Each new Wind Turbine Installed in Europe Generates €10m of Economic Activity Updated On Fri, Oct 16th, 2020 by Saurenergy Wind energy is 300,000 jobs in Europe and contributes EUR 37 billion to EU GDP every year according to WindEurope’s new report ‘Wind Energy and economic recovery in Europe – How wind energy will put communities at the heart of the European recovery”. European leadership in wind energy will continue to boost jobs and benefit communities. Delivering the National Energy and Climate Plans is […] Read more
Over 17 GW of Wind Turbine Capacity Ordered Globally in Q2 2020: WoodMac Updated On Fri, Oct 16th, 2020 by Saurenergy The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally, according to a new analysis from Wood Mackenzie. The second quarter of 2020 (Q2) saw more than 17 GW of wind turbine capacity ordered globally. This equates to an estimated USD 16 billion, according to a new analysis […] Read more
Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL Updated On Thu, Oct 15th, 2020 by Saurenergy Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […] Read more
Wind-Solar Hybrid Projects Estimated to Reach 11.7 GW by 2023: Report Updated On Fri, Oct 9th, 2020 by Saurenergy India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 GW by 2023, according to a new report by IEEFA and JMK Research. India’s total wind-solar hybrid capacity is expected to grow rapidly to reach nearly 11.7 gigawatts (GW) by 2023, according to a new report by the Institute for Energy Economics and […] Read more
Renewables get an Early Start on Beating Coal Generation: IEEFA US Updated On Fri, Oct 9th, 2020 by Saurenergy The market window for coal-fired electricity in the US is closing faster than ever in a shift that is especially clear as autumn sets in. From July through October 5, renewables (utility-scale solar, wind and hydropower) generated more electricity than coal in the US on nine days—easily topping the total of five days recorded over […] Read more
Over 90% Families Have Electricity Meters, Billed Regularly: CEEW Updated On Thu, Oct 8th, 2020 by Saurenergy As many as 93 percent of families have metered electricity connections and 91 percent of households are billed regularly for power consumption, as per CEEW. As many as 93 percent of families have metered electricity connections and 91 percent of households are billed regularly for power consumption, as per two independent studies released by the CEEW. The studies are based on findings from India Residential […] Read more
RE Could Meet 1/3rd of Demand in Central and Southern Europe: Report Updated On Mon, Oct 5th, 2020 by Saurenergy A new report has revealed that by 2030, Central and South Eastern Europe could cover 1/3 rd of their rising energy demand with renewable energy (RE) The report “The Renewable Energy Roadmap for the Central and South Eastern Europe Energy Connectivity initiative (CESEC)” by the International Renewable Energy Agency (IRENA) shows that accelerating the take-up […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
Utility-Scale Solar Capacity net Additions in US to Rise 10% Yearly to 2024: Report Updated On Wed, Sep 30th, 2020 by Saurenergy Utility-scale solar generating capacity net additions in the US are forecast to see compound annual growth of 10 percent in terms of watts through 2024. Utility-scale solar photovoltaic (PV) generating capacity net additions in the US are forecast to see compound annual growth of 10% in terms of watts through 2024, according to ‘Photovoltaic Solar […] Read more