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
Top 5 Countries With The Fastest Increase In Solar Capacity In 2023 Updated On Thu, Jan 4th, 2024 by Saurenergy As 2023 comes to an end and 2024 is upon is, it could be considered an interesting exercise in retrospect to look upon the countries that shone in terms of adding solar capacity in the past year, leading the rest of us into the future. Here are the top 5 countries with the fastest increase […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
The 2023 Playback- What Our Most Read Stories Tell Us Updated On Tue, Jan 2nd, 2024 by Saurenergy As a digital publisher, one of the joys of publishing is the feedback, both immediate and ongoing that writers get on their stories. Seen both in actual pageviews and in terms of traction on social media, this feedback loop is a key to decide what gets covered, and what doesn’t at times. We say at […] Read more
LG Chem Rides IRA Benefits to Set Up Largest Cathode Materials Plant in US Updated On Wed, Dec 20th, 2023 by Saurenergy LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to supply chain. […] Read more
Europe On Track For 56 GW Solar Additions In 2023 Updated On Thu, Dec 14th, 2023 by Saurenergy Continuing a third straight year of over 40% growth, Europe is set to add 56 GW of solar capacity in 2023. The data comes from SolarPower Europe, the trade body representing the European solar industry. The report also cautions that the continent might be pushing the limits of its ability to absorb solar capacity, as […] Read more
Honeywell to Supply BESS of 124 MWh to US Virgin Islands Updated On Wed, Dec 13th, 2023 by Saurenergy Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […] Read more
Shell Sells Part Ownership In 2 US Renewable Projects To InfraRed Capital Updated On Tue, Dec 12th, 2023 by Saurenergy Savion Equity, Shell Wind Energy, Shell Wind Energy Inc. and Savion Equity, LLC, subsidiaries of Shell plc (Shell), have agreed to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners (InfraRed). Shell will sell 60% interest in Brazos Wind Holdings, LLC (Brazos), a 182-megawatt (MW) onshore wind farm in Fluvanna, […] Read more
US Energy Firm Puget Sound Energy Announces Utility-Scale Wind Farm At Montana Updated On Fri, Dec 8th, 2023 by Saurenergy United States (US)-based energy company Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana, in the US. The Beaver Creek wind farm is the latest addition in a growing list of renewable energy resources […] Read more
