WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA Updated On Thu, Sep 26th, 2024 by Saurenergy The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […] Read more
Saur Energy International August 2024- The Wait for Great Renewable Deals Updated On Thu, Sep 26th, 2024 by Saurenergy Editorial What happened to those unbelievably low solar tender bids? People still remember how bids breached the Rs 2 per unit floor, back in 2020 at an auction by GUVNL. However, after a brief time, prices climbed yet again, and in a period of volatility since that the industry has rarely seen, today rule in […] Read more
Survey Highlights Easy Ride For The Richest On Carbon Emissions Updated On Thu, Sep 26th, 2024 by Saurenergy The global greenhouse gas emissions averaged 6.7 metric tons of CO2 equivalent (MtCO2e) per person in 2023. Reducing individual carbon footprints has become a central focus of sustainable development, particularly with the growing shift toward renewable energy. The push to cut emissions at the source has also introduced mechanisms like carbon markets, aimed at distributing […] Read more
Purvah Green, Ecoren Collaborate For 686.85 MW Wind Project Updated On Thu, Sep 19th, 2024 by Saurenergy Today, West Bengal-based Purvah Green Power Private Limited, entered into a binding term sheet with Ecoren Energy India, which is neither a related party nor a part of the promoter or promoter group of the company. This agreement between the CESC subsidiary, Purvah Green Power, and Hyderabad-based Ecoren Energy is undertaken to build a wind […] Read more
World Is On Track To Add 593 GW Solar Power By 2024: EMBER Updated On Thu, Sep 19th, 2024 by Saurenergy The world this year saw a strong increase in solar energy installation which is now estimated to install 593 GW of solar panels by the end of this year i.e., in 2024, according to the latest report by EMBER. A recent report by the research organization found that at the current rate of installation, solar […] Read more
RE Project Delays Can Halt Global 2030 Targets: IEA Updated On Wed, Sep 18th, 2024 by Saurenergy Globally, the recent shift in solar PV and wind demand highlights the urgent need for timely integration of these technologies. Such integration is crucial for achieving global decarbonization goals and can significantly contribute to meeting growing electricity demands by 2030. The International Energy Agency (IEA), in its recent report titled “Integrating Solar and Wind: Global […] Read more
H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY Updated On Tue, Sep 17th, 2024 by Saurenergy Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$ 42 billion, a 3% increase YOY. Whereas, the developers in […] Read more
COP29 Presidency Proposes 1,500 GW Energy Storage Target By 2030 Updated On Tue, Sep 17th, 2024 by Saurenergy The Conference of Parties (COP29) Presidency today announced its Initiatives as part of its “Action Agenda” to give an impetus to climate action and to supplement the formal negotiated COP agenda. In a letter addressed to all Parties and non-party stakeholders, COP29 President-Designate Mukhtar Babayev outlined the details of the package and how global stakeholders […] Read more
Solis Hits 100GW Milestone With Record 13.3GW Shipments In H1 2024 Updated On Mon, Sep 16th, 2024 by Saurenergy Ningbo, China based Solis, a global leader in solar inverter technology, has announced that it has surpassed the 100GW mark in cumulative global shipments. In hitting the mark, Solis joins a limited league of firms to have achieved the benchmark, and considering its initial focus on smaller sized inverters, the achievement is all the more […] Read more
