Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report Updated On Fri, Apr 17th, 2020 by Saurenergy According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […] Read more
Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio Updated On Mon, Apr 13th, 2020 by Saurenergy Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […] Read more
Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
What India’s Large Storage Tender Means for Its Coal Thermal Sector Updated On Mon, Mar 2nd, 2020 by Saurenergy Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […] Read more
Global CO2 Emissions Flatlined in 2019, Thanks to Expanding Role of Renewables Updated On Tue, Feb 11th, 2020 by Saurenergy Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, according to the IEA Despite widespread expectations of another increase, global energy-related carbon dioxide (CO2) emissions stopped growing in 2019, according to new IEA data released recently. After two years of growth, global emissions were unchanged at 33 gigatonnes in 2019 […] Read more
Could Renewables Displace Conventional Fuels in Asia in 2020s? Updated On Fri, Feb 7th, 2020 by Saurenergy In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […] Read more
Ofgem Unveils ‘Decarbonisation Action Plan’ to Support RE, EVs in Britain Updated On Tue, Feb 4th, 2020 by Saurenergy Ofgem has unveiled its ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables and 10 million EVs on British roads by 2030 Britain’s energy market regulator Ofgem (Office of Gas and Electricity Markets) has unveiled its new ‘Decarbonisation Action Plan’, to build a system that supports the growth of renewables (RE) […] Read more
EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood Updated On Fri, Jan 24th, 2020 by Saurenergy EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed on a new EUR 50 million programme of financial guarantees aimed at scaling up investment […] Read more
Double the Share of Renewables to Achieve Energy Transition Goals Updated On Tue, Jan 14th, 2020 by Saurenergy The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […] Read more
