Australia Risks 12-18 GW Renewable Gap Due To Slow Investment, Study Finds Updated On Mon, Feb 3rd, 2025 by Saurenergy Australia has run into plenty of problems regarding its solar capacity. 2024 saw the continuing issue of curtailments as solar was regularly oversupplied to a grid run on baseload coal and gas power. The rush to build large batteries has helped, but not enough clearly. The National Electricity Market (NEM) is stalling investment in Australia’s […] Read more
China’s March Towards 3000 GW Renewables By 2030, 2025 Solar Price Trends Updated On Mon, Feb 3rd, 2025 by Saurenergy In news from China, the National Energy Administration (NEA) of the country has confirmed that in 2024, China added 373 GW of renewable capacity. This is a 23 percent year on year rise. Those additions, which accounted for 86% of all power capacity added, also took the share of renewables in total capacity to 56 […] Read more
Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push Updated On Sat, Feb 1st, 2025 by Saurenergy The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […] Read more
News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement Updated On Fri, Jan 31st, 2025 by Saurenergy Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […] Read more
Solar Journey of Africa: 2024 in Review and the Road Ahead Updated On Fri, Jan 31st, 2025 by Saurenergy Africa is the continent with the world’s largest solar energy potential and investment is the only thing that’s keeping Africa from powering its development using this potential. The solar growth in Africa remained modest in 2024 in the face of structural challenges such as limited financing, regulatory barriers and infrastructure constraints which still impede the […] Read more
Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick Updated On Fri, Jan 31st, 2025 by Saurenergy The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […] Read more
Ethiopia Leapfrogs Ahead With Africa’s First EV Directive Updated On Fri, Jan 31st, 2025 by Saurenergy Ethiopia has approved Africa’s first EV Charging Directive, paving the way for infrastructure expansion, enforcing licensing, and setting electrification goals. Ethiopia’s latest electric vehicle (EV) charging directive aims to establish EV charging stations every 50 km. The country also plans to replace 30% of internal combustion engine (ICE) vehicles within a decade. The plan is […] Read more
O2 Power Backed Firm Wins CERC Relief For 350 MW Solar Project Updated On Thu, Jan 30th, 2025 by Saurenergy Beempow Energy Private Limited, a solar developer firm backed by O2 Power, has won a significant suit for relief at the Central Electricity Regulatory Commission (CERC). The relief, linked to its 350 MW solar project at Agar Solar Park in Madhya Pradesh, where Rewa Ultra Mega Solar Limited (RUMSL) is the designated project developer. RUMSL […] Read more
News In Brief: TotalEnergies 75MW Deal, ENGIE’s Saudi Plans, KPI Green In 300 MW Solar Deal Updated On Thu, Jan 30th, 2025 by Saurenergy TotalEnergies and STMicroelectronics In 75 MW Green Energy Deal French energy major TotalEnergies and STMicroelectronics have signed a Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France. This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh of power supply.TotalEnergies will provide STMicroelectronics, an integrated device manufacturer, […] Read more
