IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report Updated On Tue, Jul 16th, 2024 by Saurenergy Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target. IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […] Read more
Brazil Leads Among G20 Countries With Higher RE Capacity: EMBER Updated On Fri, Jul 12th, 2024 by Saurenergy Brazil has made recent advancements in increasing renewable energy in the total energy mix. According to the data shared by EMBER, the country powered 89% of electricity in 2023 from wind and solar. This solidified Brazil’s position as one of the leading G20 countries in renewable electricity generation in South America. The report found that […] Read more
Brookfield Makes $200 Mn Investment In Leap Green Energy Updated On Thu, Jul 11th, 2024 by Saurenergy Brookfield made an equity investment in Leap Green Energy, a renewable platform based in Tamil Nadu. This investment is focused on providing clean energy solutions to commercial and industrial customers. Brookfield, a Canada-based alternative investment management company, and Leap Green entered into definitive strategic investment agreements. Under this agreement, Brookfield acquired a majority controlling stake […] Read more
News In Brief July 11: Solar At Chamunda Devi, Enfinity, ‘Copperstring’ Project Updated On Thu, Jul 11th, 2024 by Saurenergy KLK Ventures Illuminates Chamunda Mata Mandir With Solar-Powered Safety And Sustainability KLK Ventures Pvt. Ltd., a renewable energy solutions provider has completed a solar lighting installation project at Chamunda Mata Mandir in Himachal Pradesh. This project was undertaken in collaboration with HIMURJA, the state agency responsible for promoting renewable energy in Himachal Pradesh. US IPP […] Read more
Amazon On Course To Meet RE Goal Seven Years Before Schedule Updated On Thu, Jul 11th, 2024 by Saurenergy Amazon has invested in 50 wind and solar projects in India to date. It claims to be one of the first corporations to enable utility-scale renewable energy projects in India, Greece, South Africa, Japan, and Indonesia, among other countries. In 2019, the company set the goal to match all of the electricity consumed across Amazon’s […] Read more
Africa Solar Progress: The Next Solar Frontier? Updated On Mon, Jul 8th, 2024 by Saurenergy Africa is a gold mine, both literally and figuratively. Providing essential resources for the global transition to clean energy, Africa also holds immense potential for renewable energy development. By 2023, the continent had 62.11 GW of renewable energy capacity installed, a figure that could rise substantially with more funding. Africa as a continent – and […] Read more
All In For Battery Based Energy Storage- Saurabh Kumar, GEAPP Updated On Mon, Jul 1st, 2024 by Saurenergy For India’s energy sector, the impact Saurabh Kumar has been well documented. Currently, the Vice President-India, GEAPP (Global Energy Alliance for People and Planet) Kumar is well known for being the man behind the LED revolution in the country, which he initiated during his stints as the key founder of the public sector Bureau of […] Read more
5 Key Takeaways: Statistical Review of World Energy Report Updated On Fri, Jun 28th, 2024 by Saurenergy As the world grapples with the dual challenges of ongoing climate change and the transition to sustainable energy sources, the Energy Institute’s Statistical Review of World Energy offers valuable insights into global energy trends. The latest edition of the report, now in its 73rd iteration and the second under the Energy Institute, analyzes data from […] Read more
India Energy Storage Week Eyes Rs 2,000cr Investments In EV, Storage Updated On Thu, Jun 27th, 2024 by Saurenergy India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a press conference today, IESA announced the potential investment of over INR 2000 crore coming to India at IESW 2024. In the presence Cristian Valdes Carter, Director & Commercial Counsellor – India, […] Read more