World Adds 10.8 GW Of New Offshore Wind Capacity In 2023 Updated On Tue, Jun 18th, 2024 by Saurenergy In 2023, despite the macroeconomic challenges faced by the sector in some key markets, the wind industry installed 10.8 GW of new offshore wind capacity, taking the global total to 75.2 GW, a new report from the Global Wind Energy Council said. The report said that the new capacity increased 24% on the previous year, […] Read more
Thailand, India Can Pose Challenge To China’s EV Market: Report Updated On Thu, Jun 13th, 2024 by Saurenergy Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario. The Bloomberg […] Read more
Access To Public Finance Key To Clean Energy Adoption In India: IEA Updated On Thu, Jun 13th, 2024 by Saurenergy The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […] Read more
Wind Turbine Monitoring Systems Market To Grow By $8.72 Bn: Report Updated On Thu, Jun 13th, 2024 by Saurenergy The global wind turbine monitoring systems market size is estimated to grow by USD 8.72 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 19.34% during the forecast period. The rapid growth of the global wind power market is driving market growth, with a trend towards a […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
EKA Mobility Inducts Three Seasoned Executives To Drive Growth Updated On Thu, Jun 6th, 2024 by Saurenergy EKA (Pinnacle Mobility Solutions Pvt. Ltd.), a leading player in the electric mobility sector with Mitsui Co., Ltd. (Japan) & VDL Groep (Netherlands) as equity partners, today announced the appointment of three senior executives to its leadership team: Zoeb Karampurwala as Chief Product Officer, Murali Raju as Chief Commercial Officer, and Vijaykumar Yelne as President […] Read more
Maruti Suzuki To Invest Rs 450cr In Renewable Energy Adoption Updated On Wed, Jun 5th, 2024 by Saurenergy Maruti Suzuki India Limited, an Indian subsidiary of Japanese automaker Suzuki Motor Corporation recently announced that it has earmarked an investment of Rs. 450 crores to expand its usage of renewable energy solutions in the next three years. In FY2023-24, Maruti Suzuki invested Rs 120.8 crores towards commissioning renewable energy initiatives like solar power and […] Read more
Sunniest Countries Failed To Tap Solar Power: EMBER Updated On Mon, Jun 3rd, 2024 by Saurenergy Solar capacity additions surged 74% in 2023, reaching a record 346 GW annual additions, according to a report by EMBER. The EMBER research showed that “Globally, only 14% of solar capacity was installed as of 2023 (204 GW) was in markets with solar insolation above the global average. Other countries such as, Japan saw 13 […] Read more
Floating Solar On Sea- How Close Are We ? Updated On Mon, Jun 3rd, 2024 by Saurenergy How do you supply electricity to 10,000 islands? Indonesia has over a million people who don’t have access to electricity. Floating solar aims to remedy cases like these. Proposed as a solution to the issue of land use and the issue of not being able to adopt expensive solutions like wind turbines in certain coastal […] Read more
