Cost of Renewables in China to Match Coal Power by 2026: Report Updated On Thu, Aug 22nd, 2019 by Saurenergy According to new research, the cost of renewables is already cheaper than gas-fired power in China, and will match and better coal power by 2026 As China moves towards a subsidy-free era for wind and solar projects beginning in 2021, the economics of renewable power have come into the spotlight. According to new research China provincial […] Read more
Portugal Awards World’s Lowest Cost Solar Contract Updated On Tue, Aug 13th, 2019 by Saurenergy Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […] Read more
Global Smart Meters Total to Double by 2024 With China and India in Lead Updated On Sat, Aug 3rd, 2019 by Saurenergy According to a new report, the total number of smart meters around the world is expected to almost double over 2017 levels by 2024 A new report has revealed that the total number of smart meters around the world is expected to almost double over 2017 levels by 2024, opening up new opportunities for customer-side […] Read more
India Leads Asia Pacific With Lowest Renewable Cost: Report Updated On Mon, Jul 29th, 2019 by Saurenergy India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. According to data furnished in a new report, India has emerged as the market leader with the lowest renewable energy cost in the Asia Pacific region. The report “Battle for the future: Asia Pacific renewable power competitiveness […] Read more
Global Solar PV Installations to Reach Record 114.5 GW in 2019 Updated On Fri, Jul 26th, 2019 by Saurenergy A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […] Read more
Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023 Updated On Wed, Jul 24th, 2019 by Saurenergy A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […] Read more
Global Wind Capacity to Grow by 60% Over Next 5 Years Updated On Tue, Jul 9th, 2019 by Saurenergy Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new analysis. Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new […] Read more
China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more
Mexico to Lead Central American, Caribbean Wind Power Growth: Report Updated On Mon, Jul 8th, 2019 by Saurenergy A new report has revealed that more than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in the region through 2028, led by Mexico. A new report has revealed that more than 9.5 gigawatts (GW) of new wind power capacity will be commissioned in Central America and the Caribbean through 2028, driven […] Read more
