Finland Plans For A National Hydrogen Network Updated On Fri, Jun 24th, 2022 by Saurenergy The race to carbon neutrality continues apace, at least in some parts of Europe. While the accelerating solar and wind energy expansion is partly due tothe Russian-Ukraine conflict that has pushed Europe to reduce and possibly end its dependence on the fossil fuel supplies from Russia. In a key development, the Finland Government has held […] Read more
JERA Collaborates with West Corp. for 1GW Solar Power Production in Japan Updated On Thu, Apr 28th, 2022 by Saurenergy The biggest power company of Japan, JERA and West Holdings Corporation, have reached a final agreement for developing solar power generation projects in Japan of about 1 GW. The official statement of JERA announces that the company has also concluded a share purchase agreement with a shareholder of West HD to acquire approximately 2.3% of […] Read more
China’s sunset on wind and solar subsidies could impact climate change efforts: IFFRAS Updated On Wed, Feb 16th, 2022 by Saurenergy International Forum for Rights and Security (IFFRAS) – a Canada based think tank – has reported that the renewables’ expansion that has been in full flow in China can see a reversal. In 2021, China finally ended many subsidies on solar and wind energy. This will discourage the use of cleaner sources of energy and […] Read more
Capgemini to Order Only Hybrid & EVs, Ends Pure Diesel/Petrol Orders Updated On Tue, Jul 13th, 2021 by Saurenergy French IT company Capgemini has announced that it will now order only hybrid and electric cars and vans for its 12,000-vehicle company fleet, stopping with immediate effect the order of new pure diesel or petrol vehicles as part of its plans to transition to a fully electric fleet by 2030. The company aims to achieve […] Read more
Bengaluru Airport Becomes Net Energy Neutral, Saves 22 Lakh Units Updated On Mon, Jun 7th, 2021 by Saurenergy On World Environment Day, Bangalore International Airport Limited (BIAL) announced that the Kempegowda International Airport, Bengaluru has achieved net energy neutral status in the fiscal year 2020-21. BIAL considers this one of its ambitious goals as it already set the target to become Net Energy Neutral by 2020-21. Even it claims to begin 2021-22 promisingly […] Read more
Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital? Updated On Tue, Jun 1st, 2021 by Saurenergy In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […] Read more
Daily Price Swings to be Limited to 10% by Upcoming China ETS Updated On Mon, May 31st, 2021 by Saurenergy According to a recent report in The Securities Times, a Shenzhen-headquartered national financial newspaper, China’s national Emission Trading Scheme (China ETS) – a policy considered important for achieving the country’s net-zero goals – will initially set daily trading limits at 10 per cent of prices when it comes online late in June. The report cites Mr Lai […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more