81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
5 Ways The World Will Change As Renewable Energy Gains Share Updated On Mon, Apr 22nd, 2024 by Saurenergy Sometimes, it’s good to see a little further into the future than just the next few months, or even a year. At SaurEnergy, with the privilege we have in terms of access to and feedback from so many experts, it is clear that change is afoot. While those impatient for much more will probably disagree, […] Read more
Indonesia Mulls Over Six-Month Plan to Accelerate Pvt Investment in RE Updated On Mon, Nov 28th, 2022 by Saurenergy Indonesia is now bullish on a national plan with regards to renewable energy. The country is looking to accomplish the plan in six months manifesting investments that will expedite the country’s transition to renewable energy from fossil fuel-based power supply. As per reports, the new plan is part of the $20 billion Just Energy Transition […] Read more
PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022 Updated On Mon, Oct 31st, 2022 by Saurenergy As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […] Read more
IRENA Study Calls Renewable Pathway More Cost Effective than Fossil Fuels in Indonesia Updated On Wed, Oct 26th, 2022 by Saurenergy A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put […] Read more
SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only Updated On Wed, Sep 14th, 2022 by Saurenergy Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […] Read more
Coal Mining Company NLCIL Signs MoU For RE Projects With APDCL Updated On Tue, Aug 16th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed by coal mining company NLC India Ltd and Assam Power Distribution Company Limited (APDCL). It may be noted that Tamil Nadu based NCL India Ltd and APDCL- fully owned by the Assam Government, are Navratna public sector organisations. According to the agreement, the objective of the MoU […] Read more
Germany Looks At Rapid Renewable Energy Expansion Updated On Fri, Jul 8th, 2022 by Saurenergy The German government is looking to come up with a major package of reforms that would give speed to renewable power generation. Speaking in a renewable energy industry event, German Chancellor Olaf Scholz has said that his government wants to end supplies of fossil fuels from Russia considering its armed conflict with Ukraine. The European […] Read more
