Tech Investments To Slash Solar Energy Costs By Up to 60%: ISA Updated On Thu, Nov 21st, 2024 by Saurenergy Solar energy has been identified as key to bridging energy gaps in low-income countries, ensuring access for over 1 billion people globally through various grid-connected and decentralized solutions. According to a report by the International Solar Alliance (ISA), by 2050, solar adoption is projected to create over 27 million green jobs worldwide, offering significant opportunities […] Read more
Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
Tata Power, DGPC Forge Partnership For Clean Energy in Bhutan Updated On Wed, Nov 20th, 2024 by Saurenergy In a move towards regional energy cooperation, India’s integrated power company Tata Power has partnered with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy capacity. This collaboration aims to bolster energy security and accelerate the transition to sustainable energy across South Asia. Key Highlights of the Collaboration Strengthening Bhutan’s […] Read more
EIG’s Fidra Energy, Sungrow Partner For 4.4GWh BESS Projects Updated On Tue, Nov 19th, 2024 by Saurenergy Fidra Energy and Sungrow recently signed a 4.4 GWh energy storage partnership agreement to support Fidra’s plans to establish a 10 GW battery energy storage system (BESS) platform across the United Kingdom (UK) and other European markets by 2030. Under the Agreement, Sungrow will supply its liquid-cooled energy storage system (ESS) PowerTitan 2.0 to two […] Read more
AMPIN Energy, CIP Partner To Create $3 Bn RE Asset Base In India Updated On Tue, Nov 19th, 2024 by Saurenergy AMPIN Energy Transition, and Copenhagen Infrastructure (CIP) have announced a second partnership to develop another ~2 GWp of renewable energy projects across India. This new investment in excess of USD 300 million would help create a renewable energy asset base of approx. USD 1.5 billion. This partnership follows the existing partnership that AMPIN and CIP […] Read more
Long-Duration Energy Storage Needs To Touch 8 TW By 2040: Report Updated On Mon, Nov 18th, 2024 by Saurenergy The world’s energy systems are not decarbonising quickly enough to meet global sustainability commitments, and immediate action must be taken to rapidly deploy long-duration energy storage (LDES) technologies to efficiently integrate the growing amount of renewable energy now coming online, according to a new report. The inaugural Annual Report from the Long Duration Energy Storage […] Read more
Lohum Inducts Exide Energy’s Arun Mittal As CEO Updated On Thu, Nov 14th, 2024 by Saurenergy Lohum, India’s largest producer and processor of sustainable critical minerals and one of the largest outside China, has announced the appointment of Arun Mittal as the new Chief Executive Officer (CEO) of Lohum India, a part of Lohum Corporation, effective immediately. Mittal joins from Exide Energy, where he served as Managing Director & CEO. Mr. […] Read more
Starting Jan 1, China’s Grid to Prioritise Renewable Energy, By Law Updated On Wed, Nov 13th, 2024 by Saurenergy China’s first Energy law comes into effect on January 1, 2025, and promises to change the energy markets in many ways from the beginning. The law, meant to support the transition to green energy in an orderly way, among many other things, will introduce many new rules and processes for the energy market. According to […] Read more
Global Push for Energy Efficiency Targets Faces Hurdles, Progress Stagnates Updated On Mon, Nov 11th, 2024 by Saurenergy At the 2023 COP28 summit, nearly 200 countries agreed to double the global rate of energy efficiency improvements by 2030. This decision highlights energy efficiency as a critical part of the clean energy transition. However, one year later, progress remains slow, with improvements in energy efficiency showing only a modest increase of about 1% in […] Read more