European Union Invests €2 Billion In Clean Energy Infrastructure Projects Updated On Thu, Dec 21st, 2023 by Saurenergy The European Union (EU) recently disbursed modernization fund, of €2.17 billion to help the energy within nine Member States through 19 selected projects. These investments are set to help lower-income EU countries to meet their 2030 climate and energy targets. It will help to reduce greenhouse gas (GHG) emissions in energy, industry and transport, and […] Read more
EU New Electricity Market Design To Speed-Up Renewable Deployment Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […] Read more
Midsummer And The EU Sign Agreement On Grant For New Swedish Solar Cell Factory Updated On Wed, Dec 6th, 2023 by Saurenergy Swedish solar firm Midsummer has moved closer to a solar cell manufacturing facility in Sweden, with the closure of talks with the EU on the grant the firm is to get. The new mega-factory for the production of thin film solar cells in Sweden by Midsummer is now a step closer with the talks finalized […] Read more
Dalmia Cement Plans To Use Wind Power For Its Tamil Nadu Plants Updated On Wed, Nov 29th, 2023 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited has now planned to rope in wind power to cater to its power needs. In order to boost the use of renewable energy for its power needs, it has also issued a bid seeking developers. The company, a subsidiary of Dalmia Bharat Limited, plans to use this renewable […] Read more
BEE Releases Norms For India’s Compliance Carbon Credit Market Updated On Thu, Nov 9th, 2023 by Saurenergy The Bureau of Energy Efficiency (BEE) has now issued a draft procedure for compliance mechanisms under the Carbon Credit Trading System (CCTS). The detailed document talks about the compliance mechanism, GreenHouse Gas (GHG) emission intensity trajectory, verification process and issuance of carbon credits and others. It said that the Ministry of Environment, Forest and Climate Change (MoEF) […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA Updated On Tue, Oct 31st, 2023 by Saurenergy COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […] Read more
Solar Accounted For 60% Of New Generation Capacity In Last 5 Years: IEA Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency (IEA) report titled “World Energy Outlook”, shares an update on India’s initiative to build energy security and reduce greenhouse gas emissions. The report states that recent events, such as rising heatwaves and other extreme weather events, have not caused a significant increase in greenhouse gas emissions. It further adds that it […] Read more
European Green Deal Law Aided In Increased RE Deployment: Report Updated On Wed, Oct 25th, 2023 by Saurenergy The European Union (EU) shared a report titled ‘The State of the Energy Union’ 2023, by the European Commission. The report looks back on the EU response to the unprecedented energy crisis of the past two years. It assesses the state of play with the green transition at the national and global levels. It further […] Read more