Asia Likely To Have 55% Share Of Global Renewable Energy Jobs: IRENA Updated On Fri, Dec 1st, 2023 by Saurenergy IRENA (International Renewable Energy Agency) recently released its world energy transition outlook report. Their report mentioned that Asia is expected to account for a 55% share of global renewable energy jobs, followed by Europe (14%), US (13%) and Sub-Saharan Africa (9%) till 2050 under 1.5-degree scenario. It adds that, the jobs are unevenly distributed as, […] Read more
China’s Module Giants Sound Alarm Over Falling Prices Updated On Thu, Nov 30th, 2023 by Saurenergy At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […] Read more
Waaree Technologies In MoU With 3DBattery For Advanced Energy Storage Solutions Updated On Thu, Nov 30th, 2023 by Saurenergy Waaree Technologies Ltd. (WTL), the energy storage division of the Waaree Group, has announced that it has signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery’s lithium-ion and upcoming sodium-ion technology. The Parties will evaluate the collaboration further before entering into definitive […] Read more
EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030 Updated On Wed, Nov 29th, 2023 by Saurenergy The European Union (EU) Commission released an ‘Action Plan’ which supports the European Green Deal. The Commission’s proposed action plan aims at supporting the Europe’s electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions […] Read more
Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
CATL and Quinbrook In Agreement for 10 GWh Stationary Battery Energy Storage Systems Updated On Thu, Nov 9th, 2023 by Saurenergy CATL and Quinbrook have announced the signing of a Global Framework Agreement in stationary storage with the aim to deploy 10GWh+ of CATL’s advanced storage solutions over the next five years,underlining their focus on using advanced storage solutions to meet energy transition goals. The long-term partnership includes the design, optimization, and supply of the most […] Read more
US, EU and Japan Lead in Carbon Capture and Storage Usage: Report Updated On Wed, Nov 1st, 2023 by Saurenergy The European Union (EU) released a report sharing an ongoing trend in the usage of CCUS (Carbon Capture Utilization and Storage). The report gives an assessment of 2022 global industry. The report states that the CCUS industry witnessed an increase in storage capacity by 44% over the year. However, the report anticipates that the cost […] Read more
RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA Updated On Tue, Oct 31st, 2023 by Saurenergy COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […] Read more
