Italy’s Ecology Minister: 72% power to come from Renewables in 2030 Updated On Thu, Apr 29th, 2021 by Saurenergy Italy’s Ecology Transition Minister Roberto Cingolani revealed yesterday that the country will have to produce as much as 72% of its electricity with renewable sources in 2030 so as to fulfil the European emissions-reduction target of 55% set for the same year. While in conversation with the Italian daily la Repubblica, he said, “In 2030, […] Read more
Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
IFC to Support Azerbaijan’s Shift from Fossil Fuels to Renewable Energy Updated On Sat, Apr 17th, 2021 by Saurenergy In a bid to develop the offshore wind energy sector as part of Azerbaijan’s efforts to shift to renewable energy sources, IFC, a member of the World Bank Group, and Azerbaijan’s Ministry of Energy today signed a Memorandum of Understanding. The aim is to support the country in reducing reliance on fossil fuels for electricity […] Read more
Eastern and Southern Africa’s Vast Renewables Potential Offers Route to Sustainable Growth: IRENA Updated On Fri, Apr 16th, 2021 by Saurenergy Eastern and Southern Africa are vast, geographically diverse regions with rapidly growing populations and rising demands for energy. According to master plans for the two regional power pools, electricity demand is set to grow at between 3.4 and 5 percent per year to 2040. Meeting that demand is key to bolstering long-term growth in the […] Read more
Solar Crosses 40 GW Mark in India, Renewable Capacity at 94.43 GW Updated On Fri, Apr 16th, 2021 by Saurenergy MNRE in its monthly summary to the cabinet for March 2021 has revealed that the installed solar capacity in India has crossed the 40 GW mark The Ministry of New and Renewable Energy (MNRE) in its monthly summary to the cabinet for the month of March 2021 has revealed that the installed and operational solar […] Read more
What If- Renewable Powered Power Trade Between India And Pakistan Updated On Wed, Apr 7th, 2021 by Saurenergy Readers might be surprised to know that India’s trade in power is not insignificant when it comes to its neighbours. The country annually imports around 1,200 MW of power from Bhutan, exports 1,200 MW to Bangladesh, exports 450 MW to Nepal and 3 MW to Myanmar. India is also working on a plan to develop […] Read more
Fujitsu, AutoGrid to Boost Renewable Energy use in Japan With VPP Solution Updated On Tue, Apr 6th, 2021 by Saurenergy Fujitsu will begin offering Autogrid Virtual Power Plant (VPP) solution in Japan under a new collaboration agreement. Fujitsu Limited and AutoGrid Systems have announced that Fujitsu will begin offering Autogrid’s Virtual Power Plant (VPP) solution in the Japanese market. Fujitsu will leverage the solution to maximise the use of distributed energy resources in the domestic […] Read more
Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report Updated On Thu, Apr 1st, 2021 by Saurenergy The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […] Read more