IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
Octopus Australia To Develop 1 GW Wind Farm, Acquires Land For Project Updated On Thu, Jun 6th, 2024 by Saurenergy UK-based Wind Energy firm subsidiary, Octopus Australia has announced the successful acquisition of an additional 28,000 hectares of land near Deniliquin, NSW, for the development of the new 1GW Merino Wind Farm. This land is adjacent to the 400MW Saltbush Wind Farm also owned by Octopus. According to Octopus, with this latest acquisition, the company […] Read more
KPI Green To Light Up 26.15 MW Solar Plant, With Order From 20 Textile Companies Updated On Thu, Jun 6th, 2024 by Saurenergy Gujarat-based KPI Green Energy has received an order to develop a 26.15 MW solar power plant from an aggregation of textile firms in Gujarat. This order was received by KPI subsidiary, Sun Drops Energia, to develop the project under the captive power producer (CPP) segment. KPI has been particularly strong in the segment as an […] Read more
SaurEnergy Explains- What’s the Stink Around Carbon Credits? Updated On Wed, Jun 5th, 2024 by Saurenergy On today’s episode of why we can’t have good things easily, carbon credits get to be in the limelight. Originally proposed in 1997 with the Kyoto Protocol as a way for companies to fund the development of renewable and carbon-offsetting projects, carbon credits utilize third party firms who sell carbon credits and use the money […] Read more
EU Commission Approves Italian Scheme To Support 4590 MW RE Production Updated On Wed, Jun 5th, 2024 by Saurenergy European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […] Read more
Li-Ion Batteries To Face Competition From Long-Duration Storage: Report Updated On Tue, Jun 4th, 2024 by Saurenergy Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […] Read more
PM Surya Ghar Enters Mission Mode As MNRE Sets Up Directorate Updated On Tue, Jun 4th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now issued a notification to set up a Mission Directorate to expedite the growth of rooftop solar in the country. This comes months after Prime Minister Narendra Modi announced the ambitious PM Surya Ghar scheme this year to pave the way for the installation of residential […] Read more
Bihar Proposes To Reduce Timelines For Rooftop Solar Installations Updated On Tue, Jun 4th, 2024 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has now come up with its latest draft regulation to pave the way for reduced timelines for rooftop solar projects. This comes after the Union government is pushing residential rooftop projects with increased subsidies and ambitious targets. The state commission has issued the draft paper and asked the stakeholders […] Read more
32 American Forest Villages Get Clean Power From Solar Microgrids Updated On Tue, Jun 4th, 2024 by Saurenergy Power Construction Corporation of China (Powerchina) officially handed over the first site of the second phase of a microgrid photovoltaic project in Suriname recently. Chandrikapersad Santokhi, President of the Republic of Suriname, and Chinese Ambassador to Suriname,Han Jing, among other dignitaries, attended the handover ceremony. The landmark project will provide more people in remote villages […] Read more
