Heineken to be Carbon Neutral in Production by 2030, Full Value Chain by 2040 Updated On Fri, Apr 16th, 2021 by Saurenergy HEINEKEN today announced a new ambition to decarbonise its own production by 2030 and its full value chain by 2040. This is the first in a series of refreshed Brew a Better World ambitions, which form an important part of the company’s new EverGreen balanced growth strategy. “In this Decade of Action1, we are committing to accelerating our actions […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
Facebook Ties up With CleanMax for 1st Renewable Energy Project in India Updated On Fri, Apr 16th, 2021 by Saurenergy Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […] Read more
Solar Crosses 40 GW Mark in India, Renewable Capacity at 94.43 GW Updated On Fri, Apr 16th, 2021 by Saurenergy MNRE in its monthly summary to the cabinet for March 2021 has revealed that the installed solar capacity in India has crossed the 40 GW mark The Ministry of New and Renewable Energy (MNRE) in its monthly summary to the cabinet for the month of March 2021 has revealed that the installed and operational solar […] Read more
MERC Clarifies That Green Energy Tariff To Be Treated As Tariff Income In Mumbai Updated On Fri, Apr 16th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission, has issued an ‘Errata’ order for its earlier order (case 134 of 2020 on March 22) allowing Tata Power company (TPC-D), one of the three Mumbai discoms, to provide ‘green tariff at a 66 paise premium to customers. The new order makes it clear that the premium being charged for […] Read more
CSC & Tata Power to set up 10,000 Solar Microgrids Across Rural India Updated On Fri, Apr 16th, 2021 by Saurenergy CSC has announced a collaboration with Tata Power to set up solar-powered microgrids and water pumps in rural areas across India. The government’s e-governance services arm CSC has announced a collaboration with Tata Power to set up solar-powered microgrids and water pumps in rural areas across the country. To begin with, Tata Power has proposed to set up […] Read more
India is Committed to Ushering-in the Hydrogen Economy: D. Pradhan Updated On Fri, Apr 16th, 2021 by Saurenergy Union Petroleum and Natural Gas & Steel Minister Dharmendra Pradhan has said that India is looking towards various colours to kick-start the hydrogen ecosystem development. Addressing the Hydrogen Round Table on “Hydrogen Economy: New Delhi Dialogue – 2021”, he said that in India, we have taken various initiatives with respect to the greater use of hydrogen in India’s energy mix. The Government of India had […] Read more
Bangladesh Needs a Renewables Focus, Not a Switch From ‘Coal to Gas’: IEEFA Updated On Fri, Apr 16th, 2021 by Saurenergy Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. […] Read more
GIP’s Indian Arm Vector Green Gets CRISIL AAA Rating for Solar Portfolio Updated On Thu, Apr 15th, 2021 by Saurenergy Vector Green Energy, the Indian renewables platform wholly owned by fund manager Global Infrastructure Partners (“GIP”) in India, has been awarded the highest rating of ‘AAA/stable’ by credit rating agency CRISIL for a group of its solar power generating plants (Restricted group). A AAA rating implies the highest safety and lowest credit risk for any […] Read more
