To Boost Renewables, Resilient Energy Systems, US Commits $70mn Updated On Mon, Jan 8th, 2024 by Saurenergy The United States (US) Department of Energy (DOE) announced up to $70 million of funding to support research into technologies designed to increase resilience in energy delivery infrastructure. The move is likely to boost the renewables into the system and boost the capabilities of the grid infrastructure in the country. The funding would support from […] Read more
Global Solar Capacity Can Touch 75,000 GW by 2050 With Energy Storage: ISA Updated On Wed, Dec 6th, 2023 by Saurenergy A latest report from the International Solar Alliance (ISA) and Long-Distance Energy Storage (LDES) Council projects a target of 75,000 gigawatts (GW) of solar capacity by 2050. Their target is to provide long-term energy storage to fully realize the potential of these solar installations for complete decarbonization. LDES is estimated to become a $4 trillion […] Read more
Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA Updated On Wed, Dec 6th, 2023 by Saurenergy The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […] Read more
China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie Updated On Thu, Nov 23rd, 2023 by Saurenergy A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved. The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […] Read more
To Meet Targets, Wind Power Needs To Grow 3 Times By 2030: Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A latest report from EMBER studied global renewable capacity and found that, based on current national targets, it’s set to increase by 7.3 TW by 2030. It anticipates that, based on the current national target, the renewable energy capacity is set to increase by 2.1x until 2030. The report on ‘Tracking National Ambition Towards a […] Read more
A 100 kW Solar Installation In Bihar Can Save Rs 2.7cr: CEEW Report Updated On Wed, Nov 22nd, 2023 by Saurenergy The report by the Council on Energy, Environment and water (CEEW) titled, ‘Community Solar for Advancing Power Sector Reforms and the Net-Zero Goals’, highlights the usage of rooftop solar in eastern Indian states of Bihar and Meghalaya and its corresponding benefits in terms of savings. The study uses a framework to evaluate the impact of […] Read more
IRA Can Lead To Creation of 4L Jobs In US, Says Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
Flexible Energy Solution Key Towards Decarbonization: EEA Updated On Wed, Oct 25th, 2023 by Saurenergy The European Environment Agency (EEA) recently published a report titled ‘Flexibility Solutions for Decarbonization: Securing the EU Electricity System.’ This report highlights a significant surge in renewable energy capacity, specifically in solar and wind energy, which is expected to increase from 24% to 60% of the total renewable energy capacity. The report indicates that this development will […] Read more
