Sunniest Countries Failed To Tap Solar Power: EMBER Updated On Mon, Jun 3rd, 2024 by Saurenergy Solar capacity additions surged 74% in 2023, reaching a record 346 GW annual additions, according to a report by EMBER. The EMBER research showed that “Globally, only 14% of solar capacity was installed as of 2023 (204 GW) was in markets with solar insolation above the global average. Other countries such as, Japan saw 13 […] Read more
3500 MW of Wind Addition Possible in Five Developing Countries: GWEC Report Updated On Tue, Mar 14th, 2023 by Saurenergy A new report by Global Wind Energy Council (GWEC) has said that five countries, namely, Argentina, Colombia, Egypt, Indonesia and Morocco have the capacity to add 3500 MW of wind power in the coming five years if they do so aggressively. The GWEC report held that the five developing countries can add an extra $12.5 […] Read more
Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument Updated On Thu, Nov 10th, 2022 by Saurenergy Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […] Read more
EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen Updated On Wed, Nov 9th, 2022 by Saurenergy On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […] Read more
Germany, Egypt Join Hands for Renewable Hydrogen Updated On Mon, Nov 7th, 2022 by Saurenergy Germany and Egypt have joined hands to partner for renewable hydrogen through an MoU. The agreement will also pave the way for bolstering trade in LNG. The partnership will be focused on the execution of projects for producing, processing, employing and transporting green hydrogen along with the promotion of a green hydrogen sector. Egypt and […] Read more
Indian Market Is The Biggest Market For Solar; Will Continue To Be: MNRE Min R K Singh Updated On Wed, Oct 19th, 2022 by Saurenergy The press conference for the fifth assembly of the International Solar Alliance (ISA) held in New Delhi, was led by the MNRE Minister R K Singh, who shared significant insights on the work being done by the organisation while also shedding light on several aspects of the Indian solar industry that are gaining momentum. Here […] Read more
Morocco Shows Africa A Renewable Pathway Away From Fossil Fuels Updated On Wed, Jun 1st, 2022 by Saurenergy Morocco is showing the African continent a Renewable Energy pathway out of fossil fuel. Among the countries giving Morocco a good company are Egypt and South Africa, according to TAQA Net, a platform specialized in energy markets. Africa’s trailblazing growth in socio-economic sector has led several countries to further develop solar energy projects, especially at […] Read more
Egypt Will Generate 10GW Renewable Energy Next Year Updated On Thu, May 26th, 2022 by Saurenergy The government of Egypt is looking to expedite the renewable energy projects in the country, with plans to generate about 10,000 MW of solar and other renewable power in 2023 said a government official to media. The government expects the rise in renewable energy production in the coming year as many energy projects will then […] Read more
$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg Updated On Thu, Feb 24th, 2022 by Saurenergy The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […] Read more
