IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition Updated On Fri, Jun 24th, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENA’s Director-General Francesco La Camera and the […] Read more
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
Ornate Solar Commissions India’s Largest Roof-Integrated Solar System Updated On Fri, Jun 24th, 2022 by Saurenergy India now has its largest building integrated rooftop PV system or BIPV in Bhagru, Rajasthan, thanks to Ornate Solar, which commissioned it on June 22. The system is the chief roof over Canada-based natural stone manufacturing company, Pangaea Natural Stone Inc. Ornate Solar asserts that the 530 kWp InRoof system is industry’s first universal structural […] Read more
Pennar Industries Inducts Pradeep Sangwan As BU Head-Solar Updated On Thu, Jun 23rd, 2022 by Saurenergy Hyderabad based Infrastructure group Pennar Industries has roped in industry veteran Pradeep Sangwan as Business Unit Head, Solar. Sangwan, who has had a long and distinguished stint in the solar sector so far, was previously working with Solar firm Econess Energy. Before that, he has worked with Renesola Power and Tata BP Solar too. An […] 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
