Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’ Updated On Thu, Oct 14th, 2021 by Saurenergy A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […] Read more
8th India-Sweden Innovation Day ’21 to Focus on Green Tech Updated On Wed, Oct 13th, 2021 by Saurenergy India and Sweden are set to celebrate the 8th Innovation Day on 26th October at 08:00-16:30 (Swedish Time) and 11:30-20:00 (Indian Time). The online event themed “Accelerating India Sweden’s Green Transition” is hosted by India Unlimited in association with the Embassy of India in Sweden, Sweden-India Business Council, and Confederation of Indian Industry (CII). India […] Read more
Co-Investing and Developing Green Technologies Only Pathway For India To Achieve Net Zero: Report Updated On Wed, Oct 13th, 2021 by Saurenergy India’s net zero goals, where the country has firmly resisted any pressure to provide a deadline, was the focus of a report by the Council on Green Energy and Water (CEEW). The report posits that India’s total installed solar power capacity would need to increase to 5630 gigawatt (GW) if it were to commit to […] Read more
Global Microgrids Market to Reach $46 B by 2026, China to be at $12 B Updated On Tue, Oct 12th, 2021 by Saurenergy Global market for microgrids estimated at US$27 billion in the year 2020, is projected to reach a revised size of US$46.5 billion by 2026, growing at a CAGR of 9.3% over the period, according to a new report. Key highlights of the “Microgrids: Global Market Trajectory & Analytics” report are given below: Global Micro Grids Market to […] Read more
Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä Updated On Mon, Oct 11th, 2021 by Saurenergy Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […] Read more
ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia Updated On Fri, Oct 8th, 2021 by Saurenergy Saudi Arabia’s ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD […] Read more
Eos Energy to Get $25 M Equipment Funds from Trinity Capital Updated On Fri, Oct 8th, 2021 by Saurenergy Eos Energy Enterprises, a provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, has announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement with Trinity Capital, a leading provider of debt and equipment financing to growth stage companies. The funds will be used […] Read more
Aker Unveils Underwater Innovation for Floating Offshore Wind Updated On Fri, Oct 8th, 2021 by Saurenergy Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […] Read more
GE to Supply 810MW Turbines for JSW’s Wind Farms in Tamil Nadu Updated On Fri, Oct 8th, 2021 by Saurenergy GE Renewable Energy has received an order from Indian power company JSW Energy to supply 810 MW of onshore wind turbines for their upcoming wind farms in Tamil Nadu. The turbines will produce enough green energy to meet the annual electricity requirements of more than 2.1 million households in the country, said GE. JSW Energy […] Read more