RE Investment Needs Restructuring Favoring Global South: IRENA Updated On Tue, Nov 12th, 2024 by Saurenergy IRENA World Energy Transition Outlook identified that there is a geographic concentration of investments, and calls for structural changes to close the financing gap faced by the countries of the global south. According to the report’s findings, among the advanced economies of 38 countries, which make up 14% of the world’s population and represent 40% […] Read more
More Actions Needed To Achieve Net-Zero Targets: Wood Mackenzie Updated On Wed, Oct 30th, 2024 by Saurenergy A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s Energy Transition Outlook report, an assessment of the global journey towards a lower-carbon future. The new report analyses four different pathways […] Read more
Clean Energy Projects Dominate In Nine BRICS Countries: Report Updated On Tue, Oct 22nd, 2024 by Saurenergy BRICS is set to hold its latest summit in Russia, marking the 16th annual summit for the association. The summit will take place from the 22nd to the 24th of October this year to discuss the burgeoning economic and global challenges faced by the countries. The summit also sets the stage to evaluate the changes […] Read more
IEA Flags Supply Side Risks For Global Energy Security Updated On Tue, Oct 22nd, 2024 by Saurenergy The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […] Read more
Cabinet Approves India to Join International Energy Efficiency Hub Updated On Fri, Oct 4th, 2024 by Saurenergy The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the signing of ‘Letter of Intent’ thus enabling India to join the ‘Energy Efficiency Hub’. India will join the International Energy Efficiency Hub (Hub), a global platform dedicated to fostering collaboration and promoting energy efficiency worldwide. This move solidifies India’s commitment to sustainable […] Read more
WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA Updated On Thu, Sep 26th, 2024 by Saurenergy The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […] Read more
415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals Updated On Thu, Sep 5th, 2024 by Saurenergy The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […] Read more
India Finds Lithium Resources in Madhya Pradesh, Karnataka Updated On Fri, Jul 26th, 2024 by Saurenergy Minister of State For Earth Sciences Jitendra Singh in his recent statement before the Parliament talked about the steps taken by the government to expedite the exploration of Lithium in areas beyond Jammu and Kashmir and Rajasthan. The minister shared that Atomic Minerals Directorate for Exploration and Research (AMD), a constituent unit of Department of Atomic […] Read more
Low Solar Prices In China-The Indian Perspective Updated On Thu, Jun 20th, 2024 by Saurenergy Spending time at SNEC PV last week at Shanghai in China, one couldn’t help but wonder about the end game as far as current low solar prices go. For starters, despite the stubbornness of the Indian government when it comes to offering a friendly, or even reciprocal approach to the Chinese, that is still missing […] Read more
