New Green Standards Proposed for Power Gen Companies in Singapore Updated On Tue, Aug 31st, 2021 by Saurenergy In order to reduce its carbon footprint, Singapore has proposed new green standards for power generation companies operating in the country. The country currently relies on natural gas — a fossil fuel — to fulfil over 95% of its energy needs. However, in April this year, the island nation achieved its target for the year […] Read more
Japanese Firm to Build World’s 1st Power Transfer Vessel Updated On Fri, Aug 27th, 2021 by Saurenergy PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […] Read more
India’s Emissions Have Dropped by 28% from 2005 Levels: R K Singh Updated On Thu, Aug 26th, 2021 by Saurenergy India has already achieved emission reduction of 28% over 2005 levels, against the target of 35% by 2030 committed in its NDC (Nationally determined contributions), which makes India one of the few countries globally that have kept to their Paris Climate Change (COP21) commitments along with an exponential increase in renewable energy capacity, said Union […] Read more
Gautam Solar On Course To Install 2500 Solar Pumps in Haryana Updated On Wed, Aug 25th, 2021 by Saurenergy New Delhi-based solar power equipment manufacturer Gautam Solar has installed 1,500 solar pumps at various locations in Haryana under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme, as per the company’s press release. While the company had installed 1,000 solar pumps in Haryana by May 2021, by August, the company won an […] Read more
ArcelorMittal to Pour ₹1 Trillion into Gujarat’s RE, Steel & Other Projects Updated On Mon, Aug 23rd, 2021 by Saurenergy Luxembourgish multinational steel manufacturer ArcelorMittal is planning to invest Rs 1,00,000 crores in different projects in Gujarat, including its steel plant at Hazira near Surat, a Gujarat government release has said. The release also added, ArcelorMittal Chairman Lakshmi Niwas Mittal along with the CEO of ArcelorMittal Nippon Steel India (AM/NS India), Dilip Oommen, recently called upon […] Read more
RE Investment in India Bounces Back from COVID-19 Slowdown: IEEFA Updated On Mon, Aug 23rd, 2021 by Saurenergy Renewable energy investment is rising again in India following the slowdown in the previous financial year due to the onset of the COVID-19 pandemic, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). In the first four months of this financial year (FY), from April to July 2021, investment […] Read more
Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question Updated On Thu, Aug 19th, 2021 by Saurenergy The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […] Read more
High Cost, Infrastructural Issues Limit Green Hydrogen’s Role in Energy Transition: Study Updated On Tue, Aug 17th, 2021 by Saurenergy Green hydrogen is recognised as a viable solution for reducing greenhouse gas emissions and transitioning away from fossil fuels for “hard-to-abate” sectors. The supply chain for hydrogen, however, is not yet fully developed. Several barriers, such as the high cost of green hydrogen compared to non-renewable alternatives and the lack of dedicated infrastructure, are still […] Read more
Mandating Green Hydrogen Use In Fertilisers and Other Sectors Key, Says Minister Updated On Wed, Aug 11th, 2021 by Saurenergy According to the junior oil minister, Rameswar Teli, under its quest to reduce carbon emissions, India plans to mandate refineries and fertilizer plants to use some green hydrogen. In a written reply to lawmakers on Monday, Teli said that India’s draft hydrogen policy will mandate a gradual increase in the use of green hydrogen instead […] Read more
