Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe Updated On Fri, Apr 19th, 2024 by Saurenergy Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […] Read more
Central, Eastern Europe Adds 39% Electricity From RE: EMBER Updated On Mon, Apr 8th, 2024 by Saurenergy Central and Eastern European countries are advancing towards their renewables ambition, but EMBER report found it to be insufficient with their potential. The EMBER report on, “Empowering Central and Eastern Europe” underlines the importance of upcoming Three Seas Initiative Summit to secure a low cost, resilient and interconnected clean power system. It mentioned, “In 2023, […] Read more
COVER STORY: India Gears Up For Solar Waste Recycling Challenge Updated On Mon, Apr 1st, 2024 by Saurenergy The latest report from the Central Electricity Authority (CEA) states that India’s total solar energy capacity crossed 75 Gigawatts (GW) by the end of February this year. According to its own estimates, the country will need 292 GW of total solar capacity by 2030. With the steady additions of solar power to the Indian grid, […] Read more
RPC, Altea Green Power Ink Deal For 1GW Storage Project In Italy Updated On Tue, Mar 26th, 2024 by Saurenergy Renewable Power Capital (RPC) and Altea Green Power have entered into a development partnership for 1GW of battery energy storage in Italy. Through this partnership, RPC adds a new jurisdiction to its fast-growing European storage pipeline – which now stands at more than 5.5GW, according to a media statement by Renewable Power Capital. The development […] Read more
European Fast-Charging Firm Fastned Signs PPA With GLP For Solar Power Updated On Thu, Feb 29th, 2024 by Saurenergy European fast-charging company, Fastned announced it has concluded its first multi-year Corporate Power Purchase Agreement (CPPA) in the Netherlands with GLP, a renewable energy firm, and related technologies, with Ecorus and Scholt Energy. According to the press release by the company, Fastned will purchase power generated by the solar panels on the roof of GLP’s […] Read more
GlobalFoundries, Biden Admin Announces $1.5 Bn Funding For CHIPS & Science Act Updated On Tue, Feb 20th, 2024 by Saurenergy The US Department of Commerce recently announced $1.5 billion in planned direct funding for GlobalFoundries (GF) as part of the US CHIPS and Science Act. GF claims to expand and create new manufacturing capacity through this investment. It estimates to expand it capabilities and securely produce more essential chips for automotive, IoT, aerospace, defense, and […] Read more
In 2023 China EV Witnessed 35% Rise YoY: Rystad Updated On Mon, Feb 12th, 2024 by Saurenergy Rystad, an energy research and business intelligence company recently shared insights on the ongoing trend in the electric vehicle (EV) market in 2024. According to the Rystad report, “The electric vehicle (EV) market is on track in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty.” Rystad Energy research forecasts, […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more
Hyundai, Iveco Collaborate To Supply Electric Commercial Vehicle To Europe Updated On Thu, Feb 1st, 2024 by Saurenergy Hyundai Motor and Iveco Group recently signed a supply agreement for IVECO-badged all-electric light commercial vehicles. This agreement is undertaken to supply electric vehicle for Europe based on Hyundai’s Global e-LCV platform. Through this agreement, the new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the group’s LCV portfolio alongside the IVECO […] Read more
