Europe Proposes to Have 60 GW Offshore Wind Capacity by 2030, 300 GW by 2050 Updated On Mon, Nov 23rd, 2020 by Saurenergy The EC proposes to increase the offshore wind capacity in Europe from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050. To help meet the EU’s goal of climate neutrality by 2050, the European Commission recently presented the EU Strategy on Offshore Renewable Energy. The […] Read more
Suzlon Posts Financial Results for Q2 FY21, PAT at Rs 670 Crore Updated On Thu, Nov 12th, 2020 by Saurenergy The Suzlon Group has announced its second-quarter results for FY21 (Q2 FY21), with the performance considered encouraging in the current scenario. The Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has announced its second-quarter results for the financial year 2020-21 (Q2 FY21). The firm claims its performance has been […] Read more
Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
Eos, Hecate to Deliver 1 GWh of Energy Storage Projects Across the US Updated On Thu, Nov 5th, 2020 by Saurenergy Eos Energy Storage has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects across the US to Hecate Energy Eos Energy Storage, a leading manufacturer of zinc battery storage systems, has announced that it has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects at an estimated […] Read more
Avaada Gets Relief at APTEL Against CERC Order for Maharashtra Project Updated On Thu, Oct 29th, 2020 by Saurenergy Back in January this year, we had carried this story on how a CERC order had ruled against Avaada in a petition to stay cancellation of its PSA with SECI. Many of the other key issues in the project, like the fate of the 28MW already built, or the power generated there, or even the […] Read more
DHI Invites Proposals for Development of EV Charging Infra on Major Highways Updated On Fri, Oct 16th, 2020 by Saurenergy DHI has invited proposals from entities that intend to build and operate EV charging infrastructure on major highways and expressways in the country. The central government has invited proposals for installation of electric vehicle (EV) charging stations from entities that intend to build and operate EV charging infrastructure on major highways and expressways in the country. The Department of Heavy […] Read more
RenewSys Expands Manufacturing Capacity at Facility in Bengaluru Updated On Wed, Oct 7th, 2020 by Saurenergy RenewSys India has increased the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW and Backsheet capacity to 4 GW. RenewSys India has announced an increase in the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW (from its current 1.65 GW). Similarly, the Backsheet capacity is being expanded […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai Updated On Wed, Sep 30th, 2020 by Saurenergy Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […] Read more
