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
ACME Moves Ahead On Land For Green Ammonia & Hydrogen Project In Oman Updated On Fri, Jun 24th, 2022 by Saurenergy Renewable energy developer ACME Group today announced signing of a land agreement to set up one of the world’s largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman. ACME signed the agreement with the Public Authority for Special Economic Zones and Free Zones which is a Government authority of Oman. […] Read more
Solar Capacity Additions In Q2 Starts Off On a Strong Note In India Updated On Thu, Jun 23rd, 2022 by Saurenergy After a strong Q1 (Jan-March’22) when close to 4650 MW of solar capacity was added in India, capacity additions have continued apace in Q2 also, going by the figures for April and May. So far, 2955 MW of fresh capacity has been added during the two months, indicating a high chance of overtaking the capacity […] Read more
Price Of Solar Panel Material, Polysilicon, Touches $40.62, Highest In A Decade Updated On Thu, Jun 23rd, 2022 by Saurenergy Strong demand coupled with production glitches has pushed the price of a key material for solar panels, Polysilicon, to the highest level in more than a decade in China. Now the cost of clean energy is too high for the companies to afford even as the climate goals are in crying need of more renewable […] Read more
US Solar Firms Form Consortium To Spend $6 Billion To Support Domestic Industry, Supply Chain Updated On Wed, Jun 22nd, 2022 by Saurenergy A number of solar power project developers in the USA have joined hands to spend approximately $6 billion for the supply chain expansion of solar power panels. The AES Corporation, Clearway Energy Group, Cypress Creek Renewables and D.E. Shaw Renewable Investments (DESRI), have announced the formation of the ‘US Solar Buyer Consortium’ to supplement the […] 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
New Fitch Report Says Saudi Arabia Solar Power Expansion To Reach 5.1 GW By 2031 Updated On Wed, Jun 22nd, 2022 by Saurenergy Fitch Solutions has come up with a fresh report stating that the solar power capacity of Saudi Arabia might grow to more than 5.1 GW between 2022 and 2031. The solar expansion holds massive potential given the long-term power sector plans and policy support from the Saudi Arabia government. The report also said that Saudi […] 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
15 MW EPC Tender Issued for Wind Power Project in Gujarat Updated On Wed, Jun 22nd, 2022 by Saurenergy Gujarat State Electricity Corporation Ltd (GSECL) invites bids for a 15 MW Wind Power Project (EPC Tender). This wind project will be installed at Village Panandhro, District Kutch, Gujarat. The deadline for submitting online bids is July 12, 2022. Scope of the work included Engineering, Supply, Procurement, Installation, Commissioning, and Comprehensive O&M. The winning bidder […] Read more
