, 2021 by Saurenergy ReNew Power, one of India’s leaders in renewable energy, today announced a collaboration agreement with the Precourt Institute for Energy at Stanford University and its StorageX Initiative. StorageX is an academic-industry-government initiative that aims to solve the most pressing real-world challenges in battery storage. ReNew’s collaboration with StorageX will focus initially on challenges surrounding grid […] Read more