RK Singh Criticises Selected Countries For Putting Trade Barriers Updated On Thu, Jul 6th, 2023 by Saurenergy Union Minister For New and Renewable Energy RK Singh has now targeted several countries which allegedly created trade barriers through several means to halt the growth of renewable energy. He said that such interventions often halted the global ambitions of countries to go net-zero. He also said that India too could put similar barriers. He, […] Read more
Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
Sunsure Energy Pockets 4.5 MWp Solar Project From Allana Group For UP Plant Updated On Wed, Jul 5th, 2023 by Saurenergy Mumbai-based Allana Group, a global leader in manufacture & export of various food and consumer products including Frozen & Chilled Halal Meat has signed a 4.5 MWp open access solar PPA with Sunsure Energy, a leading renewable power developers. Through the PPA, Allana Group will be able to offset a significant part of the total […] Read more
Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit Updated On Tue, Jun 27th, 2023 by Saurenergy Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […] Read more
Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval Updated On Fri, Jun 23rd, 2023 by Saurenergy The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […] Read more
Uber Flagship EV Product Uber Green Rolled Out at Mumbai Airport Updated On Fri, Jun 23rd, 2023 by Saurenergy Travel aggregator Uber Technologies has presented its flagship electric vehicle (EV) Uber Green in the city of Mumbai. Last month, the firm had made known its plans to make an addition of 25,000 electric cars to its platform. Towards this, it had forged partnerships with Lithium, Everest and Moove- firms that provide fleet. Uber said, […] Read more
As Bangladesh’s Textile Sector Makes Green Switch, Lessons For India’s Export Giants Too Updated On Tue, Jun 20th, 2023 by Saurenergy Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At […] Read more
Countries Need More New RE Power To Achieve Global Climate Targets: Study Updated On Wed, Jun 14th, 2023 by Saurenergy A new analysis from Climate Analytics claimed that the world would need more new wind and solar power installations to limit global warming to 1.5°C. Climate Analytics is a global science and policy institute. The analysis said that the globe would need to add renewables up to five times faster by 2030 at a rate of 1.5 […] Read more
UK Allocates £4.3 Mn Funding to Advance Space-Based Solar Power Updated On Tue, Jun 13th, 2023 by Saurenergy The UK government has allocated £4.3 million in funding to universities and tech companies to drive the development of space-based solar power. While the concept of commercial power stations in space may seem futuristic, the space industry has long been at the forefront of solar power advancements. As part of the government’s space-based solar power […] Read more
