The $12 Billion dollar Question. When Promoter, Group And Subsidiary All Go For a Cleanup Updated On Fri, Apr 1st, 2022 by Saurenergy Cleanups don’t go deeper than this. The Anil Agarwal owned $12 billion Vedanta Group, a mining major that has had its share of confrontations with environmentalists worldwide, has embarked on a major green push. It’s a push accompanied by similar moves at Subsidiary Hindustan Zinc limited. And not just that, all this comes even as […] 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
Rhode Island plans 600-MW offshore wind procurement Updated On Fri, Mar 25th, 2022 by Saurenergy The smallest state in the United States, Rhode Island’s Governor Dan McKee has announced that legislation has been introduced which would require a market-competitive procurement of approximately 600 MW of new offshore wind capacity If enacted, the legislation would require Rhode Island’s primary utility company to issue a procurement no later than 15 August 2022. […] Read more
L&T to Develop 280 MW Worth Solar Projects in Rajasthan and Gujarat Updated On Sat, Mar 19th, 2022 by Saurenergy Engineering conglomerate Larsen & Toubro (L&T) has announced that the company has got an order to develop a 245MW solar power project in Rajasthan. It has also received another order to build 35 MW (AC) photovoltaic capacity with 57MWh battery energy storage system in Gujarat. The project will be based in the Kutch district. Larsen & […] Read more
Unavoidable multiple climate hazards in next 2 decades, warns new report Updated On Wed, Mar 2nd, 2022 by Saurenergy Human-induced climate change is causing dangerous and widespread disruption in nature and affecting the lives of billions around the world, despite efforts to reduce the risks, scientists warned in the latest Intergovernmental Panel on Climate Change (IPCC) report released on Monday. “This report is a dire warning about the consequences of inaction,” said Hoesung Lee, […] Read more
Goa Govt Notifies Charging Infra Policy for Electric Vehicles Updated On Mon, Feb 28th, 2022 by Saurenergy The state government has notified the Goa EV Concessional Charging Infrastructure Policy 2021, paving the way for EV charging stations across the state. It will also boost sales of electric vehicles. As per the policy, the charging stations operators shall be allowed other sources to generate revenue, but with prior approval. Revenue generated will be […] Read more
ACEN Powers Up Philippines 1st Hybrid Solar-Storage Plant Updated On Thu, Feb 24th, 2022 by Saurenergy ACEN, the listed energy platform of the Ayala Group, has switched on the first hybrid solar and energy storage project of the Philippines. The pilot 40 MW energy storage project located in Alaminos, Laguna, will allow the company to evaluate opportunities to store energy more effectively across the portfolio of ACEN, with the aim to […] Read more
5 Best Lithium Battery Recycling Firms for the New EV World Updated On Tue, Feb 22nd, 2022 by Saurenergy The global lithium battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030. This implies a CAGR of 19.6% during the forecast period 2021-2030. Rising investments in EVs and subsidies to encourage battery recycling are some of the key opportunities for the lithium-ion battery recycling market. […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more