Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA Updated On Wed, Dec 6th, 2023 by Saurenergy The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […] Read more
AutoNxt Automation Showcases New Electric Tractor at KRISHITHON Updated On Tue, Dec 5th, 2023 by Saurenergy AutoNxt Automation, which claims to be the electric tractor venture in India, presented a new application, Loader in 45HP tractor and the prototype of 20HP electric and self-driving tractor at KRISHITHON 2023. Kaustubh Dhonde, Founder & CEO (Chief Executive Officer) of AutoNxt Automation, expressed enthusiasm, “We are extremely proud to introduce our new application of […] Read more
Energy Efficiency In G20 Countries Increased By Four Percent: IEA Report Updated On Tue, Dec 5th, 2023 by Saurenergy A latest report of the International Energy Agency (IEA) on energy efficiency emphasized that a doubling of efficiency progress has the potential to reduce energy bills by one-third. It said that it has the potential to reduce carbon dioxide (CO2) emissions by 50% in 2030. The report underscores the pivotal role the G20 countries can […] Read more
Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA Updated On Mon, Dec 4th, 2023 by Saurenergy IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […] Read more
Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER Updated On Mon, Dec 4th, 2023 by Saurenergy Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […] Read more
US Proposes Norms To Counter Chinese Domination In Battery Manufacturing Updated On Mon, Dec 4th, 2023 by Saurenergy The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […] Read more
Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report Updated On Mon, Dec 4th, 2023 by Saurenergy A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […] Read more
European New Trade Defense Measure To Impact Solar Jobs: Report Updated On Fri, Dec 1st, 2023 by Saurenergy Solar Power Europe recently released a joint statement and warned that 433 European solar companies and associations may undertake trade measures. They add that, these measures could negatively affect solar jobs in EU, and cause detriment to EU’s green energy transition, which is currently at a critical moment in time. The report mentions that the […] Read more
Asia Likely To Have 55% Share Of Global Renewable Energy Jobs: IRENA Updated On Fri, Dec 1st, 2023 by Saurenergy IRENA (International Renewable Energy Agency) recently released its world energy transition outlook report. Their report mentioned that Asia is expected to account for a 55% share of global renewable energy jobs, followed by Europe (14%), US (13%) and Sub-Saharan Africa (9%) till 2050 under 1.5-degree scenario. It adds that, the jobs are unevenly distributed as, […] Read more
