Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA Updated On Thu, Jun 23rd, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […] Read more
Germany’s Renewable Energy Pledge Blackened By Coal Updated On Wed, Jun 22nd, 2022 by Saurenergy Falling short of the energy cut short by Russia following the European support to Ukraine, Germany’s Economy Minister Robert Habeck warned on June 19 that the war in Ukraine will cause an energy shortage by the winter. What he actually meant was that the coal supply and use would be increased to compensate for the […] Read more
India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA Updated On Wed, Jun 22nd, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […] Read more
Pacifico Energy Wins Big In 129 MW Japan Solar Tender Updated On Tue, Jun 21st, 2022 by Saurenergy Japan has disclosed the winners of its 12th solar power tender. The total capacity on offer was about 129 MW. Renewable energy developer Pacifico Energy KK has said that it has emerged as the winner of more than half of the capacity that Japanese authorities have allotted. Pacifico has said that the company grabbed a 76.8-MW […] Read more
Unfazed By Protests, Adani Will Expand Energy Footprint In Lanka Updated On Tue, Jun 21st, 2022 by Saurenergy Unfazed by the political storm over recent off-the-cuff remarks by MMC Ferdinando, the former Chairman of Ceylon Electricity Board, a couple of weeks ago, Adani Group has set its sights on further expanding its operations in Sri Lanka through Adani Green Energy Limited (AGEL). The expansion plan entails setting up strategic projects that include about […] Read more
Uttar Pradesh Gets Investment Proposals Of Rs 4782 Crores For Renewables Updated On Tue, Jun 21st, 2022 by Saurenergy The outcome of GBC 3 (third ground breaking ceremony) has been quite fruitful for the state of Uttar Pradesh in the renewable energy sector development and energy transition. In the most recent case, key players have vowed to invest in the renewable energy segment as investment proposals of Rs 4782 crore have come up for […] Read more
EDF Renewables Set To Add 100 MW Solar Projects In UK By 2022 End Updated On Tue, Jun 21st, 2022 by Saurenergy EDF Renewables, UK, has begun to prepare and construct the site on two approved solar farms in the UK, with the projects totaling almost 100 MW every year. The solar projects are 49.9 MW each in different parts of UK. The first solar project will begin to generate power in the end of 2022. EDF […] Read more
Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh Updated On Fri, Jun 17th, 2022 by Saurenergy EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […] Read more
