Amazon Adds Record 8.3 GW of Renewables in 2022 Updated On Wed, Feb 1st, 2023 by Saurenergy Global e-commerce giant Amazon has added a remarkable capacity of 8.3 GW in 2022 in terms of renewable energy. The company has made these additions through 133 new projects in 11 countries. The official statement, the company held that now the total portfolio is over 20 GW which is enough to power 5.3 million U.S. […] Read more
Economic Survey 2022-23: India a Hotspot for Investment in Renewables & Other Observations Updated On Wed, Feb 1st, 2023 by Saurenergy The Economic Survey 2022-2023 has made some important observations about the trajectory of renewable energy sector and transition to clean energy sources. Here are some key observations- Inching towards installed capacity from clean sources The Economic Survey notes that India has already achieved the feat of having 40 per cent of installed electric capacity from […] Read more
Pexapark and AFRY launch Daily Valuation Curve For Renewable Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Switzerland based Pexapark has joined Sweden based AFRY management consulting to formally launch the ‘Daily Valuation Curve’, a new pricing data offering that will give investors and lenders greater certainty over the lifetime value of renewable energy projects. Announced in Q4 2022, the Daily Valuation Curve seamlessly combines Pexapark’s market-based price approach, used by 150+ […] Read more
AREMI, Renewable Manufacturing Initiative for Africa Launched Updated On Fri, Jan 20th, 2023 by Saurenergy Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action for renewable energy development in African countries to scale up […] Read more
USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days Updated On Thu, Jan 19th, 2023 by Saurenergy As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […] Read more
Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects Updated On Wed, Jan 18th, 2023 by Saurenergy Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […] Read more
Countries That India Can Seek Inspiration From For Renewable Investments Updated On Tue, Jan 17th, 2023 by Saurenergy India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […] Read more
Israel’s Data Centre Industry Majorly Driven by Renewable Power Updated On Mon, Jan 16th, 2023 by Saurenergy Data centres is a hard-to-abate industry. However, with increased adoption of and focus on using renewable sources of energy to generate electricity, data centres around the world are beginning to place a premium on solar energy. In December 2022, the NTT Group, the biggest data center player in India a global leader in offering people, […] Read more
India & UAE to Seal Agreement on Linking Grid for Renewable Energy Updated On Mon, Jan 16th, 2023 by Saurenergy India’s Minister of New & Renewable Energy, Raj Kumar Singh has revealed that India and the United Arab Emirates (UAE) are on their way to enter into a “major agreement”. The cooperation between the two countries concerns the interlinking of renewable energy. He did not give out details about the timeline and added that the […] Read more