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
5 Key Points for India on the Road to 300 GW Solar by 2030 Updated On Tue, Jul 16th, 2024 by Saurenergy India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […] Read more
Global Battery Storage Capacity Set To Reach 2,200 GW By 2050: Report Updated On Mon, Jul 15th, 2024 by Saurenergy BP Energy Outlook 2024 report, reported a rise in global power generation to nearly 25,000 TWh under current projections. This increase is closely paralleled by an approximately eight-fold rise in wind and solar power, reaching 23,000 TWh. The study projects a 40% decline in global coal-fired generation by 2050, with significant decreases expected across most […] Read more
As EV Infra Charges Up, Expect EVs To Follow Suit Updated On Mon, Jul 15th, 2024 by Saurenergy The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible improvements one can expect in EV charging infrastructure, as well […] 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
NTPC-REL Seek Bids To Develop 795 MW Solar Projects At Khavda Updated On Thu, Jul 11th, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited bids to develop 795 MW (2×275 MW + 1×245 MW) of solar projects at the famous Khavda renewable energy power park at the Rann of Kutch in Gujarat. NTPC REL invited these bids to design, engineering, manufacturing, supply, packing and forwarding, transportation, unloading storage, installation, testing, and […] Read more
Climate-Focused Non-Profits Make an Impact Updated On Thu, Jul 11th, 2024 by Saurenergy India is the most populous country in the world and is poised to become a $5 trillion economy — the world’s third largest — in the next five years. Today, India’s per capita greenhouse gas emissions are about one tenth of those from the United States, and India represents just 3.4% of historic global emissions. […] Read more
ALMM: India’s Solar Module Manufacturing Capacity Touches 50.8 GW Updated On Tue, Jul 9th, 2024 by Saurenergy India’s total enlisted solar module manufacturing capacity has now touched 50.8 Gigawatt (GW), the latest ALMM list issued by the Ministry of New and Renewable Energy (MNRE) revealed. The recent Approved List of Models and Manufacturers (ALMM) lists a total of 93 solar module manufacturing plants in India, against the earlier figure of 90. The […] Read more
Will China’s Price Woes In Lithium Battery, Module Sectors Mean Further Drops In India? Updated On Mon, Jul 8th, 2024 by Saurenergy For two of the biggest energy bets made by China in the past decade, namely, battery storage and solar manufacturing, June continued to bring bad news in terms of price trends. Lithium Prices Continue to Fall Taiwan based TrendForce has released a report saying that June saw a significant drop in lithium prices due to […] Read more
