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
Clir Renewables Hits 6 GW Milestone, Tripling its Portfolio in 2019 Updated On Tue, Jan 28th, 2020 by Saurenergy Clir Renewables has surpassed a total of 6 GW of assets on its platform in 2019, a three-fold increase from 2 GW at the end of 2018. New figures from Clir Renewables, a leading cloud-based AI platform that provides asset managers and owners with tools to maximise annual energy production, surpassed a total of 6 […] Read more
China’s Target of 20% Renewables by 2030, Considerably Harder Updated On Fri, Mar 29th, 2019 by Saurenergy Tripling the share of non-fossil fuels will require a major overhaul of China’s recalcitrant power sector and the full deployment of a fledgling emissions trading system, they said in the journal Nature Communications. China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 percent of its energy […] Read more
81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
Clean Energy Investments To Reach $670bn In 2025: Report Updated On Mon, Jan 13th, 2025 by Saurenergy S&P Global Commodity Insights, an independent provider of information, analysis, data, and benchmark prices for the commodities, energy, and energy transition markets, has released its latest report on the pivotal trends in clean energy technology for 2025. The report said that investments in the clean energy sector might reach $670 billion in 2025. “S&P Global […] Read more
Top 5 Solar Energy Markets to Boom in 2025 Updated On Tue, Jan 7th, 2025 by Saurenergy The solar power industry is flourishing globally, but growth potential varies across regions due to diverse influencing factors. Some solar markets are poised to outperform others, driven by favourable conditions already present or anticipated in 2025. The International Energy Agency forecasts that the global RE capacity will increase by over 5,520 GW during 2024-2030, about […] Read more
Long-Duration Energy Storage Needs To Touch 8 TW By 2040: Report Updated On Mon, Nov 18th, 2024 by Saurenergy The world’s energy systems are not decarbonising quickly enough to meet global sustainability commitments, and immediate action must be taken to rapidly deploy long-duration energy storage (LDES) technologies to efficiently integrate the growing amount of renewable energy now coming online, according to a new report. The inaugural Annual Report from the Long Duration Energy Storage […] Read more
Clean Energy Projects Dominate In Nine BRICS Countries: Report Updated On Tue, Oct 22nd, 2024 by Saurenergy BRICS is set to hold its latest summit in Russia, marking the 16th annual summit for the association. The summit will take place from the 22nd to the 24th of October this year to discuss the burgeoning economic and global challenges faced by the countries. The summit also sets the stage to evaluate the changes […] Read more
Maharashtra: NTPC Looks For Land To Build 600 MW Solar Project Updated On Mon, Oct 21st, 2024 by Saurenergy NTPC Limited has now issued a tender seeking land to develop 600 MW of solar projects in the Dhule region of Maharashtra and the successful evacuation of the clean power from the region. The power behemoth has invited the bids from bidder with prior experience in execution for grid connected Solar PV Projects/Solar Parks or […] Read more