New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA Updated On Tue, May 17th, 2022 by Saurenergy A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […] Read more
EU Crunches Permit Process for RE projects To Under One year To Speed Growth Updated On Tue, May 10th, 2022 by Saurenergy The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member […] Read more
Battery Boom Could Redraw Geopolitical Order Updated On Fri, May 6th, 2022 by Saurenergy Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […] Read more
Bosch to invest €500 million to develop components for hydrogen electrolysis Updated On Fri, May 6th, 2022 by Saurenergy Bosch has announced that it will be investing €500 million to develop components for hydrogen electrolysis by the end of this decade that will help heighten green hydrogen production that will be used in transport and different sectors. A stack is the core component of an electrolyzer. Bosch has revealed in its annual information convention […] Read more
Germany’s Solarwatt in tie-up to boost household energy self-sufficiency Updated On Thu, May 5th, 2022 by Saurenergy Germany’s Solarwatt has entered a partnership with home technology and heating specialist Stiebel Eltron to help households escape dependence on fossil fuels, the solar company said on Wednesday. Owners of rooftop photovoltaic (PV) systems can save money and carbon emissions if they store unused electricity in batteries to be used later around the house, to […] Read more
Germany Pledges €10 billion support for India to achieve 500GW RE by 2030 Updated On Wed, May 4th, 2022 by Saurenergy Prime Minister Narendra Modi and Germany Chancellor Olaf Scholz signed a joint declaration in Berlin according to which Germany has pledged €10 billion ($10.52 billion) support to India until 2030 to help the country meet its target of raising its non-fossil energy generation capacity to 500 GW. PM Modi and Chancellor Scholz signed a joint […] Read more
Danish Wind Energy Component Maker Polytech Opens India Manufacturing Facility Updated On Fri, Apr 29th, 2022 by Saurenergy Polytech is establishing a facility in Bangalore, India. The facility will open in early Q4 2022. India is the third fastest growing wind market in the world with approximately 60 GW new capacity to be installed by 2030 (projected by Wood Mackenzie, 2021). This projection fits in well with the Indian Government’s recent announcement on […] Read more
Renault Looks to Separate Electric Vehicles’ Business Updated On Tue, Apr 26th, 2022 by Saurenergy Renault has said that it might separate its electric vehicle vertical from the rest of the car making business. Renault informed that it might exercise the option of going for a public listing of the business in the second half of 2023. Groupe Renault is a century old French carmaker and is currently 16th largest automotive […] Read more
Nordex Group receives 1.2 GW turbine orders Q1 2022 Updated On Fri, Apr 22nd, 2022 by Saurenergy Germany-based manufacturer of onshore wind turbines Nordex Group recorded an order intake of 229 turbines with a total capacity of 1,165 MW in the first quarter of 2022 (Q1/2021: 1,247 MW). The share of the efficient and high-margin Delta4000 series amounted to 91 percent (Q1/2021: 73 percent). The Nordex Group received orders from ten European […] Read more
