Can COP29 Help In Expediting Renewable Growth In India? Updated On Mon, Nov 11th, 2024 by Saurenergy The convergence of global leaders, policymakers, and pro-climate groups in Baku, Azerbaijan, for the annual Conference of Parties (COP29) is likely to expedite the energy transition globally. It is more pertinent to the Global South including India which has been demanding fair access to the Climate Fund, as committed by developed countries for pro-climate activities. […] Read more
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
IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
Avaana Capital Raises Largest Climate-tech VC Fund Of $135mn Updated On Wed, Oct 23rd, 2024 by Saurenergy Indian climate-focused venture capital company Avaana Capital has announced the final close of its Avaana Climate and Sustainability Fund with a total fund size of USD 135 million. The firm said that being India’s largest institutional climate focused venture capital fund, the Avaana Climate and Sustainability Fund is working to invest in early-stage companies that […] Read more
MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni Updated On Wed, Oct 23rd, 2024 by Saurenergy Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […] Read more
Achieving Universal Energy Access by 2030: Can It Be Done? Updated On Mon, Oct 21st, 2024 by Saurenergy Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […] Read more
Ranthambore’s Agrivoltaics Plant Generated 6L Units In 1 Yr Updated On Wed, Oct 16th, 2024 by Saurenergy Nahargarh Ranthambore, a palace-turned-hotel near Ranthambore which roped in agrivoltaics solar plant to offset its energy needs produced 6 lakh units of clean power in the last one year, the management of the hotel said. Situated amidst the lush forest of Ranthambore Tiger Reserve, the hotel earlier sought to reduce the carbon footprint to zero […] Read more
How Monitoring Improves Decentralized Renewable Energy To Support Healthcare? Updated On Fri, Oct 11th, 2024 by Saurenergy By-Rishikesh Mishra and Lanvin Concessao The availability of reliable electricity increases a healthcare facility’s ability to treat patients and serve the community. Electricity is critical to operate basic equipment such as lights, fans and water pumps, but also run lifesaving equipment like baby warmers, oxygen concentrators, diagnostics, and vaccine freezers and refrigerators. In regions where […] Read more
The Rise of Solar Co-ops: Collective Action for Installation Initiatives Updated On Fri, Oct 11th, 2024 by Saurenergy By-Shreesh Chaturvedi India, now the world’s most populous country with 1.4 billion people, faces heightened energy demands due to its expanding population and robust economic growth. In response, the country has committed to reducing its carbon intensity by over 45% by 2030, achieving 50% of its total electric power capacity from renewable sources by 2030, […] Read more
