With The Rise Of RE, India’s New Coal Capacity Sees Record Drop: Report Updated On Wed, May 15th, 2024 by Saurenergy A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) said that renewable energy accounted for 71.5% of the record 13,669 megawatts (MW) power generation capacity added by India in the first quarter (Jan-Mar) of this year (2024), while coal’s share (including lignite) of total power capacity dropped below 50% for the first […] Read more
Honda Opens New R&D Facility In Bengaluru Updated On Thu, May 9th, 2024 by Saurenergy Japan-based Honda recently opened its new solution Honda R&D (India) (HRID) research and development (R&D) center in Bengaluru, Karnataka. The company HRID is a subsidiary of Honda Motor Co., Ltd. and functions as Honda’s research and development arm for motorcycles and power products in India. By setting up its recent plant in India, the company aims to achieve its […] Read more
EU Rooftop Solar Standard Can Provide Power To 56 Mn Homes Updated On Thu, May 9th, 2024 by Saurenergy The European Energy Performance of Buildings Directive recently entered into force with the publication of the rule in the official journal of the European Union (EU). Its implementation could provide solar power equivalent of 56 million European homes. A preliminary analysis conducted by SolarPower Europe suggests that the EPBD could drive the installation of 150 […] Read more
India’s Aluminium Industry Needs USD 29 Bn CAPEX To Go Net-Zero: CEEW Updated On Wed, May 1st, 2024 by Saurenergy The Indian aluminum industry requires an additional capital expenditure (CAPEX) of nearly Rs 2.2 lakh crore (USD 29 billion) to achieve net zero carbon emissions, according to Council on Energy, Environment and Water (CEEW) study. CEEW in its recent report found that renewable energy (RE) power sources could abate 49 percent of the total emissions […] Read more
April 30 News Briefs- Enfinity, JA Solar, Gstar, energyRE Updated On Tue, Apr 30th, 2024 by Saurenergy Enfinity Global Closes $195 Million Long-Term Financing for 70MW Solar Power Plant In Japan The recently completed solar power plant in Aomori Prefecture in northern Japan is expected to generate more than 75 GWh of clean energy annually, which is enough to meet 11% of the energy needs of the city of Aomori, i.e. about […] Read more
The Impact of Renewable Energy on Economic Growth and Job Creation Updated On Wed, Apr 24th, 2024 by Saurenergy At first glance, the subject of renewable energy seems like a truly controversial matter, eliciting conversations and debates between advocates of climate change action and those seeking to protect their economic advantage. In a broader sense, however, there appears to be a nexus between renewable energy and economic growth. For instance, India spent $11.8 billion […] Read more
Brazil Oil Company Petrobras To Build Solar Power At Its Three Refineries Updated On Wed, Apr 24th, 2024 by Saurenergy Brazilian state-run oil and gas company Petrobras has recently unveiled its plans to boost its sustainable energy portfolio involving the potential installation of 48 megawatts of solar energy capacity across three of its refineries. By leveraging photovoltaic (PV) technology, the company aims to mitigate its carbon footprint while boosting operational efficiency, according to a statement […] Read more
TotalEnergies Begins Construction of 12 MW Solar Project at New York’s JFK Airport Updated On Wed, Apr 24th, 2024 by Saurenergy TotalEnergies has begun construction of New York State’s largest onsite solar generating and storage system at John F. Kennedy (JFK) International Airport in partnership with the Port Authority of New York and New Jersey (PANYNJ) and the New York Power Authority (NYPA). To be erected as a canopy in one of JFK’s long-term parking lots, […] Read more
Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet Updated On Tue, Apr 23rd, 2024 by Saurenergy Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […] Read more
