Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden Updated On Thu, Apr 21st, 2022 by Saurenergy A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […] Read more
Hero Lectro Launches Brand-Owned E-comm Website Updated On Tue, Apr 12th, 2022 by Saurenergy In a move towards augmenting its overall brand experience, Hero Lectro, the E-Cycles brand of Hero Cycles Ltd. has announced the launch of its new website to promote D2C sales and strengthen its overall omni-channel presence. With access to Hero Lectro’s complete range of e-cycles and cargo e-bikes, the platform will enable visitors and buyers […] Read more
Solar resource variability in key global markets increases scrutiny on solar asset performance: Study Updated On Mon, Apr 11th, 2022 by Saurenergy A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments, has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
Vestas Will Discontinue Four Wind Energy Projects in Russia Updated On Wed, Mar 9th, 2022 by Saurenergy Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […] Read more
UN’s Antonio Guterres backs quick transition to renewable energy Updated On Wed, Mar 2nd, 2022 by Saurenergy United Nations Secretary-General Antonio Guterres has called for a faster transition to renewable energy in order to combat the rising threats of climate change. He said, “Instead of slowing down the decarbonisation of the global economy, now is the time to accelerate the energy transition to a renewable energy future.” The UN Chief shared his views in a video message […] Read more
Solar Boats introduced at Peruvannamuzhi, Kerala Updated On Wed, Mar 2nd, 2022 by Saurenergy A ‘sun cruise’ has been introduced at the Peruvannamuzhi ecotourism spot in the Kozhikode district of Kerala. Two solar-powered boats will be seen on the reservoir to promote the culture of cruising among tourists. The inauguration of the boats was done by the state’s Water Resources Minister Roshy Augustine. The solar boats belong to Green […] Read more
Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market Updated On Thu, Feb 24th, 2022 by Saurenergy Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […] Read more
$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg Updated On Thu, Feb 24th, 2022 by Saurenergy The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […] Read more
