SaurEnergy Explains – CCS and CCUS: Promise or Pipe Dream in the Oil and Gas Industry? Updated On Thu, Aug 3rd, 2023 by Saurenergy Oil and gas companies have been leaders in CCUS (Carbon Capture, Utilisation & Storage) development. They operate five of the eight dedicated CO2 storage projects in operation and most of the existing CO2 pipelines. It’s marketed that the practice of capturing and storing carbon dioxide, rather than tackling the causes of the emissions themselves, could […] Read more
China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
Top 5 Takeaways From Global Q2 Renewables Report Updated On Wed, Jul 26th, 2023 by Saurenergy The latest Global Renewable Market Update for Q2 by Edison Energy has shed light on the changing dynamics of the renewable energy market in the United States (US) and European Union (EU). The report discussed the price transition of renewable energy Power Purchase Agreements (PPAs) in these two regions. Following are the five top takeaways […] Read more
Johnson Matthey Expands Presence in China with Investments in Hydrogen Market Updated On Fri, Jul 14th, 2023 by Saurenergy Johnson Matthey (JM), a sustainable technologies provider, recently signed an investment agreement with the Jiading District in Shanghai aiming to accelerate the hydrogen economy in China. During a signing ceremony held in Sonning, UK, JM and the Shanghai Jiading District revealed their collaborative venture to construct a facility dedicated to the manufacturing of catalyst coated […] Read more
POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment Updated On Fri, Jul 7th, 2023 by Saurenergy POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […] Read more
CIP Pledges $350 Million for South Korea’s Offshore Wind Expansion Updated On Mon, Jun 26th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol, committing to inject $350 million into offshore wind projects in South Korea. Through their funds, CIP aims to facilitate developing and constructing gigawatt-scale offshore wind projects in the country. These projects are situated in the […] Read more
Novelis Builds $2.4 Milion Solar Park, First From the Firm Updated On Fri, Jun 23rd, 2023 by Saurenergy Novelis Inc. recently revealed plans for the construction of its inaugural solar park at its production facility in Pieve Emanuele, Italy. Following the approval of local authorities, the expansive solar park spanning over 28,000 square meters will commence operation and begin generating electricity by the end of this year. Novelis Inc is a sustainable aluminium […] Read more
As Bangladesh’s Textile Sector Makes Green Switch, Lessons For India’s Export Giants Too Updated On Tue, Jun 20th, 2023 by Saurenergy Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At […] Read more
The Top 5: Indian Steel Makers And Their Green Plans Updated On Tue, Jun 13th, 2023 by Saurenergy India stands tall among the world’s leading steel-producing nations. Thanks to rapid infrastructure development, steel demand has soared, making the Indian steel industry a crucial player in the global market. However, as the world grapples with environmental challenges and the need for sustainable practices, India’s steel producers are stepping up with their green plans to […] Read more