IRENA’s World Energy Transitions Outlook Re-Writes Energy Narrative for a Net Zero World Updated On Thu, Jul 1st, 2021 by Saurenergy Accelerating energy transitions on a path to climate safety can grow the world’s economy by 2.4 per cent over the expected growth of current plans within the next decade, a new analysis from the International Renewable Energy Agency (IRENA) shows. The Agency’s 1.5°C pathway foresees the creation of up to 122 million energy-related jobs in […] Read more
Tata Motors Bags Order of 15 H2-based Fuel Cell Buses From Indian Oil Updated On Wed, Jun 30th, 2021 by Saurenergy Maharashtra-headquartered automobile manufacturing company Tata Motors Limited has announced that it has won a tender of 15 hydrogen-based proton exchange membrane (PEM) fuel cell buses from the Indian Oil Corporation Limited (IOCL). IOCL had invited bids for supply of PEM fuel cell buses in December 2020, and Tata Motors was selected as the winner following […] Read more
Poor Weather-led Drop in Wind Output Slashes German RE Use Updated On Tue, Jun 29th, 2021 by Saurenergy In the first half of 2021, renewable energies covered around 43 percent of gross domestic electricity consumption, compared to 50 percent of it in the same period in 2020, say the preliminary calculations of the Centre for Solar Energy and Hydrogen Research Baden-Württemberg (ZSW) and the German Association of Energy and Water Industries (BDEW). The […] Read more
NTPC Targets to Install 60 GWs Renewable Energy by 2032 Updated On Mon, Jun 28th, 2021 by Saurenergy India’s largest integrated energy company, National Thermal Power Corporation Ltd (NTPC), has become the first Indian energy company to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). It has announced its sustainability energy compact targets. As per the official release by the ministry, NTPC has set a target to […] Read more
Renewables Will Unlock $2.2 T Green Steel Monster: Rethink Report Updated On Mon, Jun 28th, 2021 by Saurenergy A new report published by Rethink Technology Research says that steelmaking – one of the world’s dirtiest industries – will end up becoming of the greatest opportunities for renewable energy. In the wake of a 1,000-year coal legacy, a combination of hydrogen and scrap-based production will see a 20-fold increase in the sector’s demand for […] Read more
The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] Read more
Electric Bus Market to Grow at 13.9% CAGR Through Policies & Incentives Updated On Fri, Jun 25th, 2021 by Saurenergy The worldwide shift towards sustainable mobility has compelled the governments to bring green policies to eliminate carbon emissions and incentivize electric vehicles (EVs) for faster adoption all across the world. A recent analysis by Frost & Sullivan finds that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing […] Read more
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] Read more
Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA Updated On Wed, Jun 23rd, 2021 by Saurenergy The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […] Read more
