India Overtakes Japan To Become World’s 3rd Largest Solar Power Generator Updated On Wed, May 8th, 2024 by Saurenergy India’s growth in solar generation in 2023 pushed the country past Japan to become the world’s third-largest solar power generator, according to a report by global energy think tank Ember. It has climbed from ranking ninth in 2015. The Global Electricity Review provides the first comprehensive overview of the global power system in 2023 based […] Read more
India’s Subsidies For Fossil Fuels 5 Times Higher Than For Clean Energy: IISD Updated On Wed, Mar 13th, 2024 by Saurenergy The 2022 global energy crisis and India’s growing energy demand have led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India’s total energy subsidies to a 9-year high of INR 3.2 lakh crore (USD 39.3 billion) for the fiscal year ending 2023 (FY 2023), new […] Read more
West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report Updated On Tue, Mar 12th, 2024 by Saurenergy A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […] Read more
Yearly Review: India Added More Coal Power Than Wind In 2023 Updated On Mon, Feb 5th, 2024 by Saurenergy The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
Electricity Demand Growth Grew Fastest In India, China: IEA Report Updated On Mon, Jan 29th, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that electricity demand in 2023 plummeted in the United States and European countries. It, however, said that the power demand in India, China, and some South Asian countries grew rapidly. The global energy think tank attributed several reasons for the same. The report said that while China, […] Read more
Trillion Dollars Needed For Green Repowering Of Thermal Plants: iFOREST Report Updated On Tue, Jan 16th, 2024 by Saurenergy A latest report from International Forum for Environment, Sustainability and Technology (iFOREST) estimates that India would require more than a trillion dollars in the next 30 years to systematically phase down operations of the existing coal mines and Thermal Power Plants (TPPs) by 2050. The report talked about Just Transition, its financial requirements, and a […] Read more
Evolve Tender Specifications To Boost Indian Floating Solar Sector: World Bank Report Updated On Tue, Dec 26th, 2023 by Saurenergy A latest report by the World Bank on the state of India’s floating solar segment said that the country needed to evolve tender specifications to boost the sector. The report mentioned that while India has a 300 GW potential for floating solar, merely 350 MW of the technology could be deployed till now. The report […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
