Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC Updated On Wed, Apr 28th, 2021 by Saurenergy In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […] Read more
Adani Green Continues Brisk Start to 2021, With 50 MW Solar Plant in UP’s Chitrakoot Updated On Wed, Apr 14th, 2021 by Saurenergy In an official statement today, Adani Solar Energy Chitrakoot One Limited (ASECOL), a subsidiary of Adani Green Energy Limited (AGEL), said that it has commissioned a 50 MW solar power plant in Chitrakoot, Uttar Pradesh (UP). “The plant has a 25-year-long Power Purchase Agreement (PPA) with the Uttar Pradesh Power Corporation Limited (UPPCL) at Rs 3.07/kwh,” […] Read more
Solar Country Rankings. The top 5 in Past 5 Years, the Next 5 Years Updated On Tue, Apr 6th, 2021 by Saurenergy The explosion in solar capacity in the past decade, particularly since 2015, has been out there for all to see. It was just a few years back in 2012 that the world celebrated topping the 100 GW mark in solar. Contrast that with 2021, when the world expects to add 150 GW in just the […] Read more
Global Wind Energy Growth Must Triple by 2030 to Achieve Net-Zero: GWEC Updated On Thu, Mar 25th, 2021 by Saurenergy 2020 was the best year in history for global wind industry, but a new report warns that this growth is not enough to achieve net-zero by 2050 2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 percent year-on-year increase – but a […] Read more
Wind and Solar Can Improve Energy Security and Independence in Albania Updated On Thu, Mar 25th, 2021 by Saurenergy IRENA’s renewables readiness assessment offers Albania recommendations to align energy policy with growth and climate agendas A new report published today by the International Renewable Energy Agency (IRENA) shows that Albania could significantly improve its energy security and reduce energy system vulnerability to climate impacts by deploying its vast solar and wind resources. Full exploration of national […] Read more
South Africa Planning RE Investments & 3 Power Ships to Tackle Power Crisis Updated On Mon, Mar 22nd, 2021 by Saurenergy South Africa has announced its new plans to ease the severe electricity crisis in the country, including three offshore power ships, greater use of solar and wind energy, and other renewable energy (RE) investments. Minister of Mineral Resources and Energy Gwede Mantashe, had recently announced eight chosen bidders in the government’s emergency risk mitigation program, […] Read more
25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
Fast-Track Energy Transitions to Win the Race to Zero Updated On Tue, Mar 16th, 2021 by Saurenergy World Energy Transitions Outlook outlines global strategies towards carbon-neutrality and leads way to a climate-safe 1.5°C pathway by 2050 Proven technologies for a net-zero energy system already largely exist today, finds the preview of World Energy Transitions Outlook by the International Renewable Energy Agency (IRENA). Renewable power, green hydrogen and modern bioenergy will dominate the world […] Read more
Renewables Can Lower Energy Costs and Boost Energy Security in Antigua and Barbuda Updated On Thu, Mar 11th, 2021 by Saurenergy IRENA report shows renewable generation, green hydrogen and EVs are the most cost-effective energy strategy for the Caribbean island Antigua and Barbuda can significantly reduce its dependence on imported fossil fuels while driving down electricity costs for citizens, by meeting its energy needs exclusively through indigenous renewable energy resources, green hydrogen and full electric vehicle […] Read more