Can COP29 Help In Expediting Renewable Growth In India? Updated On Mon, Nov 11th, 2024 by Saurenergy The convergence of global leaders, policymakers, and pro-climate groups in Baku, Azerbaijan, for the annual Conference of Parties (COP29) is likely to expedite the energy transition globally. It is more pertinent to the Global South including India which has been demanding fair access to the Climate Fund, as committed by developed countries for pro-climate activities. […] Read more
RE Push Can Lead To 24% Dip In Coal Power Generation By 2030: CEEW Study Updated On Fri, Nov 8th, 2024 by Saurenergy India’s current climate policies are already helping bend its long-term emissions curve and are projected to reduce CO2 emissions by almost 4 billion tones between 2020 and 2030, a latest report from the Council on Energy, Environment and Water (CEEW) said. This reduction is equivalent to nearly 1.6 times the European Union’s CO2 emissions in […] Read more
India’s Coal Sector Need Rs. 3,29,651 Cr Investment For Green Makeover: iForest Updated On Mon, Oct 21st, 2024 by Saurenergy Internationally, countries like the United Kingdom (UK) have recently shut down their last coal power plant. India, despite being the third largest emitter globally, simply cannot follow suit, even as it has established its first committee to develop a just transition framework. This framework aims to prepare guidelines for the government to transition away from […] Read more
Odisha, MP New Emerging States For Renewables: CEEW Report Updated On Tue, Sep 10th, 2024 by Saurenergy A latest report by energy think tank Council on Energy, Environment and Water (CEEW) said that Odisha and Madhya Pradesh could soon become the new emerging states to spur the growth of green energy in the country. The study, ‘Unlocking India’s RE and Green Hydrogen Potential: An Assessment of Land, Water, and Climate Nexus’, highlights […] Read more
Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more
Oorja Raises $1.5M Pre-Series A For Farming-As-A-Service Model Updated On Thu, Aug 1st, 2024 by Saurenergy Oorja, a solar irrigation services and agricultural advisory to smallholder farmers in India, successfully closed its US$1.5 million Pre-Series A funding round. The company in the recent round attracted $1.2 million in equity finance from impact investors like Acumen, elea, a family trust advised by Artha Impact, Echoing Green Signal Fund, Partners Group via its […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Impose Carbon Tax In India To Handle CBAM Issue: CSE Updated On Thu, Jul 18th, 2024 by Saurenergy A new report from New Delhi-based think tank Center for Science and Environment (CSE) said that the developing countries might consider imposing carbon tax and other measures on their own to tackle the issue of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM). This comes at a time when the EU has planned to […] Read more
Schneider Electric Gets $3.75M For Electric Stove Outreach Updated On Thu, Jul 4th, 2024 by Saurenergy Schneider Electric Energy Access Asia (SEEAA), an impact fund managed by Schneider Electric, an energy management and automation company, along with Spark+ Africa Fund closes US$3.75M Series A in ATEC to support global expansion across Asian and African markets for its market-leading IoT electric stoves. Other institutional investors in the round include DRW, Save the Children […] Read more
