The Future In Focus As Trina Solar, Tongwei In JV For Ingots, Wafers, 210 Series Updated On Thu, Nov 19th, 2020 by Saurenergy The battle for the next stage of solar growth continues to intensify, with the announcement of a Joint venture between two more Chinese majors, Trina Solar and Tongwei. Both are large, established players, with Tongwei a particularly key supplier of cells to the industry in China. The new JV hopes to fill in to critical […] Read more
UK To Target 100% EV’s by 2030, a Decade Earlier Than Planned Updated On Tue, Nov 17th, 2020 by Saurenergy It was only in February this year, that British Prime minister Boris Johnson had announced plans to bring forward the date to ban petrol and diesel cars from the UK to 2035. From the earlier target date of 2040. Now, multiple reports say that the new date will be 2030, likely to be announced as […] Read more
Azure Power Posts Q2 2020 Financial Results Updated On Wed, Nov 11th, 2020 by Saurenergy Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […] Read more
To Meet Climate Targets, Renewable Investments Need Tripling: Report Updated On Wed, Nov 11th, 2020 by Saurenergy To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […] Read more
India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA Updated On Wed, Nov 11th, 2020 by Saurenergy IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […] Read more
GECF Ministerial Meeting and associated events to be held virtually Updated On Tue, Nov 10th, 2020 by Saurenergy The yearly Ministerial Meeting of the Gas Exporting Countries Forum (GECF) will take place on 12 November under the rotating Presidency of the Democratic People’s Republic of Algeria. The meeting, and its related events, will convene virtually owing to the COVID-19 pandemic. The 22nd Ministerial Meeting will discuss the current issues related to the gas […] Read more
Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
Storage Emerging As Issue For Europe’s RE Growth Updated On Mon, Nov 9th, 2020 by Saurenergy Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […] Read more
Fortum Partners up to Boost EV Charging Infrastructure Growth in India Updated On Mon, Nov 9th, 2020 by Saurenergy To bolster EV charging infrastructure in India, Fortum signed an agreement whereby Finnfund will invest in a minority share of Fortum Charge and Drive India To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority […] Read more
