US targets Solar For Low Income Households With $7 Billion Grants Competition Updated On Tue, Jul 4th, 2023 by Saurenergy After giving a fillip to utility scale solar and solar manufacturing through the Inflation Reduction Act, the US is now focusing on the one aspect of solar power that has been a challenge. Providing low income families the option to go for solar. Till now, this has been an issue not just in the US […] Read more
Ministry Of Power Notifies Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […] Read more
India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market. According to officials in the concerned ministries, […] Read more
World Bank Approves $200 Mn Loan to Himachal for RE Sector Reforms Updated On Wed, Jun 28th, 2023 by Saurenergy World Bank’s Board of Executive Directors has approved a $200 million loan for the Government of Himachal Pradesh to support power sector reforms in the state and increase the share of Renewable Energy (RE) in its electricity generation. The loan aligns with Himachal Pradesh’s objective of adding 10 GW of additional RE capacity to make […] Read more
AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia Updated On Wed, Jun 28th, 2023 by Saurenergy Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […] Read more
SKF Signs VPPA with Enel to Power One-Third of its European Operations Updated On Fri, Jun 23rd, 2023 by Saurenergy A firm that delves into industrial sustainability, SKF has signed a Virtual Power Purchase Agreement (VPPA) with Enel. The long-term agreement, forged with global energy company Enel, will enable SKF to purchase guarantees of origin from Enel’s forthcoming solar project in Spain over 15 years. The purchased guarantees of origin will match the electricity consumption […] Read more
Solar Protection Product Maker Beny Earns TÜV Rheinland Certification for Microinverter Updated On Fri, Jun 16th, 2023 by Saurenergy Beny New Energy, a firm that delves into research and application of renewable energy technology, unveiled its brand, EV BENY at Intersolar Europe Exhibition in Munich. The firm also announced the achievement of TÜV Rheinland certification for their flagship product, the BYM series Microinverter. This certification solidifies the Microinverter’s position as a paragon of excellence […] Read more
DOE Unveils $135 Million Investment to Propel Industrial Decarbonization in America Updated On Fri, Jun 16th, 2023 by Saurenergy The U.S. Department of Energy (DOE) has announced a substantial investment of $135 million in 40 projects aimed at industrial decarbonization, crucial in driving the nation towards a net-zero emissions economy by 2050. By advancing transformative and innovative technologies, these projects will play a significant role in decarbonizing the U.S. industrial sector. “America’s industrial sector […] Read more
Countries Need More New RE Power To Achieve Global Climate Targets: Study Updated On Wed, Jun 14th, 2023 by Saurenergy A new analysis from Climate Analytics claimed that the world would need more new wind and solar power installations to limit global warming to 1.5°C. Climate Analytics is a global science and policy institute. The analysis said that the globe would need to add renewables up to five times faster by 2030 at a rate of 1.5 […] Read more
