IRENA & GWEC Target 380 GW Offshore Wind Energy by 2030 Updated On Tue, Sep 28th, 2021 by Saurenergy The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) have signed the Global Offshore Wind Energy Compact, an agenda that aims to ensure sustainable energy for all, helping the global battle against climate change. The compact sets a target of 380 GW of energy from offshore wind, installed worldwide by 2030; by […] Read more
Shell Orders Singapore’s 1st Fully Electric Ferry Service from Penguin Intl Updated On Mon, Sep 27th, 2021 by Saurenergy Anglo-Dutch energy giant Shell has awarded a contract to Singapore company, Penguin International Limited, to design, build and operate at least three fully-electric ferries which, when operational, will be the first fully-electric ferry service in Singapore and a first for Shell globally. Expected to set sail in the first half of 2023, the new 200-seater […] Read more
Global Fossil Fuel Subsidies Stand at $6 Trillion: IMF Updated On Mon, Sep 27th, 2021 by Saurenergy New research produced by the International Monetary Fund (IMF) estimates global fossil fuel subsidies at about US$6 trillion (i.e. 6.8 percent of global GDP), with more than 70 percent reflecting undercharging for the environmental costs pertaining to the fuels, revealed IMF Managing Director Kristalina Georgieva at a recent UN energy summit. The IMF had previously estimated […] Read more
No Relief For Greenyana At Aptel For Haryana Project Updated On Mon, Sep 27th, 2021 by Saurenergy Recently, the Appellate Tribunal for Electricity (APTEL) has dismissed Greenyana Solar’s plea against Haryana Electricity Regulatory Commission’s (HERC) order, which denied the solar developer’s plant at Kurangawali connectivity to the state’s grid. Greenyana is a subsidiary of Cleantech Solar. In 2018, Greenyana applied for connectivity to Haryana Vidyut Prasaran Nigam (HVPN) for its solar plant […] Read more
Mercedes-Benz Buys 33% Stake in ACC Battery Project Updated On Sat, Sep 25th, 2021 by Saurenergy On its path toward an all-electric future, Mercedes-Benz is taking 33% stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules, said an official statement. As announced in July 2021, Mercedes-Benz is expected to go fully electric by the end of the […] Read more
Shell Commits to RE Investments Worth $565 M in Brazil by 2025 Updated On Fri, Sep 24th, 2021 by Saurenergy Anglo-Dutch energy giant Royal Dutch Shell has committed to invest 3 billion reais ($565 million) by 2025 in renewable energy in Brazil, for which it has launched a new division, Shell Energy Brazil, in the country. Most of the capex is related to solar energy projects, Reuters reported executives as saying. The head of renewable development […] Read more
Off-grid Electrification Can Drive Economic Growth in Sub-Saharan Africa Updated On Fri, Sep 24th, 2021 by Saurenergy Compared to other regions in the world, sub-Saharan Africa (SSA) exhibits the lowest electrification rate at 47% and the degree of urban-rural electrification inequality is also greater in the area than anywhere else. Off-grid electrification can play a vital role in extending electricity access to rural communities and improving economic resilience, finds a new report. […] Read more
Chalet Hotels is Now World’s 1st Hospitality Co to Join Climate Initiatives Updated On Thu, Sep 23rd, 2021 by Saurenergy Chalet Hotels Limited (CHL), owner, developer and asset manager of high-end hotels in key metro cities in India, has claimed to be the first hospitality company, globally, to join Climate Group’s RE100, EP100 and EV100 initiatives linked to renewable electricity, energy efficiency and electric mobility respectively. The announcement comes during the Climate Week NYC 2021, […] Read more
CMERI Hands Over Solar DC Cooking Tech to 2 WB Entities Updated On Thu, Sep 23rd, 2021 by Saurenergy The CSIR-CMERI developed solar DC cooking system was handed over to two business entities of West Bengal, namely Asansol Solar & LED House and Meeco Solar & Infrastructure Associates, Durgapur, yesterday. The transfer was done by Prof. Harish Hirani, Director, CSIR-CMERI. The Central Mechanical Engineering Research Institute (CMERI) is an institute under the Council for […] Read more
