Climate Change vs Solar Energy: The Battle Within Updated On Wed, Feb 26th, 2025 by Saurenergy Decades ago, global warming and associated climate change had prompted the world to take some serious measures, such as curbing GHG emissions and trapping pollutants. Today, the surge of renewable energy, especially solar and wind energy, is now promising the sustainable future the world once dreamed about. However, climate change has also become profound, leading […] Read more
India Proposed Renewable Energy Financing Obligation (REFO) Updated On Tue, Feb 25th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […] Read more
Transition VC Invests $1.7M In Dynolt For Clean Energy Solutions Updated On Tue, Feb 18th, 2025 by Saurenergy Dynolt Technologies, a deep-tech power electronics startup, has secured $1.7 million in a seed funding round led by Transition VC. The round also saw participation from angel investor, Yashovardhan Shah. Founded in 2022 and headquartered in Bengaluru, Dynolt develops power electronics solutions for clean energy sectors such as e-mobility, energy storage, renewables, and hydrogen. Backed […] Read more
Will 7.5 GW Green Energy Auction Be a Game-Changer for Philippines? Updated On Fri, Feb 14th, 2025 by Saurenergy The Philippines’ Department of Energy (DOE) announced on Tuesday the successful completion of the 3rd Green Energy Auction (GEA-3), offering 7,500 megawatts (MW)—well above the 4,650 MW installation target. The auction aligns with President Ferdinand Marcos Jr.’s energy agenda, aimed at accelerating the shift to renewable energy (RE) and strengthening the country’s energy security and […] Read more
Australia Sees Record-Breaking Clean Energy Investment Since 2018 Updated On Thu, Feb 13th, 2025 by Saurenergy Clean Energy Council released its Q4 2024 Quarterly Clean Energy Investment Report, Large-Scale Renewable Generation and Storage, indicating that 2024 was best year for large-scale renewable energy investment in Australia since 2018. The island nation attracted about USD 9 billion in total capital investment in 2024. In total, 4346 MW of new generation capacity, worth […] Read more
China’s Renewable Sector Enters New Era with Market-Driven Pricing Updated On Wed, Feb 12th, 2025 by Saurenergy China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) recently issued a joint notice outlining measures to deepen the pricing reform for electricity generated from renewable sources. The reform focuses on three key areas: allowing market forces to determine renewable power prices, creating a pricing and settlement mechanism that supports long-term […] Read more
Clean Energy Financing: Are We Investing Enough? Updated On Wed, Feb 12th, 2025 by Saurenergy Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […] Read more
Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF Updated On Fri, Feb 7th, 2025 by Saurenergy A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […] Read more
India’s Solar Energy Generation Increased 18% In CY24 Updated On Wed, Feb 5th, 2025 by Saurenergy India’s renewable energy sector witnessed a strong year-on-year growth in calendar year 2024 (CY24), with total renewable energy generation (including large hydro) reaching 3,87,553.52 million units (MU)—a 14.8% increase compared to 3,37,745.63 MU in CY23, as per the latest data from the Central Electricity Authority (CEA). Solar Energy Sees Impressive Growth A major contributor to […] Read more