Sinopec Launches China’s 1st Offshore Floating Solar Project Updated On Fri, Jul 4th, 2025 by Saurenergy China Petroleum & Chemical Corporation (Sinopec) has brought into operation the country’s first commercial offshore floating photovoltaic (PV) project in a full-seawater environment, in collaboration with the Shandong provincial government and the Qingdao municipality. The project, now operational, marks a significant milestone in China’s renewable energy efforts, combining an earlier pile-based floating PV installation to […] Read more
China’s Narada Power Secures 1.4G Wh Energy Storage Order in India Updated On Fri, Jul 4th, 2025 by Saurenergy China-based Narada Power recently signed an energy storage (ESS) order with a large-scale independent power producer (IPP) in India, said China’s Energy Solar Association in a release. Narada Power secured the recent order to supply a 1.4GWh energy storage system for a major new energy photovoltaic project in India, it added. This organization said, “This […] Read more
Grid-Forming Tech Key To Powering $5 Tr Renewable Expansion: WoodMac Updated On Thu, Jul 3rd, 2025 by Saurenergy Battery energy storage systems (BESS) will require $1.2 trillion in investments to support more than 5,900 GW of new wind and solar capacity installations globally through 2034, research firm Wood Mackenzie said. The research firm said grid-forming (GFM) technology should be deployed to help achieve the projected $5 trillion expansion in global renewable energy capacity. […] Read more
2025: BRICS Solar Generation Jumps 39% YoY, Russia, Egypt, Indonesia Trail Updated On Thu, Jul 3rd, 2025 by Saurenergy A new report from energy think tank Ember shows that the ten BRICS nations accounted for 51% of global solar electricity generation in 2024, up from just 15% a decade earlier. The findings, released ahead of the BRICS summit, highlight a major shift in the global energy transition, positioning the bloc as a key player. […] Read more
Global Offshore Wind Capacity Hits 83.2GW In 2024: GWEC Updated On Thu, Jun 26th, 2025 by Saurenergy Global offshore wind capacity reached 83.2 GW, with 8 GW of additions at the end of 2024, into the grid last year, finds the Global Wind Energy Council (GWEC) report. The study indicated that the latest capacity addition is 26% lower than additions in 2023, making 2024 the fourth-highest year for new installations in offshore […] Read more
Global Offshore Wind Auctions Hit 56 GW; 45 GW Under Construction: GWEC Updated On Thu, Jun 26th, 2025 by Saurenergy Global Wind Energy Council (GWEC) Market Intelligence’s latest report recorded the addition of 83 GW of offshore wind capacity installed worldwide, supplying clean, affordable electricity to 73 million households. The report found that China holds the top position and is projected to continue dominating the market in the region until 2027, with a current market […] Read more
Wind, Solar Grow 16%, But Fossil Fuel Use Persists: Report Updated On Thu, Jun 26th, 2025 by Saurenergy Global CO₂-equivalent emissions from energy rose 1% in 2024, marking a fourth consecutive annual record, the Energy Institute (EI) said. The increase came in a year when average temperatures consistently breached the 1.5°C global warming threshold. The 74th edition of EI’s Statistical Review of World Energy, developed with Kearney and KPMG, offers a comprehensive overview […] Read more
China Gains EV Market Share in Thailand, Brazil Amid US Policy Lag: Report Updated On Fri, Jun 20th, 2025 by Saurenergy BloombergNEF’s annual Electric Vehicle Outlook (EVO) expects nearly 22 million battery electric and plug-in hybrid vehicle sales this year, up 25% from 2024. It associates the rise in sales with a drop in lithium-ion battery cost and with the increase in production of more affordable EV models, ramp-up. China currently accounts for nearly two-thirds of those […] Read more
Is China Undoing Decades Of Work On Green Transition? Updated On Mon, Jun 9th, 2025 by Saurenergy For years, for all the credit China got for the sharp drop in prices for renewable energy and electric vehicles, one felt even that wasn’t always appreciated enough. People don’t realise that the price of solar has dropped by over 90% over the past decade and more, almost wholly due to Chinese manufacturing. That has […] Read more
