Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER Updated On Mon, Dec 4th, 2023 by Saurenergy Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […] Read more
Growth Of EV Market Highest In China, EU, Says WRI Report Updated On Tue, Nov 21st, 2023 by Saurenergy Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […] Read more
Solar Rental Marketplace OTOVO Raises €40mn Funding Updated On Wed, Nov 15th, 2023 by Saurenergy Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
UAE Rising: Top 5 Reasons Why This Gulf State Is A Renewable Leader Updated On Wed, Nov 1st, 2023 by Saurenergy The United Arab Emirates (UAE), one of the smallest members of the OPEC cartel, and among Arab nations, continues to remain one of the world’s energy powerhouses. While ranking 116th in size, the country has continued to retain a rank as the world’s 8th largest producer of crude oil. But the country is making headlines […] Read more
Solar Accounted For 60% Of New Generation Capacity In Last 5 Years: IEA Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency (IEA) report titled “World Energy Outlook”, shares an update on India’s initiative to build energy security and reduce greenhouse gas emissions. The report states that recent events, such as rising heatwaves and other extreme weather events, have not caused a significant increase in greenhouse gas emissions. It further adds that it […] Read more
European Green Deal Law Aided In Increased RE Deployment: Report Updated On Wed, Oct 25th, 2023 by Saurenergy The European Union (EU) shared a report titled ‘The State of the Energy Union’ 2023, by the European Commission. The report looks back on the EU response to the unprecedented energy crisis of the past two years. It assesses the state of play with the green transition at the national and global levels. It further […] Read more
At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA Updated On Wed, Oct 18th, 2023 by Saurenergy The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions. The report suggests that a link between delays in grid […] Read more
Four Areas Where Solar Power Can, Is, and Ought To Make a Bigger Impact Updated On Fri, Oct 13th, 2023 by Saurenergy “The real wealth of a nation is its people. The purpose of development is to create an enabling environment for people to enjoy long, healthy and creative lives,” said noted economist and Noble Prize winner Mahbub-ul-Haq. I was reminded of this profound universal concept that underpins today’s ‘Human Development Index,’ which serves as the defining […] Read more
