NDCs 3.0 A Key For Global Goal To Triple RE By 2030: IRENA Updated On Mon, Nov 11th, 2024 by Saurenergy Even if all COP announcements to date were to be fully implemented, a significant CO2 emission gap would still need to be closed by 2050, according to the World Energy Transitions Outlook 2024 of IRENA. Released at the opening of the UN Climate Conference COP29 in Baku, Azerbaijan, the Agency’s 1.5°C Scenario outlines a net-zero […] Read more
Could The Trump Presidency Cast A Shadow On Indian Solar Module Makers? Updated On Fri, Nov 8th, 2024 by Saurenergy The re-election of Donald Trump as the new President of the United States (US) may alter the market dynamics for Indian solar module manufacturers. Speculations are now rife over the likely fate of the Indian solar industry with Trump’s re-election. Those who have business interests in the US solar market are likely to get affected […] Read more
Solar Manufacturing Cuts Silicon Use By 88%, Makes Solar Affordable: Report Updated On Wed, Nov 6th, 2024 by Saurenergy Globally, solar energy has soared, from 1.22 GW in 2000 to 1,418.97 GW in 2023, with solar manufacturing projected to exceed demand, making solar more affordable. Solar jobs have followed suit, which have surged to 7.1 million, and global capacity is also expected to see gains, reaching 7,203 GW by 2030. The International Solar Alliance […] Read more
More Actions Needed To Achieve Net-Zero Targets: Wood Mackenzie Updated On Wed, Oct 30th, 2024 by Saurenergy A string of global shocks has likely put 2030 emissions reduction targets out of reach. But with decisive action, there is still time to reach net zero emissions by 2050, according to Wood Mackenzie’s Energy Transition Outlook report, an assessment of the global journey towards a lower-carbon future. The new report analyses four different pathways […] Read more
Sunora Solar Partners With Gujarat Giants For Pro Kabaddi League Updated On Fri, Oct 25th, 2024 by Saurenergy Sunora Solar and the Gujarat Giants have formally joined forces for Pro Kabaddi League Season 11! This partnership aims to assist one of the league’s teams and promote renewable energy. Sunora Solar stands with the Gujarat Giants as they get ready to show their prowess on the kabaddi court, advocating for a sustainable future driven […] Read more
ADB Approves $434.25 Mn Loan To Setup Solar Facility In Assam Updated On Fri, Oct 25th, 2024 by Saurenergy The Asian Development Bank (ADB) recently approved a $434.25 million loan to increase renewable energy capacity and improve energy security in the state of Assam, India. “Addressing the renewable energy capacity shortage in Assam is crucial to meet growing demand and reduce dependency on fossil fuels,” said ADB Principal Energy Specialist Jiwan Acharya. “This project […] Read more
Surged Financial Backing Spurring the Indian RE Growth: Report Updated On Wed, Oct 23rd, 2024 by Saurenergy As the country pushes toward achieving 500 GW of non-fossil fuel energy by 2030, renewable energy now comprises 43.5% of India’s total power capacity, signaling exponential growth for the industry, a latest report from Rubix Data Sciences said. The report offers key insights into the key drivers, emerging trends, and challenges shaping the renewable energy […] Read more
IEA Flags Supply Side Risks For Global Energy Security Updated On Tue, Oct 22nd, 2024 by Saurenergy The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […] Read more
Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
