UK Carbon Capture Firm Storegga Raises £51.3m Funding Updated On Wed, May 18th, 2022 by Saurenergy UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […] Read more
Decarbonisation to See $395 B Capex by 2030: Report Updated On Wed, Jan 12th, 2022 by Saurenergy As India moves more aggressively towards its decarbonisation goals with the overall energy economy shifting towards greener fuels, a Wall Street brokerage has said this space will see a capex of $395 billion by 2030. At COP21 in Paris, as part of its nationally determined contributions, New Delhi had committed to achieve 40 per cent […] Read more
Octopus Energy, Sterlite Power Sign MOU For Green Power Systems Updated On Tue, Dec 21st, 2021 by Saurenergy UK based 1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […] Read more
TVS Industrial & Logistic Parks to Produce Solar Pwr for Decarbonisation Updated On Mon, Nov 15th, 2021 by Saurenergy TVS Industrial and Logistic Parks is mulling to generate solar power using roof and open spaces within its parks to help it reduce electricity consumption and achieve further decarbonisation. The plan is currently under evaluation and a final decision is expected to be taken by next month, a company spokesperson was reported by media as […] Read more
John Kerry Gives a Huge Solar Endorsement at ISA Assembly Keynote Updated On Thu, Oct 21st, 2021 by Saurenergy At the International Solar Alliance’s (ISA) fourth general assembly, John Kerry, U.S. Special Presidential Envoy for Climate and 68th U.S. Secretary of State, delivered the keynote address. In his address, Kerry highlighted the opportunities in the solar sector towards climate action and India as an investment destination for solar power. 106 countries are participating in […] Read more
Climate Change And Extreme Temperatures To Stretch Power Utilities Like Nothing Before: Study Updated On Thu, Sep 9th, 2021 by Saurenergy As more cooling is installed and as home heat gets decarbonized, hampering the grid, global utilities will need to lay on more than 1,500 TWh in fresh power resources – collectively about the same amount of electricity that India supplies to its 1 billion citizens, finds a new report by Rethink Energy. The report is significant […] Read more
EPRI, NREL, and the University of Washington to Advance Electric Grid Decarbonization Updated On Wed, Sep 8th, 2021 by Saurenergy On September 7, the Electric Power Research Institute (EPRI), the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), and the University of Washington announced the creation of the industry-wide Universal Interoperability for Grid-Forming Inverters (UNIFI) Consortium to advance research on grid-forming inverters supporting variable renewable energy growth across the power system. Funded through a $25 […] Read more
Biofuels: Empowering the Economy and Conserving the Environment Updated On Mon, Jun 21st, 2021 by Saurenergy Notwithstanding adversities of pandemic India is projected to report close to double digit GDP growth this year based on studies by renowned institutions. Thanks to huge domestic market consumption though exports are likely to remain subdued! The energy requirement of an economy is directly proportional to population and the momentum of development. Electricity and fuel […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
