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
Still in the Dark: IRENA Urges Bigger Decentralised RE Push For 666 Mn People Updated On Wed, Jul 2nd, 2025 by Saurenergy The International Renewable Energy Agency (IRENA) has called for scaled-up, targeted financial support for decentralised renewable energy to help bring electricity to 666 million people in rural and vulnerable areas of developing countries. In its latest annual report tracking progress towards Sustainable Development Goal 7, IRENA highlighted the role of distributed renewable energy — including […] Read more
Merchant Power Firms Add Risk Amid Cooling Prices, Early Monsoons: SBI Caps Updated On Wed, Jul 2nd, 2025 by Saurenergy Merchant power producers in India may face increasing financial pressure as erratic cooling demand, driven by weather volatility, disrupts traditional consumption patterns, according to a new report by SBI Capital Markets (SBI CAPS). The report, titled “Merchant Power – Can It Handle Bouncy Cooling Demand?”, highlights that power demand in the first quarter of FY2025-26 […] 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
India Logged World’s 3rd-Highest Power Generation Growth, Finds IEA Updated On Fri, Jun 20th, 2025 by Saurenergy The International Energy Agency (IEA) latest report showed that India has seen the third-largest growth in power generation capacity in the world after China and the United States (US) over the past five years. IEA report explained, “While growth in power generation has come from all sources, there has been a surge in investment in […] Read more
India Attracted $2.4 Bn For Clean Power Projects In 2024: IEA Updated On Fri, Jun 20th, 2025 by Saurenergy India recently saw a rise in electricity demand, driven by several factors, including increases in commercial and residential space, a surge in ownership of air conditioners and appliances, and rising demand from industry, according to the International Energy Agency (IEA) “World Investment Report” report. While growth in power generation has come from all sources, there […] Read more
