Global Energy Transition Investments Exceed $2Tn: BloombergNEF Updated On Mon, Feb 3rd, 2025 by Saurenergy BloombergNEF’s annual report found that low-carbon energy transition investment grew by 11% worldwide, reaching a record $2.1 trillion in 2024. According to the Energy Transition Investment Trends 2025 report, this growth was driven by electrified transport, renewable energy, and power grids. The report revealed that all these sectors reached new highs last year, along with […] Read more
Europe: Solar Surpasses Coal With 11% Growth In 2024 Updated On Fri, Jan 24th, 2025 by Saurenergy European Union (EU) in 2024 witnessed an 11% rise in solar-generated electricity overtaking coal which fell below 10%. European Electricity Review by Ember said. The latest review by think tank Ember, identified, a decline in gas generation in the EU for the fifth year in a row, and total fossil generation also fell to a […] Read more
Falling Module Prices Trigger 13% Drop In EU Solar Investments: Report Updated On Wed, Dec 18th, 2024 by Saurenergy SolarPower Europe’s latest report highlights the addition of 65.5 GW of solar capacity in the region. Despite a yearly growth of 4.4%, this year’s growth marks the lowest market growth since 2017. However, the slowdown was anticipated following the exceptional surge in 2022 and 2023. The growth during that period was largely driven by soaring […] Read more
Recycling Can Cut Lithium, Nickel Demand By 25% Globally By 2050: IEA Updated On Mon, Nov 18th, 2024 by Saurenergy The recycling of battery metals is emerging as a significant commercial opportunity, with the production of recycled metals such as nickel, cobalt, and lithium witnessing rapid growth, albeit from a low base. According to the recent report by International Energy Agency (IEA) recovered metal volumes rates relative to the available feedstock for recycling surged to […] Read more
RE Investment Needs Restructuring Favoring Global South: IRENA Updated On Tue, Nov 12th, 2024 by Saurenergy IRENA World Energy Transition Outlook identified that there is a geographic concentration of investments, and calls for structural changes to close the financing gap faced by the countries of the global south. According to the report’s findings, among the advanced economies of 38 countries, which make up 14% of the world’s population and represent 40% […] Read more
Impose Carbon Tax In India To Handle CBAM Issue: CSE Updated On Thu, Jul 18th, 2024 by Saurenergy A new report from New Delhi-based think tank Center for Science and Environment (CSE) said that the developing countries might consider imposing carbon tax and other measures on their own to tackle the issue of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM). This comes at a time when the EU has planned to […] Read more
Battery Recycling Can Slash EV Battery Cost By €3,000 In Europe, Says Report Updated On Thu, Jul 11th, 2024 by Saurenergy A recent report by Deloitte hinted at new opportunities in slashing electric car battery costs by up to €3,000 by roping in EV battery recycling techniques. It suggested that the adoption of a redesigned approach, spanning the entire product lifecycle is expected to bring the cost down while revenue is expected to see an increase […] Read more
EU Commission Approves Italian Scheme To Support 4590 MW RE Production Updated On Wed, Jun 5th, 2024 by Saurenergy European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […] Read more
EU 2030 Net-Zero Targets Out Of Reach As Investments Plunge Updated On Mon, Jun 3rd, 2024 by Saurenergy The European Union (EU) is set to fall far behind its energy transition targets for renewable energy, clean technology capacity, and domestic supply chain investments, according to Rystad Energy research and modeling. The bloc’s capital investments (capex) in clean technologies – including renewables, carbon capture, utilisation and storage (CCUS), hydrogen, batteries, and nuclear – totaled […] Read more
