Scottish RE Trade Body Urges UK to Reform Grid Charging Regime Updated On Tue, Nov 16th, 2021 by Saurenergy Industry body Scottish Renewables has reaffirmed its calls for the UK Government and Ofgem, the energy regulator, to work together in the spirit of COP26 to achieve a solution to the Transmission Network Use of System (TNUoS) charging regime, as the government had previously committed to do in its recent energy white paper. The current […] Read more
UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
NTPC, Indian Oil Collaborate on Renewable Energy Updated On Mon, Nov 15th, 2021 by Saurenergy NTPC Ltd. and Indian Oil have signed a memorandum of understanding (MoU) to collaborate in the field of renewable energy and mutually explore opportunities for the supply of low carbon/RE RTC captive power. This is a first-of-its-kind novel initiative by two leading national energy majors of India, to support the country’s commitment to achieve renewable […] Read more
Electric Vehicle Sales Set to Jump 80% in 2021: Report at COP26 Updated On Thu, Nov 11th, 2021 by Saurenergy Passenger electric vehicle sales are set to jump over 80 per cent in 2021 to 5.6 million units, off the back of unprecedented industry and government commitments around the world over the last two years, according to the Zero-Emission Vehicles Factbook, a special report published on Wednesday by BloombergNEF (BNEF), at the request of the […] Read more
Australia Plans $740 M Fund to Develop Low-emissions Tech Updated On Thu, Nov 11th, 2021 by Saurenergy Australia will establish a A$1 billion ($740 million) fund to invest in companies that develop low-emissions technology, the country’s Prime Minister, Scott Morrison, said on Wednesday, as Canberra seeks to cut carbon emissions to net zero by 2050. Under the plan, the federal government in Australia will commit A$500 million to the fund, matched by […] Read more
ISA Fills The Gaps, With US as 101st Member, Tie-Up With Nordic Countries For Funding Updated On Thu, Nov 11th, 2021 by Saurenergy The International Solar Alliance (ISA) has seen hectic activity at Glasgow, during the COP 26 summit. The latest announcements from the largest multilateral organisation in recent years is the induction of the United States as a member country, the 101st to do so. John Kerry U.S. Special Presidential Envoy for Climate announced at the UNFCCC […] Read more
IOC, BPCL, HPCL Target 22,000 EV Charging Stations In 5 Years Updated On Wed, Nov 10th, 2021 by Saurenergy Indian Oil Corporation (IOC) and two other public sector oil firms will install 22,000 electric vehicle (EV) charging stations over the next 3-5 years to support the nation’s target to reduce its carbon intensity and reach net zero emissions by 2070. IOC, the country’s largest state-controlled refiner by capacity, will set up EV charging facilities […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Microsoft, AES to Bring Around-the-clock RE to Data Centers Updated On Wed, Nov 3rd, 2021 by Saurenergy The AES Corporation has signed a 15-year agreement with tech company Microsoft to support the company in achieving its 100/100/0 by 2030 goal. Microsoft, one of the world’s largest purchasers of renewable energy, will use the around-the-clock renewable energy provided through this agreement to power its data centers located in Virginia. The structure of the […] Read more
