FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac Updated On Wed, Jan 20th, 2021 by Saurenergy All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […] Read more
GM & Cruise Partner With Microsoft to Commercialise Self-Driving EVs Updated On Wed, Jan 20th, 2021 by Saurenergy GM and Cruise have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving EVs. General Motors (GM) and Cruise, have announced that they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving electric vehicles (EVs). As per the partnership agreement, the companies will bring together their […] Read more
Sterlite Power Appoints Amitabh Prasad as Brazil CEO Updated On Thu, Jan 14th, 2021 by Saurenergy Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […] Read more
“BIS Certification Should Be a Must For All Government Tenders”, Brijesh Prajapati Updated On Thu, Jan 7th, 2021 by Saurenergy Brijesh Prajapati, Managing Director, SofarSolar, a leading inverter firm from China, is gung ho about the prospects for his firm in India. The 7 year old SofarSolar is a young firm like many others in the sector, but has moved quickly to grab emerging opportunities in solar, especially in Hybrid Inverters linked with storage. Recently […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
BMW CEO Says Targeting 250K More E-Cars by 2023 Updated On Mon, Dec 28th, 2020 by Saurenergy The German luxury automaker, BMW is planning to boost E-car production by producing 250,000 more e-cars by 2023. The company CEO Oliver Zipse was quoted saying this in an interview with the German newspaper Augsburger Allgemeine. luxury carmakers have been faster to announce electric plans due to the higher costs of EV’s currently, which makes […] Read more
Ameren Missouri Acquires its First Wind Energy Center in Northeast Missouri Updated On Sat, Dec 26th, 2020 by Saurenergy Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has closed on the acquisition of the company’s first wind energy center, a 400-megawatt (MW) project in northeast Missouri. The purchase of the High Prairie Renewable Energy Center in Adair and Schuyler counties is the first of two planned investments in Missouri-based wind generation, which will add 700 MW of clean […] Read more
RERC Sets Tariff of Rs 6 per unit Applicable on EV Charging Stations Updated On Wed, Dec 23rd, 2020 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has released a draft Suo-Motu order on the matter of Charging Infrastructure, Tariffs, and other regulatory issues for Electric Vehicles on December 21, 2020. Promoting Electric Vehicles and their Impact on the Grid, they declared the applicable tariffs on the EV public charging stations (PCS) of Rs 6 per […] Read more
A Majority Renewables Grid by 2030 Will Support 980,000 Direct Jobs in US: Report Updated On Tue, Dec 22nd, 2020 by Saurenergy A new study has found that reaching a majority renewables grid over the next decade will support 980,000 direct jobs in the US According to a new ‘first-of-its-kind’ study, released by Wood Mackenzie and the American Clean Power Association (ACP), reaching a majority renewables grid will deploy over USD 1 trillion in capital investment into the American economy […] Read more
