US Invested $3.46 billion In Electric Grid Resilience Projects: US Department of Energy Updated On Fri, Oct 20th, 2023 by Saurenergy US President Joe Biden recently released the America Agenda Funds for investment in 58 projects across 44 states in the US, for grid resilience, a report from the Department of Energy said. In the agenda, it has announced $3.46 billion grant for these projects to strengthen electric grid resilience and reliability across America. This would […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
MENAP, CCA Regions Need Cumulative Investment of $884 Bn to Meet Emission-Curbing Goals Updated On Mon, Nov 7th, 2022 by Saurenergy A new study by the International Monetary Fund (IMF) has revealed that renewable energy expansion in the Middle East and Central Asian regions will require an investment that would equal one-fifth of their current GDP of the countries that fall in the regions. The IMF study has been conducted by Middle East and Central Asia […] Read more
Metal Recycling is Critical for Conservation Goals Updated On Mon, Oct 17th, 2022 by Saurenergy Ever since its IPO last year, (with the stock performing well enough subsequent to listing) , Nupur Recyclers has helped shine a light on the metallurgical recycling industry in India. For the Rs 163 crore revenues firm (FY 22 numbers), the higher visibility has meant a better understanding of the sector, its role and relevance […] Read more
Binghamton University-Led Battery Initiative Gets $113 Million Grant Updated On Mon, Sep 5th, 2022 by Saurenergy In a key development, Binghamton University’s New Energy New York project has received over $113 million to establish a hub for ‘battery technology’ innovation in upstate New York. The U.S. Economic Development Administration announced that the region would receive more than $63 million; the State of New York will support the project with an additional […] 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
Austria will Release €250 million for Wind and Solar Projects Updated On Thu, Mar 24th, 2022 by Saurenergy Rising energy costs due to the Russia-Ukraine conflict have pushed up overall inflation in Austria and this has caused the Austrian government to come up with a plan to expand the renewable energy sector in the country. The government has revealed that it will provide financial assistance of €250 million for the development of solar […] Read more
Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026 Updated On Mon, Sep 20th, 2021 by Saurenergy Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […] Read more
Solar Supply Chain Glitches To Drag On Climate Change Targets Updated On Tue, Sep 14th, 2021 by Saurenergy In order to meet the 1.5°C 2050 scenario under the Paris Agreement, global solar manufacturing capacity has to quadruple to 1,200-1,400 GW by 2035 to handle the peak installations needed, shows analysis by Rystad Energy. Grid parity, resilient networks and strategic partnerships have spurred growth in such capacity in recent years, to 330 gigawatts in […] Read more