Global Offshore Wind Capacity Predicted to Reach 193 GW by 2030, 500 GW by 2050 Updated On Tue, Aug 20th, 2019 by Saurenergy Global offshore wind market growth predictions show accelerated growth in the next decade, with cumulative capacity ranging from 154 to 193 GW by 2030, and over 500 GW by 2050 According to a new report by the National Renewable Energy Laboratory (NREL), the global offshore wind market growth predictions show accelerated growth in the next […] Read more
Indian Oil Planning Rs 25,000 cr Investment in Clean Energy Projects Updated On Tue, Aug 20th, 2019 by Saurenergy Indian Oil plans to invest Rs 25,000 crore in clean energy projects, including solar, wind plants, biofuels plants, and solar panels at filling stations The Indian Oil Corporation (IOCL) has revealed its plans to invest Rs 25,000 crore in clean energy projects, including solar and wind power plants, biofuels plants, and solar panels at filling […] Read more
MNRE Invites Startups to Make Innovative Solutions; Offers Reward Up to Rs 10 Lakh Updated On Mon, Aug 19th, 2019 by Saurenergy As per the MNRE, top performer will receive a cash grant of Rs 10 lakh, while second position holder company will get Rs 7 lakh and third rank holder entity will be eligible for Rs 5 lakh as reward. With an aim to encourage new innovations in the country, the Ministry of New and Renewable […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
REC Group and Meyer Burger Sign MoU for Strategic Collaboration Updated On Fri, Aug 16th, 2019 by Saurenergy REC Group has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. Following the successful launch of its groundbreaking Alpha solar panel at Intersolar in Munich in May 2019. The REC Group, one of the leading European brands for solar photovoltaic panels has announced that it has signed a memorandum of understanding […] Read more
University of Birmingham and ISA Helping ‘Sun-Rich’ Farmers Updated On Wed, Aug 14th, 2019 by Saurenergy University of Birmingham and ISA are working to help farmers make the most of chilled food distribution systems powered by solar and solar-hybrid solutions. The University of Birmingham and the International Solar Alliance (ISA) have announced that they are working together to help farmers in ‘sun-rich’ countries make the most of chilled food distribution systems […] Read more
EESL Operationalises Over 5 Lakh Smart Meters Across India Updated On Tue, Aug 13th, 2019 by Saurenergy The meters will enhance consumer convenience and also rationalise electricity consumption. Under Smart Meter National Programme (SMNP), government-backed Energy Efficiency Services Limited (EESL) has successfully installed more than 5 lakh smart meters in Uttar Pradesh (UP), Delhi, Haryana, Bihar and Andhra Pradesh. These meters will enhance consumer convenience and also rationalise electricity consumption. Commenting on […] Read more
Tata Power-DDL, CEEW Ink Pact to Accelerate RE in Delhi’s Micro-Grids Updated On Sat, Aug 10th, 2019 by Saurenergy This collaboration will also help in achieving Delhi’s 1 GW target of solar generation by 2020 and 2 GW by 2025, in accordance with the DERC guidelines for the implementation of group net metering and virtual net metering framework. In order to evaluate and accelerate the integration of decentralised renewable energy into Delhi’s power grid, […] Read more
Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030 Updated On Fri, Aug 9th, 2019 by Saurenergy Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […] Read more