Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030 Updated On Thu, Sep 24th, 2020 by Saurenergy Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […] Read more
EESL Appoints Rajat Sud as its new Managing Director Updated On Thu, Sep 24th, 2020 by Saurenergy EESL has announced the appointment of Rajat Sud as its new Managing Director, taking over from S. Gopal. Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, Government of India, has announced the appointment of Rajat Sud as its new Managing Director. Sud takes over from S. Gopal Director […] Read more
Policy Incentives are Crucial for Energy Storage in India: IESA Updated On Wed, Sep 23rd, 2020 by Saurenergy The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant in the energy storage space. During a conference on the occasion of the 4th World Energy Storage Day on September 22, 2020, IESA also highlighted the huge employment opportunity presented by India’s […] Read more
India’s Renewable Energy Sector is Still Primed for Growth: IEEFA Updated On Wed, Sep 23rd, 2020 by Saurenergy While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […] Read more
Walmart Sets Goal to be Zero Emissions Company by 2040 Updated On Mon, Sep 21st, 2020 by Saurenergy Walmart is doubling down on addressing the growing climate crisis by targeting zero emissions across the company’s global operations by 2040. Walmart has announced it is doubling down on addressing the growing climate crisis by targeting zero emissions across the company’s global operations by 2040. Walmart and the Walmart Foundation are also committing to help […] Read more
Gujarat Government Announces Subsidy for Electric Vehicles Updated On Fri, Sep 18th, 2020 by Saurenergy The Gujarat government has announced a new scheme for the promotion of electric vehicles in the state, under which it will be offering a subsidy to buyers. The Gujarat government has announced a new scheme for the promotion of electric vehicles (two and three-wheelers) in the state, under which it will be offering a subsidy […] Read more
The World can and Must Achieve Net-Zero Emissions by 2050: Report Updated On Thu, Sep 17th, 2020 by Saurenergy A new report by ETC argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century. A new report by the Energy Transitions Commission (ETC) argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century and that “zero must mean […] Read more
As India Presses for Domestic Manufacturing, Bifacial Modules Should Get Their Due Updated On Wed, Sep 16th, 2020 by Saurenergy At last count, over 12 GW of manufacturing announcements or at least an intent to manufacture solar cells and modules had been announced in India. The names include firms with an established record for execution, as well as firms that are building one now. From the Adani Group, to Azure Power, Renew Power, to Tata […] Read more
EDF to Establish Centre of Excellence in India for Jaitapur Project Updated On Tue, Sep 15th, 2020 by Saurenergy EDF has signed an MOU with I2EN & VJTI to conduct a pre-feasibility study for the establishment of a Centre of Excellence in India for the Jaitapur Project. As EDF is engaged in intense discussions with the Nuclear Power Corporation of India (NPCIL) for the development and construction of the biggest nuclear plant in the […] Read more