Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
Price Of Solar Panel Material, Polysilicon, Touches $40.62, Highest In A Decade Updated On Thu, Jun 23rd, 2022 by Saurenergy Strong demand coupled with production glitches has pushed the price of a key material for solar panels, Polysilicon, to the highest level in more than a decade in China. Now the cost of clean energy is too high for the companies to afford even as the climate goals are in crying need of more renewable […] Read more
Germany’s Renewable Energy Pledge Blackened By Coal Updated On Wed, Jun 22nd, 2022 by Saurenergy Falling short of the energy cut short by Russia following the European support to Ukraine, Germany’s Economy Minister Robert Habeck warned on June 19 that the war in Ukraine will cause an energy shortage by the winter. What he actually meant was that the coal supply and use would be increased to compensate for the […] Read more
State Of Offshore Wind Power in India Updated On Wed, Jun 22nd, 2022 by Saurenergy The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […] Read more
Unfazed By Protests, Adani Will Expand Energy Footprint In Lanka Updated On Tue, Jun 21st, 2022 by Saurenergy Unfazed by the political storm over recent off-the-cuff remarks by MMC Ferdinando, the former Chairman of Ceylon Electricity Board, a couple of weeks ago, Adani Group has set its sights on further expanding its operations in Sri Lanka through Adani Green Energy Limited (AGEL). The expansion plan entails setting up strategic projects that include about […] Read more
Asia’s Largest Railway Hub Receives DeepBlue 3.0 for Rooftop PV from JA Solar Updated On Tue, Jun 21st, 2022 by Saurenergy Asia’s largest railway in Beijing went operational from June 20, 2022. JA Solar, a leading solar manufacturer in China, provided DeepBlue 3.0 modules for rooftop PV of Beijing Fengtai Railway Station. On Asia’s largest railway station’s rooftop, a 5.9MW distributed PV system using JA Solar DeepBlue 3.0 modules has been installed. This rooftop solar plant […] Read more
PFS, GGGI Collaborate To Establish RE Focused Infra Debt Fund Updated On Mon, Jun 20th, 2022 by Saurenergy A memorandum of understanding (MoU) agreement has been signed between India’s infrastructure finance company PTC India Financial Services (PFS) and Global Green Growth Institute (GGGI) for the establishment of an infrastructure debt fund. The objective of the debt fund is to enhance the infrastructural development in the field of renewable energy. According to the official […] Read more
JinkoSolar’s Malaysia Plant 100% Renewable Powered Now Updated On Mon, Jun 20th, 2022 by Saurenergy In a welcome development, global module major Jinko Solar has ensured that it’s overseas plant at Malaysia is powered completely by renewable energy. That makes it the first overseas plant to be 100% renewable powered. Jinko Solar was the first company to establish a “vertically integrated” production capacity from silicon material processing to wafer, cell […] Read more
Chinese EV maker Nio To Manufacture Battery Swap Stations in Europe Updated On Mon, Jun 20th, 2022 by Saurenergy Chinese automobile manufacturer and power solutions provider Nio has announced that the company will be coming up with a manufacturing plant in Europe where it will be producing battery swap stations for the overseas market. It was reported early this year that Nio was looking to hire in Hungary for a manufacturing plant. Nio is […] Read more