Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA Updated On Wed, Jun 23rd, 2021 by Saurenergy The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […] Read more
Yinson Partners with Verano For 800MW Solar Projects in Latin America Updated On Tue, Jun 22nd, 2021 by Saurenergy Chile-based renewable energy project developer Verano Capital, and Yinson Renewables Pte Ltd, a global solar IPP and part of Yinson Holdings Berhad group, have agreed to collaborate on renewable energy projects in Chile, Colombia and Peru. The collaboration initially targets to build a pipeline of over 800MW of utility-scale solar projects, of which 330MW are […] Read more
Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac Updated On Thu, Jun 17th, 2021 by Saurenergy Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […] Read more
WindEurope Calls for Ban on Landfilling Turbine Blades Updated On Thu, Jun 17th, 2021 by Saurenergy European Wind Energy Association, now WindEurope has asked for a Europe-wide landfill ban on decommissioned wind turbine blades by 2025. At the Spanish Wind Energy Association (AEE)’s Annual Congress Giles Dickson, CEO of WindEurope, and Juan Virgilio Márquez, General Director of AEE, yesterday called upon the European Commission to propose a Europe-wide ban on landfilling […] Read more
JSW Steel, CSIR-NCL, Scotland Join ‘India H2 Alliance’ Updated On Thu, Jun 17th, 2021 by Saurenergy The India H2 Alliance has expanded its membership with the inclusion of JSW Steel, which joins the IH2A energy transition coalition as the Steel and Cement Work Group lead, along with two government agencies – CSIR-National Chemicals Laboratory (CSIR-NCL) and Scottish Development International (SDI), the international arm of the Scottish Government; and three national sustainability […] Read more
Sungrow Partners With UCC for Distribution In Bangladesh Updated On Wed, Jun 16th, 2021 by Saurenergy Leading global inverter solution supplier, Sungrow has today announced its partnership with United Computer Center (UCC) to enhance the company’s distribution networks for commercial & industrial, residential inverters in Bangladesh. Sungrow has a wide portfolio of products for applications in distributed generation markets covering product verticals within commercial and industrial, as well as residential inverters. […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
Wind-powered Economical Green H2 by 2030 Possible: Siemens Gamesa Updated On Thu, Jun 10th, 2021 by Saurenergy Spanish wind turbine technologies company Siemens Gamesa yesterday released a white paper entitled ‘Unlocking the Green Hydrogen Revolution’ that outlines an ambitious plan to deliver cost-competitive green hydrogen by 2030 from onshore wind and by 2035 from offshore wind. The renewable energy company says that achieving carbon neutrality by 2050 is crucial to fight climate change and […] Read more
Clean Energy Investment in Developing Economies a Global Priority: IEA Updated On Thu, Jun 10th, 2021 by Saurenergy New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […] Read more