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Home Energy Consumption In India to Triple By 2050, Says EIA Report

The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by  capacity additions, overtaking China and the US, […]

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Australia Set for Renewable Energy Hub with 1,200MW/2.4GWh BESS

A new renewable energy centre is set to be established in Australia following the governmental approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), the owner and developer of which is Singapore based renewables investor Equis. With the approval being received, a 1,200MW/2.4GWh two-hour duration battery energy storage system (BESS) will come up in Victoria. This […]

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Credit Fair Joins Hands with Amplus to Finance Rooftop Solutions

Credit Fair, a consumer lending fintech startup, has joined forces with Amplus Solar, a clean energy solutions provider. This collaboration offers collateral-free affordable financing to individuals, housing societies and trust associations looking to set up solar rooftops. The maximum loan an individual and MSME can avail of is up to Rs 200 lakh. Credit Fair […]

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ENEL Adds Battery Storage As Texas Grapples With Extreme Demand Swings

Enel North America, a key energy utulity in the US and Canada, has more than tripled its operational utility-scale storage capacity this summer by bringing five new battery energy storage systems (BESS) online in Texas. The new batteries add over 369 MW / 555 MWh of dispatchable energy storage to the Texas power grid, helping increase grid […]

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Zetwerk-owned Unimacts In Supply Deal With Nextracker With New US Plant

US based Unimacts, which was recently acquired by Indian Infrastructure supplies unicorn Zetwerk, has entered a deal with Nextracker, a leading solar tracker and software solutions firm. A leading provider of industrial manufacturing and supply chain solutions, the new plant was opened at a Nextracker-dedicated manufacturing facility in Las Vegas. As SaurEnergy reported last week, […]

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RWE Partners with Stanwell Corporation for 1.8 GW Onshore Wind in Australia

German multinational energy firm headquartered in Essen that generates and trades electricity in the Asia-Pacific region, and delves into offshore wind power generation, RWE has joined hands with power provider Stanwell Corporation. The two firms have entered into a memorandum of understanding (MoU) for two Queensland onshore wind projects. These will boast an aggregate capacity […]

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Used Car Batteries Can Now Create Renewable Energy Storage System

Marquee auto major Jaguar Land Rover (JLR) has joined hands with Wykes Engineering Ltd, a firm that delves in the renewable energy sector, to make a new renewable energy storage system from used car batteries. The British multinational automobile manufacturer, through this partnership, will make among largest energy storage systems in the UK. This will […]

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Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms

Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […]

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