How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Karnataka Renewable Energy Policy Approved By State Cabinet Updated On Thu, Mar 31st, 2022 by Saurenergy The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […] Read more
Endesa’s €600 million RE park in Portugal to have Solar, Wind and Green Hydrogen Updated On Tue, Mar 29th, 2022 by Saurenergy Enel Group subsidiary Endesa Generación Portugal will develop a renewable energy park that will have solar, wind and green hydrogen projects. This will require an investment of €600 million in the Abrantes region of Portugal. Endesa has also been awarded rights to build a 168.6 megawatt (MW) battery energy storage system (BESS) also that will […] Read more
Japanese Researchers Discover More Sustainable Way for Producing Green Hydrogen Updated On Mon, Mar 28th, 2022 by Saurenergy As per a study published in Nature Catalysis, researchers at the RIKEN Center for Sustainable Resource Science, Japan, have found a more sustainable and efficient method for producing green hydrogen from water. The team of researchers has employed cobalt and manganese in electrolysis instead of rare earth materials to produce green hydrogen which is required […] Read more
Delhi’s Budget Wakes Up To Green Potential, targets 2500 MW solar in 5 years Updated On Mon, Mar 28th, 2022 by Saurenergy Delhi’s state government, run by the Aam Aadmi Party through it’s Chief Minister Arvind Kejriwal has finally woken up to the potential in green jobs. In the annual budget presented by state finance minister Manish Sisodia for financial year 2022-23, branded the Rozgar budget or Jobs budget, the government has finally shown awareness of the […] Read more
Indian scientists develop green tech, pave way for low-cost, durable fuel cells Updated On Fri, Mar 25th, 2022 by Saurenergy The latest development in the advancement of green energy tech is Indian scientists’ indigenous fabrication of a platinum-based electrocatalyst for use in fuel cells. The electrocatalyst developed showed comparable properties to the commercially-available electrocatalyst in terms of its performance in fuel cells, superior corrosion resistance and could enhance the lifetime of fuel cell stack performance. Fuel […] Read more
China Aims to Produce 200,000 Tonnes of Green Hydrogen Annually by 2025 Updated On Thu, Mar 24th, 2022 by Saurenergy The National Development and Reform Commission (NDRC) of China has come up with a target to manufacture 200,000 tonnes of green hydrogen annually by 2025. The NDRC has said in its press statement that China will have widespread industrial use of the clean fuel in the long run. NDRC is the top economic planning body […] Read more
