EU’s Net Zero Industry Act Set To Boost Technology Production In Europe Updated On Wed, Nov 22nd, 2023 by Saurenergy The European Union, (EU) Parliament, recently adopted legislation to bolster Europe’s manufacturing output in technologies for decarbonisation. The announcement of the “Net-Zero industry act” has sets the target for Europe to produce 40% of its annual deployment needs through net-zero technologies by 2030. The new legislation of the EU is based on National Energy and […] Read more
To Meet Targets, Wind Power Needs To Grow 3 Times By 2030: Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A latest report from EMBER studied global renewable capacity and found that, based on current national targets, it’s set to increase by 7.3 TW by 2030. It anticipates that, based on the current national target, the renewable energy capacity is set to increase by 2.1x until 2030. The report on ‘Tracking National Ambition Towards a […] Read more
A 100 kW Solar Installation In Bihar Can Save Rs 2.7cr: CEEW Report Updated On Wed, Nov 22nd, 2023 by Saurenergy The report by the Council on Energy, Environment and water (CEEW) titled, ‘Community Solar for Advancing Power Sector Reforms and the Net-Zero Goals’, highlights the usage of rooftop solar in eastern Indian states of Bihar and Meghalaya and its corresponding benefits in terms of savings. The study uses a framework to evaluate the impact of […] Read more
EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […] Read more
Growth Of EV Market Highest In China, EU, Says WRI Report Updated On Tue, Nov 21st, 2023 by Saurenergy Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […] Read more
Need To Extend Subsidies For Below 1kW Rooftop Solar Segment: CEEW Updated On Tue, Nov 21st, 2023 by Saurenergy A recent report by the Council on Energy Environment and Water (CEEW) identifies a significant growth potential in rooftop solar (RTS) subsidies, particularly in the 0–3 kW categories. This potential is attributed to the implementation of direct capital subsidies, with untapped opportunities in the 0–1 kW category. Drawing from comprehensive household data in the India […] Read more
With IRA Boost, Energy Storage Demand Likely To Surge Six-Fold: SEIA Updated On Mon, Nov 20th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA) has released a report stating that over the next one decade, lithium-ion battery would witness a surge in global demand due to the unprecedented investment in solar. This was attributed to the production incentives bolstered through the Inflation Reduction Act (IRA) in the United States (US). SEIA’s report titled, […] Read more
Residential Solar Rooftop Potential Linked To Subsidies-CEEW Study Updated On Fri, Nov 17th, 2023 by Saurenergy Over 25 crore households across India have the potential to deploy 637 GW of solar energy capacity on rooftops, according to a new report by the Council on Energy, Environment and Water (CEEW) report released today. The CEEW report found that deploying just one-third of this total solar technical potential could support the entire electricity […] Read more
Five Clean Energy Sectors Employ Around 9 million Workers: IEA Report Updated On Thu, Nov 16th, 2023 by Saurenergy A latest report from the International Energy Agency (IEA) titled World Energy Employment (WEE) 2023 mentions five sectors that employ around 9 million workers today. Among these sectors, solar PV is reported to be the largest, creating around 4 million jobs. On the other hand, manufacturing of EVs and their batteries has reportedly been the […] Read more
