Global EV Market To Grow By $343 Billion In Next 4 Years: Report Updated On Wed, May 22nd, 2024 by Saurenergy The global electric vehicle (EV) market size is estimated to grow by USD 343.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.51% during the forecast period. The rise in concern over emissions from fossil fuel vehicles has spurred a surge in demand for low-emission and fuel-efficient […] Read more
EV Car Sales In India Reached 1Mn With 70% YoY Growth Updated On Tue, May 21st, 2024 by Saurenergy International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […] Read more
SJVN, Hero Future Energies Sign PPA For 120 MW AP Solar Project Updated On Wed, May 15th, 2024 by Saurenergy SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), recently signed a Power Purchase Agreement (PPA) with Hero Future Energies. The company singed this agreement with SJVN Limited for a 120 MW Firm and Dispatchable Renewable Energy (FDRE) project to be developed in Andhra Pradesh. Under the agreement, the project is expected to be commissioned […] Read more
US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding Updated On Tue, May 14th, 2024 by Saurenergy US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […] 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
Africa’s Solar Challenges: Massive Untapped Potential Shows Up Tiny Production Updated On Thu, May 9th, 2024 by Saurenergy With nearly one-fifth of the world’s population today, Africa accounts for less than 3% of the world’s energy-related carbon dioxide emissions to date and has the lowest emissions per capita of any region. But still, Africans are facing the worst consequences of climate change in the world due to several reasons. Following that, Africa also […] Read more
India Overtakes Japan To Become World’s 3rd Largest Solar Power Generator Updated On Wed, May 8th, 2024 by Saurenergy India’s growth in solar generation in 2023 pushed the country past Japan to become the world’s third-largest solar power generator, according to a report by global energy think tank Ember. It has climbed from ranking ninth in 2015. The Global Electricity Review provides the first comprehensive overview of the global power system in 2023 based […] Read more
Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER Updated On Thu, May 2nd, 2024 by Saurenergy A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […] Read more
Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand Updated On Tue, Apr 30th, 2024 by Saurenergy After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […] Read more
