Renewables Account for Almost Three Quarters of New Capacity in 2019 Updated On Mon, Apr 6th, 2020 by Saurenergy The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […] Read more
Europe’s Cheapest Corporate Solar and Wind PPAs in Spain, Sweden: BNEF Updated On Mon, Apr 6th, 2020 by Saurenergy Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. The BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […] Read more
COVID-19 Could Derail Storage Growth, but 2020 to be Record Year Updated On Fri, Apr 3rd, 2020 by Saurenergy According to a new analysis, the COVID-19 containment could derail storage growth but 2020 will still be a record-breaking year with 12.6 GWh deployed. According to a new analysis, if the coronavirus (COVID-19) containment measures continue to curtail the movement of goods and people through Q2 this year, alongside an economic downturn, the market impact […] Read more
Global Wind Energy Capacity to Grow by 112% by 2029: Report Updated On Mon, Mar 30th, 2020 by Saurenergy Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, representing a growth of 112 percent Global wind energy capacity additions are expected to sit at an annual average of 77 GW from 2020 to 2029, according to Wood Mackenzie. This represents a growth of […] Read more
Govt to Solarize Sun-Temple Town in Gujarat by Investing Rs 65 Cr Updated On Sat, Mar 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued guidelines related to the complete solarization of Modhera town in Gujarat, which is popularly known as the sun-temple town. The cost of complete solarization of town is expected to be Rs 65 crore and will be borne by the Central Government and the State Government, […] Read more
Wind Project Installations in India Deflating: GWEC Report Updated On Fri, Mar 27th, 2020 by Saurenergy Wind project installations in India are deflating with only 2.4 GW installed in 2019, nearly half of the 4.1 GW installed in 2017, according to a new report Wind project installations in India are deflating with only 2.4 gigawatts (GW) of wind capacity installed in 2019 – nearly half of the 4.1 GW installed in […] Read more
Acciona to Build 1026 MW Wind Farm in Queensland Worth EUR 1 Bn Updated On Fri, Mar 27th, 2020 by Saurenergy Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. The project will boost the […] Read more
Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
Renewable Energy Gets A Curfew Pass For Lockdown, Gives Guarded Welcome Updated On Fri, Mar 27th, 2020 by Saurenergy The notification by the MNRE (Ministry of New and Renewable Energy) that requested states to consider renewable energy as an essential service has come as a reassuring show of support for the sector. The MNRE notification, issued yesterday, told states to allow movement of material and personnel to ensure continuous renewable power generation. “Power generation […] Read more
