Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future Updated On Fri, Jun 18th, 2021 by Saurenergy What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which […] Read more
India Extends $100 Million Credit To Sri Lanka For Solar Projects Updated On Thu, Jun 17th, 2021 by Saurenergy In an agreement yesterday, India has extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. This financial help will aid the Lankan government to boost their solar energy sector by ensuring the country’s 70 percent power requirements are fulfilled by renewable energy sources by 2030. The agreement […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report Updated On Mon, Jun 14th, 2021 by Saurenergy The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD), examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […] Read more
Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report Updated On Mon, Jun 14th, 2021 by Saurenergy Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […] Read more
GE Renewable to Dismantle Decommissioned Wind Turbines in Germany Updated On Mon, Jun 14th, 2021 by Saurenergy California-based GE Renewable Energy and German company Neowa GmbH have signed an MoU for a multi-year agreement to dismantle decommissioned Germany-based onshore wind turbines and recycle a variety of components—including blades—during partial and full repowering, contributing to the lifecycle circularity of the wind industry. The companies will also jointly explore the potential to expand Neowa’s unique […] Read more
Methane Could be a Greater Source of Power In US Updated On Fri, Jun 11th, 2021 by Saurenergy Natural gas is an important source of power in the United States. An estimated 300,000 miles of pipeline transport natural gas across the country, while thousands of gathering, processing, and storage facilities prepare and store the gas for end users. One of the natural gases, Methane (CH4) is studied and proven to be 80 times […] Read more
U.K. Poised to Become Net Energy Exporter to Europe in Near Future Updated On Tue, Jun 8th, 2021 by Saurenergy Although the UK currently imports around 7% of its electricity from Europe, the tables are going to be turned soon, partly due to the on-going establishment of new links to the continent. Aiming to quadruple offshore wind capacity this decade, the UK could have excess power to send through those transmission lines. Consequently, the UK […] Read more
Fiat To Become Electric Only Vehicle Maker by 2030 Updated On Tue, Jun 8th, 2021 by Saurenergy Iconic Italian automaker Fiat Automobiles has announced plans to shift completely to making electric vehicles (EV) by the year 2030. Fiat also plans to phase out all ICE (internal combustion engine) vehicles by the beginning of 2025. Speaking of electric mobility at Fiat, its CEO, Mr. Olivier Francois was quoted as saying by Engadget, “It […] Read more
