Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report Updated On Tue, Jan 19th, 2021 by Saurenergy A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […] Read more
Orsted, SGRE Consortium Receives Funding to Investigate Offshore Hydrogen Production Updated On Tue, Jan 12th, 2021 by Saurenergy ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy have been awarded EUR 5 million in funding from The Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU) under the European Commission to demonstrate and investigate a combined wind turbine and electrolyser system designed for operation in marine environments. The Fuel Cells and Hydrogen 2 Joint […] Read more
Javadekar: India the Only Country Keeping Commitments on Climate Change Updated On Mon, Jan 11th, 2021 by Saurenergy Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change Union environment minister Prakash Javadekar has said that he believes that only India is keeping its commitments on climate change, despite accounting for only six to seven percent of total carbon emissions in the world. Speaking at a […] Read more
India has Moved From Being Power Deficit to Surplus: RK Singh Updated On Mon, Jan 4th, 2021 by Saurenergy Union Power Minister RK Singh had said that India has moved from being power deficit to become power surplus during the Narendra Modi regime At a recent Memorandum of Understanding (MoU) signing between the J&K government and NHPC for the implementation of 5 power projects (hydropower) in the Union Territory, Union Power Minister RK Singh had said […] Read more
AMP Capital Joins Sterlite Power To Establish Transmission Platform Updated On Tue, Dec 29th, 2020 by Saurenergy The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […] Read more
Vedanta Signs Declaration on Climate Change, Pledges to Carbon Neutrality Updated On Wed, Dec 23rd, 2020 by Saurenergy Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality. Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Change. The firm stated that the mission […] Read more
India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA Updated On Wed, Dec 23rd, 2020 by Saurenergy In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […] Read more
R.K Singh Pushes For Consumer Rights in Power, With Electricity Rules 2020 Updated On Mon, Dec 21st, 2020 by Saurenergy The Power Sector finally sees a much delayed turn towards becoming more consumer centric, with the promulgation of a set of rules and obligations under the “Electricity (Rights of Consumers) Rules, 2020” issued today. Announcing the new rules today, R.K.Singh, the Union Minister of State (Independent Charge) for Power and New & Renewable Energy, said, […] Read more
Vestas Invests in CIP to Expand Presence Across Wider Range of Renewable Value Chain Updated On Mon, Dec 21st, 2020 by Saurenergy Vestas has invested in Copenhagen Infrastructure Partners, (CIP), the world’s largest dedicated fund manager in greenfield renewable energy infrastructure, to acquire a 25 percent minority stake in the investment management company, ref. Company Announcement no. 45/2020 of 18 December 2020. With the investment, Vestas seeks to create value across a wider range of the renewable […] Read more
