Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF Updated On Thu, Feb 22nd, 2024 by Saurenergy The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […] Read more
World Bank Allocates $300 Mn For RE Projects in Eastern & Southern Africa Updated On Fri, Feb 16th, 2024 by Saurenergy The World Bank has extended a facility of close to $300 million to the Eastern and Southern African Trade and Development Bank (TDB), to support distributed renewable energy (DRE) and clean cooking private sector projects in eligible countries of the World Bank’s International Development Association (IDA) that are TDB member states. This new facility follows […] Read more
Yearly Review: India Added More Coal Power Than Wind In 2023 Updated On Mon, Feb 5th, 2024 by Saurenergy The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […] Read more
JSW Group To Invest Rs 40,000 Crore In Odisha For EV Projects Updated On Tue, Jan 23rd, 2024 by Saurenergy Odisha government on Monday approved a special package pertaining to JSW’s projects related to electric vehicle and component manufacturing in Naraj, Cuttack and Paradip. Through these projects the JSW group will invest Rs 40,000 crore in the eastern state of Odisha. On the approval to JSW’s investment projects in the state, Odisha CM Naveen Patnaik […] Read more
India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh Updated On Mon, Jan 22nd, 2024 by Saurenergy Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said. He added, “Electricity is the most important infrastructure, which is a sine qua […] Read more
EU Adds 17 GW New Wind Energy In 2023, Fails To Meet 30 GW Target Updated On Mon, Jan 15th, 2024 by Saurenergy A latest data by WindEurope found that European Union (EU) built 17 GW of new wind farms in 2023. The report also said that the EU installed 14 GW of onshore and 3 GW of offshore wind energy. The EU report stated, “These numbers are slightly up on 2022 and are the most the EU has ever built […] Read more
EU Touches 56 GW Of Solar Installations With A 40% Annual Growth: Report Updated On Wed, Dec 13th, 2023 by Saurenergy A recent report on new European Market Outlook for Solar Power 2023-2027 by SolarPower Europe, reveals a record 56 GW of solar installations in Europe in 2023. This reportedly marks the third year of annual growth rates of at least 40%. The report predicts in its annual report a slower growth for 2024, with the […] Read more
Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER Updated On Mon, Dec 4th, 2023 by Saurenergy Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […] Read more
To Triple RE Capacity, India Needs 448GW Of Solar Power By 2030: Report Updated On Wed, Nov 29th, 2023 by Saurenergy A latest report by global think tank Ember said that plan to triple its renewable energy capacity by 2030 in India, would require an additional financing of $293 billion. The analysis finds that India’s 14th National Electricity Plan (NEP14) put the country on track to more than triple its renewable energy capacity by 2030. But […] Read more
