EU Augments Overall Energy Consumption Target to 42.5% by 2030 Updated On Tue, Oct 10th, 2023 by Saurenergy The European Council recently adopted the new Renewables Energy Directive that will raise the share of renewable energy in the EU’s overall energy consumption to 42.5% by 2030 with an additional 2.5% indicative top up to allow the target of 45%. The directive has been formally adopted. Member states will have 18 months after the […] Read more
Clients Willing To Pay A Premium For Green Data Centres- Moiz Vaswadawala, NTT Updated On Wed, Sep 6th, 2023 by Saurenergy Moiz Vaswadawala, Vice President, Risk management and Sustainability at NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd, the leading data center provider in India currently, talks about the push towards greener, more sustainable data centres. Excerpts from the interview: What is a data centre’s total energy footprint like, in terms of power, water, […] Read more
Mercedes to Invest on Large Scale in Electric Vehicle Plants Updated On Mon, Mar 20th, 2023 by Saurenergy German automotive giant Mercedes has said that it is setting sights on investing billions of dollars towards the modernisation of its electric vehicle plants in China, Germany and Hungary. In order to cut emissions, the automaker will be shifting to electric vehicles. The European Union will be looking to cut down CO2 emissions per passenger […] Read more
Govt Green Energy Mission Gets Fillip with BEL’s EV Charging Station Updated On Tue, Oct 11th, 2022 by Saurenergy In a bid to promote the Government of India’s green energy drive, Navratna Defence PSU Bharat Electronics Ltd (BEL), in collaboration with Maharatna PSU Hindustan Petroleum Corporation Ltd (HPCL), has set up a fast Electric Vehicle (EV) charging station at the HPCL Retail Outlet at Amravati Enclave near Pinjore on the Chandigarh-Shimla Highway. The charging […] Read more
IEX Power Market Update July 2022: 13% YoY Decline For Green Market Updated On Thu, Aug 4th, 2022 by Saurenergy As per its market update for July 2022 released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. India’s premier energy exchange has recorded […] Read more
Battery Capacity Selection Criteria for Solar PV Energy Storage Systems Updated On Wed, Jul 20th, 2022 by Saurenergy Background In a solar PV energy storage system, battery capacity calculation can be a complex process and should be completed accurately. In addition to the loads (annual energy consumption), many other factors need to be considered such as: battery charge and discharge capacity, the maximum power of the inverter, the distribution time of the loads, […] Read more
2020 A Year Like No Other, Confirms BP Statistical Review Updated On Fri, Jul 9th, 2021 by Saurenergy Acknowledging the massive disruptions caused by the Covid pandemic in 2020, the annual BP Statistical Review has called 2020 ‘a year like no other’, as it lays bare the hits and misses for the energy sector in 2020. The headline number in our view, Carbon emissions from energy use fell by 6.3%, to their lowest […] Read more
US Renewable Energy Consumption to Increase 4% Annually Updated On Thu, Dec 19th, 2019 by Saurenergy The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […] Read more
Need to Look Beyond Green Bonds and Grants, to Risk Capital Updated On Tue, Apr 23rd, 2019 by Saurenergy India’s per capita consumption is at 1/3 of global standards. In effect, helping the world lower its overall energy consumption rather than increasing it. Plastic usage remains among the lowest, notwithstanding the visible pollution we see around us. There is just 4% air conditioning penetration in India. As India moves up or catches up with […] Read more
