Expediting Clean Energy Transition Improves Living Standards: IEA Updated On Thu, May 30th, 2024 by Saurenergy Transitions to clean energy are affecting the cost of living the world over. According to a new report by the International Energy Agency (IEA), speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly The IEA report, Strategies for Affordable and […] Read more
Clean Energy Investments Driving Global Job Creation, Finds Study Updated On Thu, May 9th, 2024 by Saurenergy Investment in the manufacturing of clean energy technologies, especially solar PV and batteries is expediting the process of creating new jobs and employment opportunities, according to a new report published by International Energy Agency. The agency said that investments related to clean energy technologies have become a powerful economic driver globally. The global investment in […] Read more
Clean Energy Investments Reach 200 Billion In 2023, Says IEA Report Updated On Tue, May 7th, 2024 by Saurenergy The International Energy Agency (IEA) in its recent report found that renewable energy investments reached approximately USD 200 billion in 2023. The renewable energy investment reportedly witnessed a 70% increase compared to 2022. Among the renewable energy investments, sectors such as clean technology, solar PV, and battery manufacturing received more than double the investment, reaching around […] Read more
UK Invests £400K For National Grid Innovation Projects Under Ofgem Fund Updated On Tue, Mar 19th, 2024 by Saurenergy National Grid Electricity Transmission (ET) a UK-based organisation that maintains high-voltage electricity networks in England was recently awarded £135,000 for a project. This project was undertaken to research new ways to monitor the health of cables in future hybrid AC/DC networks, spot issues in offshore links early, and avoid unplanned outages. They undertook this initiative […] Read more
EU Adopts Plans For New Energy Efficient Building, Revises Solar Standard Rules Updated On Thu, Mar 14th, 2024 by Saurenergy European Union (EU), Member of European parliament (MEP) recently adopted plans, to build energy efficient buildings. These plans were agreed upon by council, to help reduce energy consumption and greenhouse-gas emissions from the buildings sector. The EU solar standard for new building is to be executed from 2026 which are required to have solar rooftop […] Read more
Biden Invests $366 Mn To Lower Energy Cost In Remote Communities Updated On Wed, Feb 28th, 2024 by Saurenergy US President Joe Biden announced a $366 million investment for 17 projects across 20 states and 30 communities. This investment announcement is part of President Biden’s investing in America agenda, under the US Department of Energy (DOE) to accelerate clean energy deployment in rural and remote areas across the country. This funding was made possible […] Read more
EU Finalizes Net-Zero Industry Act, Boosts Green Technology Deployment Updated On Wed, Feb 7th, 2024 by Saurenergy The Council and the European Parliament recently reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘Net-Zero Industry Act’ (NZIA). Under the agreement, there will be a single list of net-zero technologies, with criteria for selecting strategic projects in those […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
