Global Solar Installations to hit 115 GW in 2020, Only 4.9 GW for India: WoodMac Updated On Wed, Oct 28th, 2020 by Saurenergy As global solar PV markets continue to weather the challenges posed by the pandemic, solar PV installations are expected to hit 115 GW dc this year. As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GW dc this year, according to […] Read more
Do Tesla’s Battery Day Announcements Signal Massive Acceleration for EV’s? Updated On Fri, Sep 25th, 2020 by Saurenergy On September 23, as Founder and CEO Elon Musk made a slew of announcements regarding the future prices of its models, fresh new battery technology, and even new manufacturing breakthroughs, he signaled a massive change for the EV category, yet again. Should he be taken at face value, or is this yet another way to […] Read more
Wind Sector in Southeast Asia Needs $14 Bn in Investments by 2030: WoodMac Updated On Tue, Sep 22nd, 2020 by Saurenergy According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. According to a new analysis, the wind power sector in Southeast Asia requires at least USD 14 billion of investments by 2030. This is to support the 8.9 gigawatts (GW) of new wind power capacity […] Read more
With Right Investments, UK can Lead World to Net-Zero Goals: Report Updated On Thu, Sep 17th, 2020 by Saurenergy Wood Mackenzie has delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS). Closing the Gap – Technology for a Net Zero North Sea produced by Wood Mackenzie for the OGTC, with support from […] Read more
US Solar Market Installed 3.5 GW of new Solar Capacity in Q2 2020 Updated On Tue, Sep 15th, 2020 by Saurenergy The US solar market installed 3.5 GW of new solar PV capacity in Q2 2020, a drop of 6 percent from Q1 installations, according to a new report. The US solar market installed 3.5 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q2 2020, a drop of 6 percent from Q1 installations. At the same time, utility-scale solar remained resilient despite the COVID-19 […] Read more
APAC Power Sector Could Attract $1.5 Tn in Investments by 2030: WoodMac Updated On Mon, Sep 14th, 2020 by Saurenergy A new report shows that the power generation sector in APAC could attract USD 1.5 trillion worth of investments over the decade ending 2030. The latest report by research agency Wood Mackenzie shows that the power generation sector in the Asia Pacific (APAC) could attract USD 1.5 trillion worth of investments over the decade ending […] Read more
The Green Hydrogen Wave, And Its Implications for Renewable Energy Updated On Thu, Aug 27th, 2020 by Saurenergy A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […] Read more
Both Growth and Evolution Hand in Hand in Lithium Storage Updated On Tue, Aug 25th, 2020 by Saurenergy A report by energy analyst firm Wood Mackenzie’s has predicted a fourfold rise in global lithium-ion cell manufacturing capacity to reach 1.3 terawatt-hour (TWh) in 2030 compared to 2019. The firm has based this estimate on 119 battery manufacturing facilities that are operational, under construction or announced by more than 50 vendors worldwide. The main […] Read more
China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more