Vitol buys 10% stake in Norway’s Green Hydrogen producer Gen2 Energy Updated On Tue, Apr 27th, 2021 by Saurenergy Vitol, the world’s biggest independent oil trader, has announced its acquisition of a 10% equity interest in Gen2 Energy, a Norwegian green hydrogen producer, for an undisclosed sum. Over the last few years, the Dutch energy and commodity trading company has been expanding its foothold in the renewables sector and made investment commitments of $1 billion to […] Read more
Global CO2 Emissions set for Second Biggest Increase in History: IEA Updated On Tue, Apr 27th, 2021 by Saurenergy A new report finds global energy-related CO2 emissions to be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history A new report by the International Energy Agency (IEA) has predicted that the global energy-related CO2 emissions will be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history […] Read more
Clean Hydrogen Production Costs to be Brought Well Below USD 2/kg by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy In its parallel report, the ETC states that the production costs for clean hydrogen can be brought well below USD 2/kg by 2030. In its parallel report Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy, the ETC sets out the complementary role for clean hydrogen and how a combination of private-sector […] Read more
Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […] Read more
Director (Marketing) Updated On Mon, Apr 26th, 2021 by Saurenergy Director (Marketing) is a member of Board of Directors and reports to Chairman & Managing Director. He/She acts as Head of the Marketing Division of the Company. He/She is primarily responsible for marketing operations of the company including formulation and implementation of the marketing policies keeping in view company’s profitability and objectives. Age: 45 Years […] Read more
Statkraft’s First Wind Farm in Germany Will Generate 36 MW of Energy Updated On Mon, Apr 26th, 2021 by Saurenergy Norwegian state-owned hydropower company Statkraft is set to build its very first wind farm in Germany on a 67-hectare forest area in Bramwald in northern Hesse. By 2025, the so-called Oedelsheim wind farm is expected to comprise 6 turbines which will generate 36 MW of energy, adequate to supply 20,000 households with wind power each year and […] Read more
EIB Backs €2 Bn Investment to Scale up use of Renewable Energy Updated On Mon, Apr 26th, 2021 by Saurenergy EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […] Read more
Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA Updated On Mon, Apr 26th, 2021 by Saurenergy The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […] Read more
Wipro to Reach Net-Zero Greenhouse Gas Emissions by 2040 Updated On Fri, Apr 23rd, 2021 by Saurenergy Wipro Limited, a leading global information technology, consulting and business process services company, today announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5°C. Wipro, while unveiling its pledge on Earth Day, also set an intermediate target of […] Read more
