Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA Updated On Fri, May 1st, 2020 by Saurenergy The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […] Read more
Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF Updated On Thu, Apr 30th, 2020 by Saurenergy According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […] Read more
COVID-19 Halts up to 3 GW of Wind, Solar Projects in Australia Updated On Mon, Apr 20th, 2020 by Saurenergy The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 GW of projects The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 gigawatts (GW) of projects according to a new […] Read more
Solar PV Corporate Funding Expected to Take a hit Updated On Mon, Apr 20th, 2020 by Saurenergy Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […] Read more
106,000 Clean Energy Jobs Lost in March Due to COVID-19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy More than 106,000 clean energy workers lost their jobs in the month of March, and more clean energy job losses are projected in the coming months. More than 106,000 clean energy workers lost their jobs in the month of March, and hundreds of thousands more clean energy job losses are projected in the coming months. […] Read more
Solar Panel Cleaning Market Worth $1 Bn by 2026: Report Updated On Fri, Apr 17th, 2020 by Saurenergy The global solar panel cleaning market value is anticipated to surpass USD 1 billion by 2026, as reported in the latest study by Global Market Insights. The global solar panel cleaning market value is anticipated to surpass USD 1 billion by 2026, as reported in the latest study by Global Market Insights. Growing end-user preference to adopt […] Read more
US Clean Energy Jobs Increased for 5th Straight Year to 3.3 Million: Report Updated On Fri, Apr 17th, 2020 by Saurenergy At the start of 2020, clean energy employment in the US increased for the fifth straight year, growing beyond 3.3 million workers nationwide. At the start of 2020, clean energy employment in the US increased for the fifth straight year since the annual “Clean Jobs America” report by E2 (Environmental Entrepreneurs) was first released in […] Read more
Impact of COVID-19 on Operational Projects and Rooftop Solar: Report Updated On Thu, Apr 16th, 2020 by Saurenergy COVID-19 has had a limited impact on the operational wind and solar power projects while rooftop solar projects have been the most adversely affected COVID-19 has had a limited impact on the operational wind and solar power projects as it depends on natural resources, i.e. wind and sunlight which has not been disrupted while at […] Read more
Europe saw EUR 19 bn of new Wind Farm Investments Confirmed in 2019 Updated On Thu, Apr 16th, 2020 by Saurenergy Europe saw EUR 19 billion of new wind farm investments confirmed in 2019, off which EUR 13 billion went towards onshore wind energy projects. According to a new report, Europe saw EUR 19 billion of new wind farm investments confirmed in 2019. A further EUR 33 billion was invested in the refinancing of wind farms, […] Read more
