EU Votes To Ban Sales Of CO2 Emitting Combustion Engine Cars and Vans by 2035 Updated On Tue, Jun 21st, 2022 by Saurenergy The European Union has mandated a ban on vehicles powered by internal combustion engines (ICE) by 2035. The EU Parliament has voted in favour of cars and vans with zero emissions and stipulated 2035 as the deadline to achieve the mammoth target. EU Heralding EV Revolution The judgement has come at a time when giant […] Read more
Uttar Pradesh Gets Investment Proposals Of Rs 4782 Crores For Renewables Updated On Tue, Jun 21st, 2022 by Saurenergy The outcome of GBC 3 (third ground breaking ceremony) has been quite fruitful for the state of Uttar Pradesh in the renewable energy sector development and energy transition. In the most recent case, key players have vowed to invest in the renewable energy segment as investment proposals of Rs 4782 crore have come up for […] Read more
Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects Updated On Wed, Feb 23rd, 2022 by Saurenergy To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […] Read more
Budget 2022. Keep Up The Good Work, Says FM To RE Sector Updated On Tue, Feb 1st, 2022 by Saurenergy In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […] Read more
UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report Updated On Mon, Dec 20th, 2021 by Saurenergy Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more
IRENA, Climate Investment Funds Partner to Advance Energy Transition Updated On Tue, Oct 26th, 2021 by Saurenergy The Climate Investment Funds (CIF) and the International Renewable Energy Agency (IRENA) are joining forces to accelerate investment in clean energy globally as part of a new memorandum of understanding (MoU) signed yesterday during a virtual signing ceremony with CIF CEO Mafalda Duarte and IRENA Director-General Francesco La Camera. Just days ahead of the UN’s […] Read more
REI 2021 | Conversation with Sunil Bhatnagar, Sanvaru Technology Updated On Thu, Oct 7th, 2021 by Saurenergy Lithium Ion batteries are in the news today for all the right reasons. They are powering the energy transition for transport, as well as the emerging need for storage and renewables together. Domestic manufacturing is key for India, and local startups like Sanvaru technology are at the forefront now. Prasanna Singh, Group Editor, Saur […] Read more
IRENA’s World Energy Transitions Outlook Re-Writes Energy Narrative for a Net Zero World Updated On Thu, Jul 1st, 2021 by Saurenergy Accelerating energy transitions on a path to climate safety can grow the world’s economy by 2.4 per cent over the expected growth of current plans within the next decade, a new analysis from the International Renewable Energy Agency (IRENA) shows. The Agency’s 1.5°C pathway foresees the creation of up to 122 million energy-related jobs in […] Read more
