Power Market Update- REC Market Records All-Time Low Price In April Updated On Thu, May 2nd, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s premier electricity exchange achieved 9,044 MU overall volume, in April’24, marking a 14.1% year-over-year increase. The renewable energy certificates (REC) at 618 MU, increased 211% YoY. At Rs. 204 per certificate, the REC market recorded an all-time low price in the trading session held on 24th April 2024. The REC […] Read more
World’s First Wooden Wind Turbine Blades Installed In Germany Updated On Thu, May 2nd, 2024 by Saurenergy German wooden wind turbine blade manufacturer Voodin Blade Technology has announced the world’s first prototype installation of its 19.3-meter wooden wind turbine blades. The blades are installed on an existing wind turbine in Breuna, Germany. The turbine is made of laminated veneer lumber (LVL) a material that is more sustainable than current materials and enables […] Read more
Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER Updated On Thu, May 2nd, 2024 by Saurenergy A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […] Read more
Climate Finance Still A Challenge For Developing Countries Amid RE Push Updated On Thu, May 2nd, 2024 by Saurenergy Amid fears of worsening impacts of climate change and the push towards renewable energy, financing for the transition to greener energy sources remains the pivotal issue. A report by the World Bank that focused on developing countries emphasised that energy transition there will require ‘unprecedented transformation of the power sector infrastructure’. Along with that, it […] Read more
Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
Manager- BD & Sales IND Updated On Mon, Apr 29th, 2024 by Saurenergy Roles & Responsibilities:- First Solar is a leader in the development and manufacturing of thin film solar modules used in grid-connected solar power plants, and is in the process of establishing a 3.3GW/annum integrated solar PV module manufactruing facility in India. Our culture is one where teamwork, continuous improvement, achievement of results, and environmental responsibility […] Read more
Neoen To Build Stage 2 of 341MW/1363 MWh Collie Battery In Australia Updated On Mon, Apr 29th, 2024 by Saurenergy French Renewable Energy company Neoen has been awarded a 300 MW/ 4-hour capacity services contract by the Australian Energy Market Operator (AEMO) in a competitive tender initiated by the Western Australian Coordinator of Energy. The service will be delivered by Stage 2 of Collie Battery sized at 341 MW / 1,363 MWh and consisting of […] Read more
Senior Electrical Engineer_Renewable Updated On Fri, Apr 26th, 2024 by Saurenergy Responsibilities will be mainly to assess the renewable energy investment (solar, wind, hybrid etc.) – technically and commercially and provide required guidance that will enable the companies to take strategic decisions. Basic and Detail Engineering PV plants, Pooling substations and Transmission lines up to 400kV level. Understanding of policy and regulatory framework for deployment of […] Read more
IEA Forecasts 40% Drop In Battery Storage Costs By 2030 Updated On Fri, Apr 26th, 2024 by Saurenergy International Energy Agency’s (IEA) recent report on the use of batteries in electric vehicles (EVs) and battery storage installations has shown that developer costs of batteries will decline by 40% by 2030. The report was prepared after studying the use of solar PV plus batteries and found the total upfront costs of utility-scale battery storage […] Read more
