Global Floating Wind Industry Reached 270 GW In FY24: IRENA Updated On Tue, Jul 16th, 2024 by Saurenergy While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […] Read more
IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report Updated On Tue, Jul 16th, 2024 by Saurenergy Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target. IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […] Read more
Rays Power Secures Two Projects Worth Rs. 833 Cr Totaling 680 MW Updated On Tue, Jul 16th, 2024 by Saurenergy Rays Power Infra, a solar EPC solutions provider recently acquired new projects worth Rs. 833 crores in the April-June period 2024. These projects are distributed in two states and can add over 680 MW to the company’s expanding portfolio. Rays Power Infra continues to focus on strengthening its solar park as well as EPC divisions […] Read more
5 Key Points for India on the Road to 300 GW Solar by 2030 Updated On Tue, Jul 16th, 2024 by Saurenergy India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […] Read more
India’s Solar Journey: 5 Speed Breakers on the Journey to 100 GW and Beyond Updated On Mon, Jul 15th, 2024 by Saurenergy India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically, the country had set a target of 100 GW of […] Read more
Climate-Focused Non-Profits Make an Impact Updated On Thu, Jul 11th, 2024 by Saurenergy India is the most populous country in the world and is poised to become a $5 trillion economy — the world’s third largest — in the next five years. Today, India’s per capita greenhouse gas emissions are about one tenth of those from the United States, and India represents just 3.4% of historic global emissions. […] Read more
News In Brief July 11: Solar At Chamunda Devi, Enfinity, ‘Copperstring’ Project Updated On Thu, Jul 11th, 2024 by Saurenergy KLK Ventures Illuminates Chamunda Mata Mandir With Solar-Powered Safety And Sustainability KLK Ventures Pvt. Ltd., a renewable energy solutions provider has completed a solar lighting installation project at Chamunda Mata Mandir in Himachal Pradesh. This project was undertaken in collaboration with HIMURJA, the state agency responsible for promoting renewable energy in Himachal Pradesh. US IPP […] Read more
RAYS Power Announces Subsidiary for GW-Scale Solar PV Manufacturing Updated On Wed, Jul 10th, 2024 by Saurenergy RAYS Power Infra, a leading name in the renewable energy sector announced the establishment of a wholly owned subsidiary dedicated to the manufacturing of solar modules, solar cells, and Battery Energy Storage Systems (BESS) at a gigawatt scale. The new subsidiary will focus on setting up large-scale manufacturing facilities, and the company is currently evaluating […] Read more
Smart Grid Technologies Accounts For Just 0.2% Of Registered Patents Worldwide, Says IEA Updated On Mon, Jul 8th, 2024 by Saurenergy The International Energy Agency (IEA) recently released a report on global patent data for smart grid technology spanning from 2000 to 2023 revealing approximately 16,000 Intellectual Property Families (IPFs) registered worldwide in this domain. This constitutes 0.2% of total IPFs across all technologies. IEA report found that smart grid technologies account for about 5% of […] Read more
