Global Solar Capacity Set to Exceed 150 GW in 2021 Updated On Tue, Mar 2nd, 2021 by Saurenergy With an expected 150 GW of fresh solar capacity to be added in 2021, solar will continue to strengthen its place as the biggest contributor to fresh capacity additions worldwide in 2021. With almost 40 GW added in 2020, numbers that defied multiple predictions of hits from the Coronavirus pandemic, markets such as the US, […] Read more
6 GW Offshore Wind Capacity Added Globally in 2020, 50% Plus in China: GWEC Updated On Mon, Mar 1st, 2021 by Saurenergy The global offshore wind industry had its 2nd best year ever in 2020 installing over 6 GW of new capacity, driven by a record year in China. According to the latest data released by GWEC Market Intelligence, the global offshore wind industry had its second-best year ever in 2020 installing over 6 GW of new […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
Nearly 30 GW Wind Capacity Auctioned in H2 2020, Growth Back on-Track: GWEC Updated On Fri, Feb 19th, 2021 by Saurenergy According to a new analysis by GWEC, nearly 30 GW of new wind capacity was awarded globally through auctions in the second half (H2) of 2020. Despite the economic and supply chain impacts felt across the world in 2020 due to COVID-19, the global wind energy industry has continued to power ahead and reach new […] Read more
Solar now the Cheapest Source of new Power in Many Markets: WoodMac Updated On Thu, Jan 21st, 2021 by Saurenergy A new report finds that by 2030, solar will become the cheapest source of new power in every US state, plus Canada, China & 14 other nations The cost of solar power has dropped 90 percent over the last two decades, and will likely fall another 15 percent to 25 percent in the decade to […] Read more
India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking Updated On Thu, Dec 10th, 2020 by Saurenergy India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […] Read more
China & India Remained Biggest Emerging Markets for Clean Energy Investments: BNEF Updated On Thu, Dec 10th, 2020 by Saurenergy According to a new report by BNEF, China and India remained the biggest emerging markets for clean energy investment As 2019 came to a close, the outlook for renewable energy growth in developing economies was exceptionally bright. Power-generating capacity from solar plants such as solar projects reached 325 gigawatts (GW), up from just 1 GW […] Read more
Renewables in APAC to be Cheaper Than Coal by 2030, Led by India Updated On Thu, Nov 26th, 2020 by Saurenergy A new report shows that most markets in the Asia Pacific (APAC) region can expect to see a cheaper levelised cost of electricity (LCOE) for renewables compared to coal by 2030. With India and Australia expected to lead the charge. The latest report by Wood Mackenzie tails that across the region, new investments in renewables […] Read more
India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA Updated On Fri, Nov 20th, 2020 by Saurenergy ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […] Read more
