Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
Five Secrets About Solar & Wind Power You Should Know Updated On Tue, Jan 31st, 2023 by Saurenergy As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […] Read more
The Top 5: Game-Changing Renewable Energy Projects In The Middle East Updated On Mon, Jan 30th, 2023 by Saurenergy The energy transition towards renewables has recently seen an increase in Middle Eastern countries, especially in Saudi Arabia, UAE, Egypt, Morocco etc. Once dependent on its plentiful reserves of oil and gas for wealth, the region is finally embracing the zero-carbon emission goals. As per IRENA’s World Energy Transitions Outlook (WETO), the region could obtain […] Read more
India & IRENA Forge Partnership to Spur Renewable Energy Updated On Mon, Jan 16th, 2023 by Saurenergy The Ministry of New & Renewable Energy has entered into a strategic partnership with International Renewable Energy Agency. The partnership will pave the path for the development of renewable energy. The signatories for said the agreement between India and IRENA were Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General […] Read more
India & UAE to Seal Agreement on Linking Grid for Renewable Energy Updated On Mon, Jan 16th, 2023 by Saurenergy India’s Minister of New & Renewable Energy, Raj Kumar Singh has revealed that India and the United Arab Emirates (UAE) are on their way to enter into a “major agreement”. The cooperation between the two countries concerns the interlinking of renewable energy. He did not give out details about the timeline and added that the […] Read more
Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security Updated On Mon, Dec 12th, 2022 by Saurenergy Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […] Read more
RE Employment Rose 700,000 in 2021; Nears 13 million: Report by IRENA & ILO Updated On Fri, Sep 23rd, 2022 by Saurenergy According to a new report published by the International Renewable Energy Agency (IRENA) and International Labour Organization (ILO), worldwide employment in the renewable energy sector reached 12.7 million in 2021, representing a jump of 700,000 new jobs in just 12 months. The report named ‘Renewable Energy and Jobs: Annual Review 2022,’ identifies domestic market size […] Read more
IRENA Report on Renewable Power Generation Costs in 2021 Updated On Mon, Aug 22nd, 2022 by Saurenergy International Renewable Energy Agency (IRENA) has published this research report titled Renewable Power Generation Costs in 2021. In 2021, the cost-effectiveness of renewable energy increased further. Their crucial role in the transition to an economical and technically achievable net zero future is confirmed by data from the IRENA Renewable Cost Database and analysis of current […] Read more
IRENA Report on Scenarios for The Energy Transition Updated On Mon, Aug 22nd, 2022 by Saurenergy IRENA has published this research report titled “Scenarios for the Energy Transition: Experience and good practices in Latin America and the Caribbean.” In this research report, examples of this type that were discussed during the webinar series “Long-Term Energy Scenarios (LTES) for Developing National Clean Energy Transition Plans in Latin America and the Caribbean” are […] Read more
