US Could Usher Over 90 GW Wind Installations By 2028: US Wind Watch Updated On Fri, Oct 6th, 2023 by Saurenergy A latest study release entitled, the ‘US Wind Watch’, has been released by Wood Mackenzie and the American Clean Power Association. The report reflects on the surge in offshore wind projects, the revival of onshore markets, and the booming repowering sector. Estimates on Wind Installations The study estimates more than 90 GW of wind energy […] Read more
Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022 Updated On Wed, Oct 4th, 2023 by Saurenergy Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […] Read more
Mordor Intelligence Pegs 6.97% CAGR in 2023-28 for Distributed Solar Power Generation Updated On Tue, Oct 3rd, 2023 by Saurenergy A report release by Mordor Intelligence on distributed solar power generation market size forecasts that the market is expected to grow from USD 139.96 billion in 2023 to USD 196.03 billion. It is estimated that this growth is to be attained by 2028, at a CAGR of 6.97% during the forecast period (2023-2028). The report […] Read more
TPREL to Set Up 41 MW Captive Solar Plant for Solar Manufacturing Unit Updated On Thu, Sep 28th, 2023 by Saurenergy Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Limited, will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for Tata Power Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. The captive plant will help generate 101 million units […] Read more
ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark Updated On Mon, Sep 11th, 2023 by Saurenergy Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […] Read more
Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period Updated On Mon, Sep 4th, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […] Read more
Sweden Tries Solar-Powered Hybrid Truck On Public Roads Updated On Thu, Aug 31st, 2023 by Saurenergy A unique hybrid truck with a solar panel-covered trailer is being tested on public roads, as a result of a two-year research collaboration involving Scania, Uppsala University, Eksjö Maskin & Truck, Midsummer, Ernsts Express, and Dalakraft. The solar-powered truck has been developed in a research project partly funded by the government agency of innovation Vinnova […] Read more
Tata Power To Build 28 MW Captive Solar Plant For Sanyo Steel Updated On Thu, Aug 31st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), the renewable arm of Tata Power through its subsidiary TP Alpha Limited (Special Purpose Vehicle –SPV), signed a Power Delivery Agreement (PDA) with Sanyo Special Steel Manufacturing India Pvt. Ltd. for a captive solar plant. It has a capacity of 28.125 MW (AC) (i.e. 39.375 MWp DC). The plant […] Read more
Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA Updated On Wed, Aug 30th, 2023 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […] Read more
