RE Push Can Lead To 24% Dip In Coal Power Generation By 2030: CEEW Study Updated On Fri, Nov 8th, 2024 by Saurenergy India’s current climate policies are already helping bend its long-term emissions curve and are projected to reduce CO2 emissions by almost 4 billion tones between 2020 and 2030, a latest report from the Council on Energy, Environment and Water (CEEW) said. This reduction is equivalent to nearly 1.6 times the European Union’s CO2 emissions in […] Read more
Global RE Growth Hits New Highs Amid Falling Costs: IEA Report Updated On Tue, Nov 5th, 2024 by Saurenergy Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […] Read more
Q3 Results: GE Vernova Falls Short On Offshore Wind, Hits Onshore Targets Updated On Thu, Oct 24th, 2024 by Saurenergy GE Vernova Inc., a US-based wind energy company, secured $1.7 billion in orders in the third quarter ending September 30, 2024. The company reported a 19% organic decrease, attributing the drop to lower Onshore Wind equipment orders outside of North America. GE Vernova generated $2.9 billion in revenue, down 1% organically. Losses increased due to […] Read more
IEA Flags Supply Side Risks For Global Energy Security Updated On Tue, Oct 22nd, 2024 by Saurenergy The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […] Read more
BatX Partners With LW3 TO Track History, Usage Of Used Li-Ion Batteries Updated On Wed, Oct 16th, 2024 by Saurenergy Lithium-ion battery recycling company BatX Energies today announced partnership with LW3 Pvt. Ltd to bolster its trade of battery recycling. LW3 Pvt. Ltd is a company specializing in Digital Product Passport (DPP) solutions using blockchain and IoT technologies. The collaboration seeks to boost battery lifecycle management, offering a traceable and sustainable solution for energy storage […] Read more
Focus On Avoiding Renewable Curtailments-IEA Prescriptions Updated On Mon, Oct 14th, 2024 by Saurenergy Renewable energy sources such as solar and wind power are growing at a rapid pace. Naturally, the transition is also driving significant transformation for the global energy landscape. In 2024, global renewable energy capacity is expected to increase by almost 20 percent, building on the record growth of 60 percent seen in 2023. While this […] Read more
Renewable Fuels: A Powerful Ally in Decarbonisation, Yet Challenges Remain Updated On Fri, Oct 11th, 2024 by Saurenergy The global transition to renewable energy is no longer limited to the rapid deployment of solar and wind power. As the world advances toward a low-carbon future, renewable fuels such as bioenergy, hydrogen, and e-fuels are also playing a critical role in decarbonising sectors that are harder to electrify, such as transport, industry, and heating. […] Read more
Key Global Policy Trends Accelerating the Renewable Energy Revolution Updated On Fri, Oct 11th, 2024 by Saurenergy The transition to renewable energy is not just a technological shift; it’s a complex interplay of policies, market dynamics, and societal acceptance. As the world grapples with climate change, energy security, and economic resilience, governments are increasingly recognizing the need to enhance their renewable energy strategies. This blog outlines key policy trends driving renewable energy […] Read more
GAIL and AMG enter into a 2.5 GW RE Agreement Updated On Mon, Oct 7th, 2024 by Saurenergy GAIL (India) Ltd and AM Green (AMG) signed a Memorandum of Understanding (MoU) for the development of up to 2.5 GW of solar-wind hybrid renewable energy projects across India. The deal would also involve a study on the utilization of around 350 kta (kilotons per annum) of CO2 generated by GAIL at its gas processing […] Read more
