Vedanta Ups RE Requirement To 1 GW For Its Operations Updated On Fri, Sep 30th, 2022 by Saurenergy Mumbai-based mining and metallurgy giant Vedanta Group has announced that it has targeted sourcing of clean and green energy upto 1 GW to fulfil the power needs of various operations. Vedanta has said that it also seeks bids from players for the supply of additional 500 MW of renewable energy. Vedanta aims at employing 2.5 […] Read more
Lohum Cleantech In 5 Year Supply Deal With Glencore Updated On Fri, Sep 30th, 2022 by Saurenergy Lohum, one of India’s largest lithium-ion battery lifecycle management firm and Glencore, among the largest globally diversified metals and resources firms have announced a strategic partnership to advance circularity in the Li-ion battery supply chain. Under the alliance, Lohum will supply Glencore with 10,000 MT of specialty chemicals for the battery supply chain over the […] Read more
Whirlpool To Reach 100 Percent Renewable Electricity For US Plant Operations By 2023 Updated On Fri, Sep 23rd, 2022 by Saurenergy Global kitchen and laundry company Whirlpool Corp. has announced that it has entered into a second wind Virtual Power Purchase Agreement (VPPA) with Engie North America to accelerate progress towards its commitment to reach Net Zero emissions in its plants and operations by 2030. Whirlpool said that this agreement with Engie will represent 53 MW […] Read more
Amazon Scales Up Green Ambitions In India, 3 Solar Plants of 420 MW Planned In Rajasthan Updated On Thu, Sep 22nd, 2022 by Saurenergy In a development indicative of the strong shift at corporate level towards green energy, Amazon in India has signed three separate deals for a total of 420 MW for powering its operations in India. Additionally, Amazon has also announced 23 new solar rooftop plants across its fulfillment centres in India, which will account for an […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
Examining the Biggest Polluters: Report Card of Aviation Industry Updated On Mon, Sep 19th, 2022 by Saurenergy Aviation is one of the fastest-growing sources of greenhouse gas emissions and, hence, one of the biggest polluters driving global climate change. The kind of energy that will be required to launch a 300-ton plane into the sky at 500 mph (805 kmph) will naturally be large. This makes air travel one of the most […] Read more
Examining the Biggest Polluters: Report Card of Transportation Industry Updated On Thu, Sep 15th, 2022 by Saurenergy The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […] Read more
IISD Report: India’s State Owned Energy Enterprises, 2020–2050 Updated On Thu, Sep 15th, 2022 by Saurenergy A study titled “India’s State Owned Energy Enterprises, 2020-2050” was released by the IISD (International Institute for Sustainable Development). India has established itself as one of the leading growing economies in support of climate action. It has demonstrated leadership in the expansion of renewable energy, setting a goal to install 500 GW of non-fossil electricity […] Read more
