India Yields 77% Electricity from Coal, 5% from RE in 2017-18: Report Updated On Sat, Sep 29th, 2018 by Saurenergy By the passage of renewable energy development, India will eventually see a harsh divestment in the fossil fuel sector. Indian Government seems to be confident of its renewable energy target of 227 GW power by the year 2022 despite of its high and inevitable consumption of fossil fuels. Market Analyst, Bridge to India mentions that […] Read more
Renewable Energy May Cause $6 Trillion Fossil-Fuel Divestment Updated On Wed, Sep 12th, 2018 by Saurenergy J P Morgan mentions that contrary investment in the renewable energy would pose a high risk on shareholder returns for the oil giants. With an increased pressure from governments and consumers to use renewable energy, oil industry is eyeing investing in alternative sources of energy. Leading market analyst, J P Morgan suggests that the global […] Read more
Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
Fossil Fuels Dominance Shrank on Renewables’ Cost Reduction, Says BNEF Updated On Thu, Mar 29th, 2018 by Saurenergy The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix – supply of ‘bulk generation’, supply of ‘dispatchable generation’, and provision of ‘flexibility’. After significant reduction in the cost of wind, solar […] Read more
International Solar Alliance, India’s Brainchild is Powerful Catalyst Updated On Sat, Mar 17th, 2018 by Saurenergy The alliance will provide these nations a voice and act as a platform to share experiences and narrow technological gaps through cooperation and increased engagement between Governments, businesses and the citizenry. On March 11, the heads of around 40 countries came in India for the first official summit of the International Solar Alliance (ISA), a […] Read more
Reliance Aims To Become Big Clean Energy Provider: Ambani Updated On Tue, Dec 26th, 2017 by Saurenergy Reliance chairman said in the coming decades, the world will see a transition from fossil fuels to clean, green and renewable energy sources. India’s Reliance Industries Ltd will become a major provider of clean energy in the country, Chairman Mukesh Ambani said, as the South Asian nation transitions to renewable energy sources from fossil fuels. […] Read more
How Solar will cash ‘Energy’ for Mankind – Analysis Updated On Fri, Jan 29th, 2016 by Saurenergy The Sun is approximately half way through the most stable part of its life. Date back to the past four billion years, it hasn’t changed dramatically and believe that it will remain fairly stable for another four billion years. An energy which is generated from the sunlight (Sun) today is also well accepted by ‘solar […] Read more