Solar Tariffs Down to a Record Low of Rs 4.03/kWh in Greece Updated On Tue, Apr 7th, 2020 by Saurenergy The latest round of renewable energy tenders was recently held in Greece, solar tariffs dropping to a record low of EUR 0.04911/kWh or Rs 4.03/kWh. The latest round of renewable energy tenders was recently held in Greece, with awards for 502.94 MW wind and solar projects in total and solar tariffs dropping to a record […] Read more
Renewables Account for Almost Three Quarters of New Capacity in 2019 Updated On Mon, Apr 6th, 2020 by Saurenergy The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […] Read more
JinkoSolar’s Australian Arm Inks 1-Yr Line of Credit Pact with NAB Updated On Sat, Apr 4th, 2020 by Saurenergy JinkoSolar Australia, an Australian arm of NYSE-listed JinkoSolar Holding Co. Ltd, has entered into a one-year AUD 37 million line of credit agreement with the National Australia Bank (NAB), one of the four largest financial institutions in Australia. JinkoSolar is one of the largest and most innovative solar module manufacturers across the globe. As per […] Read more
Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
Over 60 GW of Wind Energy Capacity Installed in 2019: GWEC Updated On Thu, Mar 26th, 2020 by Saurenergy According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW of new capacity worldwide According to a new report, 2019 was the second-biggest year for wind energy historically, with installations of over 60 GW (60.4 GW) of new capacity worldwide and year-on-year growth of 19 […] Read more
Global Wind Turbine Market to Surpass $8.5 Bn by 2029: Report Updated On Wed, Mar 18th, 2020 by Saurenergy The global wind turbine materials market is forecast to witness a significant growth of around 7% CAGR to surpass USD 8.5 billion by 2029 The global wind turbine materials market is estimated to be valued USD 5,012 Million by 2019 end and is forecast to witness a significant growth of around 7 percent CAGR during […] Read more
IRENA Invites RE Developers to Register Projects on Investment Platform Updated On Tue, Mar 17th, 2020 by Saurenergy IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […] Read more
Jakson to Set Up Assam’s Biggest Solar Plant; Plans to Invest Rs 300 Cr Updated On Fri, Mar 13th, 2020 by Saurenergy Jakson Group, country’s one of the leading diversified energy and EPC solutions provider, is planning to invest Rs 300 crore in the state of Assam by setting up the state’s biggest solar power plant having 70 MW capacity. The move came after the Noida-headquartered company had won the bid for developing this 70 MW grid […] Read more
Off-Grid Energy key to Power Growth in Emerging Markets: WoodMac Updated On Thu, Mar 12th, 2020 by Saurenergy A new analysis from Wood Mackenzie has predicted that the next decade presents a huge opportunity for the off-grid energy access sector. An estimated 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity. While investments in energy access have rapidly accelerated since 2016, total […] Read more