Egypt Set To Catch Up On Solar Growth In Coming Years Updated On Wed, Sep 8th, 2021 by Saurenergy GlobalData’s has released a new report, ‘Egypt Power Market Outlook to 2030, Update 2021 – Market Trends, Regulations, and Competitive Landscape’ to evaluate and project the Egyptian power market to 2030. Egypt, despite having very favourable conditions for renewable energy, especially solar power, has lagged until recently, like much of the countries in the African […] Read more
India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA Updated On Thu, Jun 24th, 2021 by Saurenergy Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […] Read more
Solar Tracker Maker PVH set to Open First Solar Facility in the Middle East Updated On Wed, May 19th, 2021 by Saurenergy California-headquartered PV Hardware (PVH), a Spanish solar tracker and mounting systems manufacturer, announced yesterday its plans to open a manufacturing facility in Saudi Arabia. The company’s first factory and branch in the Middle East will manufacture PV structures, solar tracking systems and robotic cleaning devices ‘Made-in-K.S.A.’, in response to the rules for domestic content recently outlined […] Read more
Africa is Only Tapping Into 0.01% of its Wind Power Potential Updated On Mon, Mar 8th, 2021 by Saurenergy Africa and the Middle East region installed 821 MW of new wind power capacity in 2020, with potential in the region barely scratching the surface According to the latest data released by GWEC Market Intelligence, Africa and the Middle East region installed 821 MW of new wind power capacity in 2020, bringing total capacity in […] Read more
ACWA Power Signs Agreements for 1st Foreign Investment Wind Project in Azerbaijan Updated On Thu, Dec 31st, 2020 by Saurenergy ACWA Power has executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan. Following the signing of the implementation agreement for the USD 300 million Independent Power Project in January 2020, ACWA Power has now executed the official agreements for the 240 […] Read more
PM Modi to Inaugurate 30 GW Wind and Solar Park in Gujarat This Month Updated On Fri, Dec 4th, 2020 by Saurenergy Prime Minister Narendra Modi will be inaugurating the world’s largest solar and wind energy park in Kutch, Gujarat PM Shri @narendramodi to visit Gujarat on December 15 to perform ground breaking for world’s largest renewable energy park in border area of Kutch and also for a desalination plant at Mandvi. pic.twitter.com/c3ywi2ORHu — CMO Gujarat (@CMOGuj) […] Read more
Preparing For a Renewable Future- The Business Models That Matter Updated On Tue, Dec 1st, 2020 by Saurenergy If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […] Read more
Dubai’s 5GW Solar Park On Track With 3rd Phase Opening Updated On Wed, Nov 25th, 2020 by Saurenergy The Dubai Water and Electricity Authority (DEWA) has formally announced the official opening of the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park (MBRAM). Named after the UAE’s Prime Minister and Vice President, Sheik Mohammed bin Rashid Al Maktoum himself came to do the honours. With the latest opening, the park’s […] Read more
India Will Reach 175 GW Renewable Energy Capacity Before 2022: PM Modi Updated On Mon, Nov 23rd, 2020 by Saurenergy In his G-20 summit address, PM Modi claimed that India will meet its goal of 175 GW of renewable energy capacity well before the target of 2022. Prime Minister Narendra Modi participated in the 15th G20 Summit convened by Saudi Arabia in a virtual format, on 21-22 November 2020. In his address, Modi claimed that […] Read more