What The Green Industries Said About Budget 2024? Updated On Tue, Jul 23rd, 2024 by Saurenergy Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Africa Solar Progress: The Next Solar Frontier? Updated On Mon, Jul 8th, 2024 by Saurenergy Africa is a gold mine, both literally and figuratively. Providing essential resources for the global transition to clean energy, Africa also holds immense potential for renewable energy development. By 2023, the continent had 62.11 GW of renewable energy capacity installed, a figure that could rise substantially with more funding. Africa as a continent – and […] Read more
Moody’s Report Calls For Sustainable Financing To Shift Towards RE In India Updated On Thu, Jun 27th, 2024 by Saurenergy Moody, a financial service company, in its recent report, found a growing challenge faced by the renewable energy sector due to water scarcity in India. The report advocated for a shift towards renewable energy investments to mitigate these risks. Moody’s report cautions against a decrease in the per capita water due to its increased usage […] Read more
Shree Cement Reneweable Power Capacity Reaches 1GW Updated On Tue, Jun 25th, 2024 by Saurenergy Shree Cement, the third-biggest cement producer in India, announced that it has achieved 1,000 MW of installed power capacity through the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh operation. “The one GW (Gigawatt) capacity includes a mix of solar, wind, thermal and waste heat recovery power plants, showcasing Shree Cement’s […] Read more
90% Solar Manufacturing Is Concentrated In 5 Developing Countries, Says Report Updated On Mon, Jun 24th, 2024 by Saurenergy A recent report by REN21 found solar manufacturing to be concentrated geographically in just five countries, which are estimated to produce more than 90% of the global capacity for producing solar modules. These countries are namely reported to be, China which leads with around 80% of overall solar PV manufacturing capacity, followed by Vietnam, India, […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
IREDA Incorporates Subsidiary In GIFT City, Gujarat Updated On Thu, May 9th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has incorporated a wholly owned subsidiary in the International Financial Services Centre (IFSC) located in GIFT City, Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary was officially incorporated on 7th May 2024, after receiving the No Objection letter from the Reserve Bank of India on […] Read more
Central, Eastern Europe Adds 39% Electricity From RE: EMBER Updated On Mon, Apr 8th, 2024 by Saurenergy Central and Eastern European countries are advancing towards their renewables ambition, but EMBER report found it to be insufficient with their potential. The EMBER report on, “Empowering Central and Eastern Europe” underlines the importance of upcoming Three Seas Initiative Summit to secure a low cost, resilient and interconnected clean power system. It mentioned, “In 2023, […] Read more
