India’s NIWE and UK’s ORE Catapult Collaborate for Offshore Wind Development Updated On Tue, Apr 26th, 2022 by Saurenergy India’s National Institute of Wind Energy (NIWE) has announced signing of a a Joint Declaration of Intent (JDI) with ORE Catapult of the United Kingdom under which the two wind energy organisations of their respective countries will establish a five-year collaboration programme for the development of wind energy, particularly offshore wind. India currently has zero […] Read more
India, Germany Look To Raise Renewable Energy to 500 GW by 2030 Updated On Tue, Apr 26th, 2022 by Saurenergy The Indian Government officials met Jochen Flasbarth, State Secretary of the Ministry for Economic Cooperation and Development, Germany, in New Delhi and held talks to find ways to deepen the collaboration between India and Germany in the realm of renewable energy development and climate neutrality. Jochen Flasbarth, who arrived in India for a two-day state […] Read more
Masdar to develop 4 GW green hydrogen plants in Egypt by 2030 Updated On Tue, Apr 26th, 2022 by Saurenergy UAE based renewable energy major Masdar and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, have signed two MoUs with Egypt for the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast. The green fuel production projects will be inside Sokhna zone […] Read more
Global Renewable Capacity Addition in numbers For 2021 from IRENA Updated On Mon, Apr 25th, 2022 by Saurenergy “At the end of 2021, global renewable generation capacity amounted to 3064 GW. Hydropower accounted for the largest share of the global total, with a capacity of 1230 GW,” finds a new report by the International Renewable Energy Agency (IRENA). Solar and wind energy accounted for equal shares of the remainder, with capacities of 849 […] Read more
IESA supports UN’s low carbon tech innovation challenge’22 Updated On Mon, Apr 25th, 2022 by Saurenergy The United Nations Industrial Development Organization (UNIDO) Regional Office in New Delhi has announced the launch of 5th Innovation Challenge on Innovative Low Carbon Technologies. Applications will be accepted until 31st May 2022. The Innovation Challenge is conducted under the Facility for Low Carbon Technology Deployment (FLCTD; https://www.low-carbon-innovation.org/), which is jointly implemented by UNIDO and […] Read more
E-mobility in Visakhapatnam, Tirupati gets BEE push Updated On Mon, Apr 25th, 2022 by Saurenergy The Union power ministry-led Bureau of Energy Efficiency has given its consent to the Andhra Pradesh energy department to retrofit existing engines of 200 auto rickshaws in Tirupati and 100 in Visakhapatnam with electric kits and swappable batteries. As a pilot project, three internal combustion engine autos were converted to electric in Tirupati and have […] Read more
Fire incidents Compel Ola and Pure EV to recall thousands of e-scooters Updated On Mon, Apr 25th, 2022 by Saurenergy The fire incidents in electric vehicles across the country is pushing the electric vehicle manufacturers to recall their EVs as their goodwill stares at a decline. The central government has also formed a panel to examine if the OEMs were negligent in manufacturing the electric vehicles. Now Pure EV and Ola Electric have recalled thousands […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
Eolian Gets $925 Million Renewable Energy Financing Updated On Fri, Apr 22nd, 2022 by Saurenergy Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […] Read more
