China, Europe Will Lead World To Record-breaking RE Capacity In 2022 Updated On Wed, May 11th, 2022 by Saurenergy The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […] Read more
World Bank says Pakistan must call for 11GW renewable energy bids Updated On Mon, May 9th, 2022 by Saurenergy Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […] Read more
Crypto mining employing solar energy legalized in Uzbekistan Updated On Thu, May 5th, 2022 by Saurenergy A presidential decree published this week ben in Uzbekistan says that the companies in the country will be allowed to mine cryptocurrencies by employing solar power. The decree makes it clear that these solar powered crypto operations by both domestic and foreign companies will be exempt from the income tax. The objective behind this presidential […] Read more
With Energy Supplies On Edge, Delhi’s Poor Solar Record Comes Back To Bite It Updated On Mon, May 2nd, 2022 by Saurenergy Even as an unprecedented heatwave across most of India, especially North India sends temperatures soaring, Delhi, one of the most polluted cities in the world, has barely achieved its clean energy goals and increased its dependence on non-renewable sources of energy. This, despite some of the most ambitious plans to green up. The capital has […] Read more
Free Solar Panels Become An Issue In Mexico politics Updated On Mon, May 2nd, 2022 by Saurenergy Installation of solar panels for free onto residences has become a subject of confrontation and debate between the Mexico’s ruling party of President Andres Manuel Lopez Obrador and Marko Cortes, leader of the center-right National Action Party (PAN) since Sunday when the latter argued in favour of the proposal staking out its renewable energy credentials. […] Read more
IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline Updated On Thu, Apr 28th, 2022 by Saurenergy India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are: (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […] Read more
India could become carbon neutral before its 2070 goal: IRENA chief Updated On Wed, Apr 27th, 2022 by Saurenergy India’s focus on decarbonising its steel sector and developing offshore wind power will help it become carbon neutral ahead of its promised goal of 2070, the director-general of the International Renewable Energy Agency (IRENA) said. IRENA’s Francesco La Camera told an international news agency that India was “very serious” about meeting the challenges and was […] Read more
Regional Energy Trade Lead Updated On Tue, Apr 26th, 2022 by Saurenergy Lead and design policy and regulatory interventions for setting up and expanding a regional power market as well as power trade rules, operations, and codes. Develop capacity of regional institutions on power trading regional energy cooperation and support evolution of new trading companies in South Asian countries. Provide technical inputs in the formulation/ update of […] Read more
India’s NIWE and UK’s ORE Catapult Collaborate for Offshore Wind Development Updated On Tue, Apr 26th, 2022 by Saurenergy India’s National Institute of Wind Energy (NIWE) has announced signing of a a Joint Declaration of Intent (JDI) with ORE Catapult of the United Kingdom under which the two wind energy organisations of their respective countries will establish a five-year collaboration programme for the development of wind energy, particularly offshore wind. India currently has zero […] Read more
