Global wind & solar power growth on track to meet climate targets: report Updated On Wed, Mar 30th, 2022 by Saurenergy Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think tank Ember said in a report on Wednesday. Solar generation rose 23% globally in 2021, while wind supply gained 14% over the same period. Together, […] Read more
Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report Updated On Thu, Jan 20th, 2022 by Saurenergy Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […] Read more
Investor Pressure For ESG Compliance To Drive Corporates Towards Renewables In 2022 Updated On Tue, Jan 18th, 2022 by Saurenergy A New Report from Wood Mackenzie posits that there is a real near term risk for corporates and renewable firms as they invest to decarbonise the energy system. Decarbonisation is the lynchpin of the global strategy to meet the 1.5-degree warming scenario influencing companies’ planning. The report, Corporate power and renewables: 5 things to look […] Read more
Coming Up Soon, The Problem OF Managing Solar Waste Updated On Mon, Jan 17th, 2022 by Saurenergy As large-scale installation of PV solar modules increases in India, the volume of modules that reach the end of their life is also expected to grow manifold. By the end of 2040, the country will represent 30% of the world’s installed solar capacity, a recent IEA report has found. India, which currently doesn’t categorise PV […] Read more
Hydrogen Economy Hints at New Global Power Dynamics: IRENA Updated On Mon, Jan 17th, 2022 by Saurenergy Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees hydrogen changing the geography of energy trade and regionalising energy relations, hinting at […] Read more
Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA Updated On Mon, Jan 17th, 2022 by Saurenergy Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […] Read more
COP26 Commitments Likely to Attract Billions in Investment: ICRA Updated On Thu, Jan 6th, 2022 by Saurenergy The commitments on emission control made by India at the recent Glasgow COP26 summit are expected to benefit the country in the long-term with new technologies in energy efficiency, carbon reduction and green fuels etc, opines ratings agency ICRA in its recent research report. This is likely to attract investment in billions across sectors, predicts […] Read more
India Added >10 GW Solar & Wind Capacity from Jan-Sept’21: Report Updated On Wed, Oct 27th, 2021 by Saurenergy From January 2021 till September 2021, approximately 8,811 MW solar capacity and 1,246 MW of wind capacity was added in India, according to a new report by JMK Research. This is about 280% and 101%, respectively, higher compared to the same period previous year. The key reason for the significant increase is the commissioning of […] Read more
Replace DG Sets with BESS to Enhance Indian Pwr Grid’s Flexibilty: Study Updated On Wed, Oct 20th, 2021 by Saurenergy “Replacement of DG sets distributed across the country with BESS is the fastest and cheapest route to build flexibility for the Indian grid. The reduction in emissions from DG sets will help meet the NDC targets as well,” states a new study published by India Smart Grid Forum (ISGF). Delivering reliable 24×7 services is the […] Read more
