Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
After Aborting Module Making Plan, Coal India To Expand RE Production Updated On Thu, Sep 12th, 2024 by Saurenergy India’s premier public sector coal mining company-Coal India Limited (CIL) has planned to boost the growth of renewables under its portfolio. This comes after the public utility aborted its earlier plan to produce solar panels. Speaking recently at the Bloomberg BNEF Summit, Debashish Nanda, Director-Business Development of Coal India said that the company as of […] Read more
How Extreme Weather Events Are Threatening Wind Projects? Updated On Tue, Sep 10th, 2024 by Saurenergy In May this year, India witnessed the infamous case of a windmill catching fire amid extreme heat waves. The incident was reported from the Jaisalmer district of Rajasthan when the temperatures almost crossed 50 Degree C. Pictures and videos of the ignited windmill were widely shared on social media and spread like a fire among […] Read more
For Net Zero India Needs 494 GWs Of Solar & Wind Capacity By 2030: Bloomberg NEF Updated On Thu, Sep 5th, 2024 by Saurenergy The New Energy Outlook report released by Bloomberg NEF at its Indian event says India needs more than 4 terawatts of wind and solar capacity installation by 2050 for the Net Zero Scenario. Power demand is projected to grow six fold during the period. Moreover, the report also calls for over $12 trillion investment and […] Read more
2023: Onshore Wind Struggles With Permits, Grid Issues: Report Updated On Thu, Aug 29th, 2024 by Saurenergy According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […] Read more
JinkoSolar Gets Supply Order Of Utility Scale Storage To Athens Airport Updated On Mon, Jun 24th, 2024 by Saurenergy JinkoSolar Holding Co, announced that it has signed a Heads of Terms with kIEFER to supply SunTera, a large-scale battery storage system, to Athens International Airport (AIA), fulfilling its pledge to achieve Net Zero Carbon Emissions by 2025. When completed, AIA will be the first international airport in the world to operate a 100% self-consumption […] Read more
SNEC Vibes-What Value Solar Module Warranties? Updated On Mon, Jun 24th, 2024 by Saurenergy At SNEC Shanghai, between the usual bustle and rush to see as much as possible, the one refrain that was obvious was the issue of shrinking margins for solar players. From the largest players like LONGi, JA solar and Jinko, to the smallest module players, many unknown in India, the common refrain was the issue […] Read more
Thailand, India Can Pose Challenge To China’s EV Market: Report Updated On Thu, Jun 13th, 2024 by Saurenergy Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario. The Bloomberg […] Read more
Li-Ion Batteries To Face Competition From Long-Duration Storage: Report Updated On Tue, Jun 4th, 2024 by Saurenergy Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […] Read more