UK Raises RE Auction Funds, Offshore Wind Gets Largest Gain Updated On Wed, Jul 31st, 2024 by Saurenergy The United Kingdon (UK) government recently allocated a budget of over 1.5 billion pounds to deliver homegrown clean energy projects and boost the UK’s energy security Energy Secretary unveils this large budget to deliver new homegrown clean energy projects in the UK. The budget seeks to boost energy security, secure cheap power for families, and […] Read more
Korean Varsity Finds Way To Increase Efficiency Of Perovskite Solar Cells Updated On Wed, Jul 31st, 2024 by Saurenergy Tin halide perovskites (Sn-HPs) are promising materials for next-generation solar cell technology. However, they still face issues related to stability and conversion efficiency, requiring addressal. Recently, researchers from Korea revealed that using a special additive namely “4-phenylthiosemicarbazide “can significantly enhance the performance and durability of Sn-HP-based solar cells by controlling crystal formation, passivating defects, and […] Read more
South America Could Become Next Frontier For Offshore Wind Updated On Wed, Jul 31st, 2024 by Saurenergy South America, for long the forgotten continent in solar and wind energy until the early 2020s, is playing catch up finally. Even as large solar projects have been the preserve of Brazil and Chile until now, when it comes to wind, it is offshore wind that is promising some major changes. The largest country in […] Read more
Carbon Credit Market to Soar: From $267.8 Billion to $1.2 Trillion by 2029 Updated On Tue, Jul 30th, 2024 by Saurenergy Despite the scandal involving Shell and 5.7 million tons of fraudulent carbon credits earlier this year, efforts from the carbon credit industry continue to show results, with the latest BCC research study showing an expected growth from $267.8 billion in 2023 to $1.2 trillion by 2029 at a compound annual growth rate (CAGR) of 28.4%. […] Read more
Offshore Wind Power Emerges Out of Shadows Updated On Tue, Jul 30th, 2024 by Saurenergy The world of renewable energy is diverse, including solar, hydroelectric, geothermal, and biomass. Among these, wind power is among the most efficient and scalable clean energy sources. Offshore wind energy farms promise higher energy yields and are far from residential areas, reducing noise and visual impact. As technology advances and costs drop, offshore wind power […] Read more
News In Brief July 30: Vestas Offshore Wind Farm, IFC Lent $1Bn, Siemens’ Hydrogen Project Updated On Tue, Jul 30th, 2024 by Saurenergy Vestas Secures 795 MW Offshore Wind Farm Vestas has received a wind turbine order for the OranjeWind offshore wind farm, formerly known as Hollandse Kust West VII, in the Netherlands. Vestas is responsible for the supply of 53 V236-15.0 MW wind turbines and for the supply, delivery, and commissioning of the turbines. Upon completion, Vestas […] Read more
Oman Attracts 10 GW Module/Cell Facility From Q-Sun Updated On Tue, Jul 30th, 2024 by Saurenergy Countries in West Asia continue to focus on solar capacity as well as manufacturing with some success. The latest to join the manufacturing bandwagon in the sun drenched region is Oman, where Chinese solar manufacturer Q-Sun Solar has signed a deal to develop a 10GW n-type solar module and cell manufacturing facility. According to Q-Sun, […] Read more
Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr Updated On Mon, Jul 29th, 2024 by Saurenergy In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […] Read more
JSW Neo Secures 192 MW Hybrid Power Project From GUVNL Updated On Mon, Jul 29th, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL), for a 192 MW grid-connected hybrid power project, including an additional 96 MW under the green shoe option. JSW Neo Energy, a subsidiary of JSW Energy was awarded this project against a tariff-based competitive bid invited […] Read more
