14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal Updated On Tue, Jan 9th, 2024 by Saurenergy The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […] Read more
Senior Manager- Corporate Planning & Strategy Updated On Fri, Jan 5th, 2024 by Saurenergy Play a critical role in our Green Hydrogen team, responsible for identifying suitable site locations for ReNew’s Solar/Wind projects for Green Hydrogen Business. This role requires in-depth knowledge of renewable energy project development, site identification, and cost estimation from inception to project erection. Key Responsibilities:- Site Identification:- Identification of potential sites for solar/wind energy projects, […] Read more
ARCI Develops Lead-Free Perovskite Photodetector Updated On Fri, Jan 5th, 2024 by Saurenergy Researchers at the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) in Hyderabad, India, have innovated an organic-inorganic halide perovskite photodetector utilizing magnesium as a partial substitute for lead. The ARCI breakthrough represents a major stride in enhancing the safety of solar energy generation. Lead is a heavy metal that has highly […] Read more
IEX December Market Update- Green Market Slide Continues with 60% Drop Updated On Thu, Jan 4th, 2024 by Saurenergy Indian Energy Exchange,(IEX) India’s premier energy exchange, achieved 9,707 MU overall volume in December’23, including 10.52 Lac Renewable Energy Certificates (RECs) (equivalent to 1052 MU), marking a 14.9% increase on YoY basis. IEX achieved 8,655 MU total electricity volume in December 2023, registering an increase of 8.7% on YoY basis. For the third quarter of […] Read more
EIB Backing of €400 million For Green Renewable Energy Developer Updated On Wed, Jan 3rd, 2024 by Saurenergy Greek renewable energy developer Mytilineos has secured backing from the European Investment Bank (EIB) for €400 million (US$437 million) to support its solar and battery storage development plans. Mytilineos has a broader plan for the development of 2.6GW of solar PV and storage assets across the EU through 2027. The total sum of the investment […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
ESMAP, World Bank Report Make Case For Energy-Plus Storage In India Updated On Fri, Dec 29th, 2023 by Saurenergy A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […] Read more
Use Of Critical Mineral In Electric Vehicles Can Enhance Battery Life: IEA Updated On Fri, Dec 29th, 2023 by Saurenergy The International Energy Agency (IEA) released a report analyzing the use of critical minerals in electric vehicles and found the use of critical minerals important in improving transparency in the supply chain.It mentions that to make the supply chain of critical minerals transparent, it requires that the companies that manufacture them purchase clean energy technologies. […] Read more
