Indonesia Ramping Up Solar Capacity to Meet 18 GW Target For 2025: Report Updated On Tue, Sep 14th, 2021 by Saurenergy Indonesia is considering how to reduce its growing greenhouse gas emissions. A moratorium on new coal power plants bodes well for growth of solar power in Indonesia. Yet harnessing solar power requires government action such as improving transparency around power purchase agreements and revising long- term power plans. A new report, jointly produced by BloombergNEF, […] Read more
UK to Hold 4th Renewable Auction Backed by $277 M Updated On Tue, Sep 14th, 2021 by Saurenergy The UK government is allocating £200 million ($277 million) to support offshore wind projects in the fourth and biggest-ever round of its flagship renewable energy scheme. The Contracts for Difference (CfD) scheme is the UK government’s primary method of encouraging investment in low-carbon electricity. Launched in 2014, it is open to projects operating in Great Britain. It […] Read more
Saudi Arabia Gets Serious About Solar to Meet National, Youth Aspirations Updated On Mon, Sep 13th, 2021 by Saurenergy Saudi Arabia is on a tight deadline. The kingdom has set itself some of the most ambitious economic and social targets in the region, with an aim to revamp its economy completely. Underpinning this drive for change is its youth population, now better equipped than ever to contribute productively. Not only does the kingdom want […] Read more
Reflections on World EV Day Updated On Fri, Sep 10th, 2021 by Saurenergy September 9, or World EV day, went by with a flurry of activities to commemorate the same. This writer too spent time moderating panelists at an event to commemorate progress, followed up by ‘fireside chat’ with an Electric Bus specialist for India. What came out really strongly was the overall optimism across the EV space, […] Read more
Mitsubishi, Amazon to Build 450 Solar Plants Totalling 20 MW in Japan Updated On Thu, Sep 9th, 2021 by Saurenergy Japanese trading company Mitsubishi Corporation has signed a long-term corporate power purchase agreement, through which it will supply electricity to data centres owned and operated by online retail giant Amazon’s subsidiary Amazon Web Services. Facilitated by MC Retail Energy Co., Ltd., this corporate PPA represents Amazon’s first use of renewable energy in Japan. Under the agreement’s […] Read more
Irish Sovereign Fund to Invest €1bn in Climate Projects Over 5 Years Updated On Thu, Sep 9th, 2021 by Saurenergy The Ireland Strategic Investment Fund (ISIF), managed by the National Treasury Management Agency (NTMA), has set out plans to invest €1bn in climate action projects over the next 5 years. The country’s sovereign fund will support green projects comprising renewables and battery storage till 2026. ISIF made the announcement alongside the publication of its half-year […] Read more
Ola Electric S1 Scooters Sale Begins Today, Starting at Rs 99,999 Updated On Wed, Sep 8th, 2021 by Saurenergy Bangalore-based Ola Electric Mobility is opening the purchase of its electric Ola S1 scooters from today, i.e. September 8, in two variants — S1 and S1 Pro — at Rs 99,999 and Rs 1,29,999, respectively. The two-wheeler manufacturer launched the two new scooters (ex-showroom including FAME II subsidy and excluding state subsidies) last month. Deliveries will […] Read more
Egypt Set To Catch Up On Solar Growth In Coming Years Updated On Wed, Sep 8th, 2021 by Saurenergy GlobalData’s has released a new report, ‘Egypt Power Market Outlook to 2030, Update 2021 – Market Trends, Regulations, and Competitive Landscape’ to evaluate and project the Egyptian power market to 2030. Egypt, despite having very favourable conditions for renewable energy, especially solar power, has lagged until recently, like much of the countries in the African […] Read more
Could KUSUM Deliver Crucial GW’s to Solar Target for 2022 Updated On Wed, Sep 8th, 2021 by Saurenergy India’s solar capacity target of 100 GW installations by 2022, which has been hit by multiple blows due to payments, policy, legal and finally the covid hurdle, has been up for speculation for some time now. While some of us observers have been predicting a miss since 2019, others have become more insistent about it […] Read more
