Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment Updated On Mon, Oct 16th, 2023 by Saurenergy Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is focused on taking solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI […] Read more
Megawatt Charging For Large EVs Could Keep Out Hydrogen Updated On Fri, Oct 13th, 2023 by Saurenergy The EV transition has picked pace, an area where Hydrogen has been considered viable in the transportation sector is the heavy vehicles space. At issue here is the charging time for the large battery packs heavy transportation vehicles would necessarily have, and the long distances and tight timelines they have to cover. A new report […] Read more
Hospitality Industry Welcomes Customizable EV by Speedways Electric Updated On Wed, Oct 11th, 2023 by Saurenergy Speedways Electric, an innovator in electric vehicle technology, has unveiled its latest offering, Royale- a vintage-shaped Low-Speed Electric Vehicle (LSEV) for the hospitality industry. The design of the EV has been patented. Features Royale is a battery-operated, eco-friendly vehicle. It boasts a no-noise, no-pollution operation, making it an environmentally responsible choice, with running costs that […] Read more
Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022 Updated On Wed, Oct 4th, 2023 by Saurenergy Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […] Read more
Employment in Renewables Rose to 13.7 Mn in 2022, Solar Largest Employer: ILO Updated On Fri, Sep 29th, 2023 by Saurenergy The ILO, in a joint initiative with the the International Renewable Energy Agency (IRENA) has released the tenth edition of Renewable Energy and Jobs: Annual Review 2023. The report explores the connection between renewable energy which is attracting increasing investment, and leading to job creation among countries. Surge in Employment in Renewable Energy The report […] Read more
Clean Energy Investments Have Surged In India: IEA Report Updated On Wed, Sep 27th, 2023 by Saurenergy The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV. The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […] Read more
India On A Right Track Towards Net-Zero But Need Finances: Report Updated On Wed, Sep 6th, 2023 by Saurenergy A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […] Read more
Cargill’s Wind Powered Ship Makes Case For Reducing Shipping Emissions Updated On Tue, Aug 22nd, 2023 by Saurenergy Named Pyxis Ocean, a vessel chartered by Cargill, which has been powered up by wind energy, has undertaken its first voyage. The WindWings sails are designed in a way that they help curb fuel consumption by three times and consequently the carbon footprint in shipping, which contributes close to 2.1% of carbon emissions worldwide. What […] Read more
Avg Wholesale Electricity Prices in India in H1 2023 80% Higher than 2019 Levels: IEA Updated On Fri, Aug 18th, 2023 by Saurenergy IEA’s latest report entitled, ‘Electricity Market Report Update; Outlook for 2023 and 2024’ has shed light on the following findings- India has installed significant solar generation capacities in recent years, which helps meet daytime peak demand for cooling. However, evening peaks when the sun does not shine but temperatures remain very high pose a significant […] Read more
