14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
2023 Hottest Year On Record, But Solar Power Delivers Updated On Thu, Jan 11th, 2024 by Saurenergy Europe based Solargis, focused on solar data and software, has analyzed the annual performance of solar irradiance for 2023, revealing the trends and variations of solar irradiance across the globe. The analysis shows that global solar irradiance remained relatively stable or increased in some regions, despite the record-breaking heat and extreme weather events driven by […] Read more
€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal Updated On Tue, Jan 9th, 2024 by Saurenergy The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […] Read more
Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC Updated On Thu, Dec 28th, 2023 by Saurenergy Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Maharatna Public Sector Enterprise. The project was awarded to […] Read more
With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales Updated On Thu, Dec 7th, 2023 by Saurenergy Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion […] Read more
Energy Efficiency In G20 Countries Increased By Four Percent: IEA Report Updated On Tue, Dec 5th, 2023 by Saurenergy A latest report of the International Energy Agency (IEA) on energy efficiency emphasized that a doubling of efficiency progress has the potential to reduce energy bills by one-third. It said that it has the potential to reduce carbon dioxide (CO2) emissions by 50% in 2030. The report underscores the pivotal role the G20 countries can […] Read more
Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA Updated On Mon, Dec 4th, 2023 by Saurenergy IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […] Read more
SOFAR & BelEnergy to Boost LATAM’s Renewable Energy Development Updated On Thu, Nov 30th, 2023 by Saurenergy SOFAR, a global provider of all-scenario PV & ESS solutions, announced that it has entered into a partnership with BelEnergy for the national distribution of the firm’s extensive solar and storage portfolio. With more than 250 thousand solar plants running nationwide, the rising number of end customers will be able to have access to SOFAR […] Read more
Sterlite Power Wins 8 GW Green Energy Transmission Project in Rajasthan Updated On Thu, Nov 30th, 2023 by Saurenergy Sterlite Power, a private sector power transmission developer, has secured an order for Rajasthan REZ Ph-IV (Part-1-Bikaner Complex): Part-B Transmission project. With this order win, Sterlite Power has secured its third Green Energy Corridor (GEC) project in the state of Rajasthan. Sterlite Power will be building this project on a BOOT (Build, Own, Operate, Transfer) […] Read more
