IEEFA Suggest the Adani Group Should Lead India’s Energy Strategy Updated On Thu, Nov 12th, 2020 by Saurenergy A new report identifies the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision A new IEEFA report identifies the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision for energy independence and fast-growing reliance on renewables. “The […] Read more
To Meet Climate Targets, Renewable Investments Need Tripling: Report Updated On Wed, Nov 11th, 2020 by Saurenergy To achieve the 1.5°C climate goal, investments in diverse renewable technologies must almost triple annually to USD 800 billion by 2050. Global renewable energy investments increased between 2013 and 2018, reaching its peak at USD 351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative […] Read more
GM Begins Hiring for its ‘Ultium Cells’ EV Battery Manufacturing Facility Updated On Tue, Nov 10th, 2020 by Saurenergy Ultium Cells LLC, a JV of GM and LG Chem that will mass-produce Ultium battery cells for electric vehicles (EV) is looking to hire 1,100 employees. General Motors (GM) has continued its march towards an all-electric, zero-emissions future with the construction of its nearly 3 million-square-foot Ultium Cells battery cell manufacturing facility in Lordstown, Ohio. […] Read more
Iberdrola Pledges €75 Billion to Capitalise on Energy Transition Updated On Sat, Nov 7th, 2020 by Saurenergy Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […] Read more
71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
Grid Optimisation: a ‘no regret option’ to Allow More Renewable Energy Updated On Thu, Nov 5th, 2020 by Saurenergy The expansion of wind energy continues despite COVID-19. And that requires the continued expansion of electricity grids. It also requires us to optimise and reinforce existing grids. In a new paper, WindEurope shows how available and proven technologies can optimise Europe’s existing grid infrastructure, and how this can help accommodate higher shares of renewables in […] Read more
IRENA Bats for Energy Transition Policies to maximise Socio-economic Benefits Updated On Thu, Nov 5th, 2020 by Saurenergy COVID-19 has put a lot of pressure on the energy sector, but renewable energy has been shown to be resilient, providing clean, reliable, easy to mobilise and cost-effective energy solutions. IRENA’s ‘Post-COVID recovery: An agenda for resilience, development and equality’ launched earlier this year shows that a recovery focused on the renewable-based energy transition path […] Read more
What Next for China’s Offshore Wind Industry Post-2021: GWEC Updated On Wed, Nov 4th, 2020 by Saurenergy From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more