Sweden Comes Out on Top in IEA’s Energy Transition Country Review Updated On Fri, Apr 12th, 2019 by Saurenergy Sweden is a global leader in building a low-carbon economy, with the lowest share of fossil fuels in its primary energy supply among all IEA member countries, and the second-lowest carbon-intensive economy. Sweden has been successful in its energy transformation through market-based policies that focus on energy efficiency and renewable energy, notably CO2 taxation, which has […] Read more
India, China and US Account For 70% of Rise in Energy Demands: IEA Updated On Tue, Mar 26th, 2019 by Saurenergy IEA’s new report reveals that India, China and the US accounted for 70% of the global rise in energy demands last year, as demands were at a 10 year high. India, China, and the US together accounted for nearly 70 percent of the global rise in energy demands in 2018, according to a new report “The Global […] Read more
Solar Power Generation Set to Touch 600 GW by 2023: Report Updated On Wed, Nov 14th, 2018 by Saurenergy This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […] Read more
Solar will Become More Competitive than Coal by 2040: IEA Updated On Wed, Nov 14th, 2018 by Saurenergy IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […] Read more
Piyush Goyal to Receive Penn’s Top Prize in Energy Policy on Oct 19 Updated On Tue, Oct 16th, 2018 by Saurenergy During his tenure, the Minister directed a fast-track effort to electrify 18,000 villages in remote parts of India—helping bridge the country’s vast energy divide. The Kleinman Center for Energy Policy at the University of Pennsylvania School of Design will award its 4th Annual Carnot Prize to Piyush Goyal, India’s former Minister of Power and Renewables […] Read more
Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
China Aims To Install Record Amount Of Solar Power Capacity Updated On Tue, Nov 21st, 2017 by Saurenergy China has left Germany behind having most installed photovoltaic power capacity in 2015. China, being the world’s largest carbon emitter, now aims to be the biggest installer of solar power capacity with record numbers pushing the researchers to add almost 80 percent more capacity to stipulated one. The amount of additional capacity of 30GW of […] Read more
IEA Predicts India Will Lead the World in Clean Energy By 2040 Updated On Fri, Nov 17th, 2017 by Saurenergy Rapid deployment of solar photovoltaics (PV), led by China and India, will help solar energy become the largest source of low-carbon capacity The International Energy Agency (IEA) predicts India is likely to lead global energy demand growth surpassing China and the US by 2040. In its latest World Energy Outlook, published by the International Energy […] Read more
Solar Power a Clear Leader, IEA Report Finds Updated On Fri, Nov 17th, 2017 by Saurenergy For the first time ever, there were more grid additions from solar power than another other type of fuel, the International Energy Agency said. IEA Executive Director Fatih Birol said that, by 2022, renewables in general will equal about half the global capacity for coal power and its solar energy in particular that’s leading the […] Read more