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
India Expected to be the Largest Contributor to the Renewables Upswing in 2021: IEA Updated On Wed, Nov 11th, 2020 by Saurenergy IEA has predicted that India will be the largest contributor to the renewables upswing in 2021 and one of the key forces behind the record global expansion Renewable power is growing robustly around the world this year, contrasting with the sharp declines triggered by the COVID-19 crisis in many other parts of the energy sector […] Read more
2021 Carries All Solar Hopes In India, With Expected 8.8 GW Capacity Addition Updated On Tue, Nov 10th, 2020 by Saurenergy A fresh quarterly update from a research agency pegs expected solar capacity addition in the calendar year 2020 (Jan-Dec) at 2.8 GW, while Wind Energy is expected to add just 1.2 GW. However, things should start looking up from the next two quarters itself, i.e. Q4 2020 and Q1 2021, when about 4 GW of […] Read more
Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
Interest to Invest in the Indian Renewable Energy Sector Remains Strong: CEEW-CEF and IEA Updated On Mon, Nov 9th, 2020 by Saurenergy Interest to invest in the Indian renewable energy sector remains strong, according to a new report by CEEW-CEF and IEA Interest to invest in the Indian renewable energy sector remains strong, according to a new report on India’s Clean Energy Investment Trends by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy Agency […] Read more
71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
Renewables can Help Kosovo Break From Coal-Powered Past: IEEFA Updated On Thu, Nov 5th, 2020 by Saurenergy Strong performance by its first large-scale wind and solar farms shows that Kosovo can exploit falling renewables costs to move away from fossil fuel. Strong performance by the first large-scale wind and solar farms in Kosovo shows the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with […] Read more
Renewable Energy Solutions can be Backbone of Urban Decarbonization Efforts: Report Updated On Thu, Nov 5th, 2020 by Saurenergy A new report by IRENA and IKI finds that renewable energy solutions can be the backbone of urban decarbonization efforts. A new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) finds that renewable energy solutions can be the backbone of urban decarbonization efforts. The report ‘Rise of renewables in […] Read more
Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report Updated On Wed, Nov 4th, 2020 by Saurenergy A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […] Read more
