China Aims to Produce 200,000 Tonnes of Green Hydrogen Annually by 2025 Updated On Thu, Mar 24th, 2022 by Saurenergy The National Development and Reform Commission (NDRC) of China has come up with a target to manufacture 200,000 tonnes of green hydrogen annually by 2025. The NDRC has said in its press statement that China will have widespread industrial use of the clean fuel in the long run. NDRC is the top economic planning body […] Read more
MNRE to Give Three Months’ Relief in SCD of Wind Energy Projects Updated On Wed, Mar 23rd, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has decided to give an extra three months relief to wind power developers whose projects could not be commissioned in time due to the second wave of Covid-19 and also the onset of monsoon. Earlier, the MNRE allowed the period of disruption from April 1, 2021 to […] Read more
Wind Energy in Sweden to Rise by 70% in Next Three Years Updated On Wed, Mar 16th, 2022 by Saurenergy Swedish Energy Agency – a government appointed agency – has published its biannual forecast report where it has said that Sweden will expand its wind power comprehensively. The published analysis says that Sweden is expected to increase the wind power generation by more than 70 per cent by 2024 compared with the level of 2021. […] Read more
Vestas Joins 9GW Floating Wind Farm Development in South Korea Updated On Tue, Mar 15th, 2022 by Saurenergy According to a statement released by the South Korea’s Ulsan City Government, a Memorandum of Understanding (MoU) has been signed between Vestas – the Denmark based leading wind turbine manufacturer – and Ulsan City Administration, Ulsan Port Authority and Sejin Heavy Industries & Construction meant to foster cooperation between the parties for the development of […] Read more
European Union Added Less Than 50% Wind Energy Targets in 2021: WindEurope Report Updated On Fri, Mar 11th, 2022 by Saurenergy A new report published by WindEurope has revealed that the European Union has not been able to install the targeted wind energy capacity in 2021. According to the report, the European Union – which is a union of 27 countries – had installed a mere 11 GW which is even less than half of what […] Read more
European Commission Announces €300mn Plan for Development of Hydrogen Economy Updated On Fri, Mar 11th, 2022 by Saurenergy Clean Hydrogen Partnership (CHP) – a brain child of the European Commission – has called for proposals on 41 different research topics with an outlay of €300 million for a comprehensive development of the hydrogen economy. The initial plan is to fund research that will enable hydrogen production and storage. Clean Hydrogen Partnership is a […] Read more
Global Solar Street Light Market to Grow to $15.7 Billion by 2030 Updated On Thu, Mar 10th, 2022 by Saurenergy Research firm Astute Analytica has come up with a study which establishes that the global solar street light market was $3.9 billion in 2021 and will reach $15.7 billion by 2030. The global street light market will register a CAGR of 17.12% for the coming 2022-2030 period. Astute Analytica has assigned key reasons for the […] Read more
Vestas Will Discontinue Four Wind Energy Projects in Russia Updated On Wed, Mar 9th, 2022 by Saurenergy Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […] Read more
European Commission President Bats for Hydrogen and Renewables to Russian Overhang Updated On Mon, Mar 7th, 2022 by Saurenergy European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […] Read more