IRENA Presents China 13-point Lay Out to Achieve Carbon Neutrality Through RE Updated On Tue, Jul 12th, 2022 by Saurenergy Intergovernmental organization International Renewable Energy Agency (IRENA) has shared with China a 13-point plan to help achieve the climate change commitments. As part of its strategic partnership, the report laid out the route and speed to China aiming for its carbon emissions to peak before 2030 and achieve carbon neutrality by 2060. “China is the world’s […] Read more
Record US $14.5 b Investment In Indian RE In Last FY Updated On Mon, Jun 13th, 2022 by Saurenergy A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […] Read more
Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog Updated On Fri, Jun 10th, 2022 by Saurenergy NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and measures for mitigating climate change. […] Read more
SJVN To Invest Rs 1,000 crore in Three UP Solar Projects Updated On Mon, Jun 6th, 2022 by Saurenergy Government owned power producer Satluj Jal Vidyut Nigam (SJVN) has declared that it will invest more than Rs 1,000 crore for the development of three renewable energy projects in Uttar Pradesh. This follows its efforts in other laggard states, including Odisha, Bihar in terms of supporting solar growth there. Nand Lal Sharma, Chairman and Managing […] Read more
Investors In Oil And Gas Assets Could Be Exposed To Increasingly Higher Risks, Says Study Updated On Tue, May 31st, 2022 by Saurenergy The ownership of over 43,000 oil and gas assets has recently been traced to reveal who ultimately loses from misguided investments that become stranded. Stranded assets mean a wealth loss for the owners of the assets. Published in the journal Nature Climate Change on May 26, the study has found the US standing top in the […] Read more
Disruption In Supply Chain Doubles Downtime Days For Solar Developers Updated On Mon, May 30th, 2022 by Saurenergy Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […] Read more
Singapore Calls Neighbours For Low-Carbon Power, Gets 20 Proposals Updated On Tue, May 10th, 2022 by Saurenergy Singapore recently called its neighbours to bring in around 30% of its electricity demand by 2035, receiving 20 proposals from overseas. Currently generating 95% of its electricity from natural gas, Singapore wants to decarbonize its power mix but finds itself handicapped by tiny land area. Left with few options but to look offshore, Singapore approached […] Read more
Developing Economies Such As India Can Have Climate Resilient Energy Independence Updated On Wed, May 4th, 2022 by Saurenergy Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […] Read more
Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden Updated On Thu, Apr 21st, 2022 by Saurenergy A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […] Read more
