Switching up Renewables and With it Energy Poverty: Study Updated On Mon, Jul 15th, 2019 by Saurenergy According to a new study, switching to renewable energy sources can help reduce carbon emissions but at the expense of increased energy poverty. According to a new study conducted by a team of researchers at the Portland State University (PSU), switching to renewable energy sources from fossil fuels can help reduce carbon emissions but at the expense of increased […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
The Big Moves in Budget 2019 Updated On Fri, Jul 5th, 2019 by Saurenergy Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […] Read more
South & SE Asia ‘Can’ Transition to Zero Carbon: Climate Analytics Report Updated On Wed, Jun 26th, 2019 by Saurenergy According to a new report by the research institute Climate Analytics, the South and South East Asia can shift from their current carbon-intensive pathways to renewable energy The South And South East Asian economies can fuel economic growth, boost sustainable development and overcome energy poverty while avoiding life-threatening pollution and environmental degradation while transitioning to […] Read more
EVs Emit 67% Less than Conventional ICE Vehicles: Report Updated On Tue, Jun 25th, 2019 by Saurenergy A new report has revealed that an EV can generate up to 67% less GHG emissions than ICE car on a well-to-wheel basis but the location is a crucial factor. A new report has revealed that a typical mid-size electric vehicle (EV) can generate up to 67 percent lower greenhouse gas (GHG) emissions than a petrol-driven internal combustion engine (ICE) […] Read more
ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market Updated On Sat, Jun 22nd, 2019 by Saurenergy USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […] Read more
Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
Global Action Needed to Scale Up Hydrogen For a Clean & Secure Energy Future Updated On Fri, Jun 14th, 2019 by Saurenergy The world has an important opportunity to tap into the vast potential of hydrogen to become a critical part of a more sustainable and secure energy future, the International Energy Agency (IEA) has revealed in a major new report. The in-depth study, which analyses hydrogen’s current state of play and offers guidance on its future […] Read more
WB Grant For China RE and Battery Storage Promotion Project Updated On Thu, Jun 13th, 2019 by Saurenergy The World Bank has approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase RE adoption and transition The World Bank’s Board of Executive Directors have approved a $300 million loan for the China Renewable Energy and Battery Storage Promotion Project to increase the integration and utilisation of […] Read more