Green Hydrogen Not a Blanket Alternative to Fossil Fuels? Updated On Thu, May 20th, 2021 by Saurenergy Green hydrogen is increasingly being built up as the ideal clean fuel for a carbon-neutral tomorrow, but is it a viable replacement for the use of fossil fuels in cars or domestic heating systems? In a recently published study conducted by Germany’s Potsdam Institute for Climate Impact Research (PIK), scientists have found that even though […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
ADB to End Fossil Fuel Financing, No Timeline Committed Updated On Tue, May 11th, 2021 by Saurenergy The Asian Development Bank (ADB) announced on Friday that it will not finance coal mining or oil and natural gas activities in the future, as a result of a draft energy policy supporting low carbon transition in Asia and the Pacific. Set up in the early 1960s and headquartered in Manila, the ADB has since channelled […] Read more
Guidelines Issued for PLI Scheme for Solar Modules; IREDA to be Implementing Agency Updated On Mon, May 3rd, 2021 by Saurenergy MNRE has issued the guidelines for the implementation of the PLI scheme for high-efficiency solar PV modules. The Ministry of New and Renewable Energy (MNRE) in a ministry wide notification has announced the sanction of the President for implementation of the Production Linked Incentive (PLI) scheme ‘National Programme on High-Efficiency Solar PV Modules’ for achieving […] Read more
Gryphon Raises $14 Mn to Launch Bitcoin Mining Operation with Zero Carbon Footprint Updated On Wed, Apr 14th, 2021 by Saurenergy Gryphon Digital Mining has raised USD 14 million in Series A funding to launch a Bitcoin mining operation with zero carbon footprint. Gryphon Digital Mining has announced it has raised USD 14 million in its Series A funding round to launch a Bitcoin mining operation with zero carbon footprint. Institutional investors accounted for over thirty […] Read more
The 2021 Roadmap For Solar Updated On Thu, Feb 11th, 2021 by Saurenergy With Budget 2021 finally behind us, India’s renewable energy sector, particularly solar has to reckon with a new reality finally. The renewable energy sector, especially solar, will have the government’s ear, but don’t expect any major moves anytime soon, as the government grapples with broader issues across the economy. Solar at least has the comfort […] Read more
Premier Energies to set up new Rs 483 Cr Solar Manufacturing Facility in Hyd Updated On Thu, Feb 11th, 2021 by Saurenergy Premier Energies is setting up a new state-of-the-art solar cells and modules manufacturing facility at the cost of Rs 483 crore in Hyderabad Premier Energies, a leading domestic solar PV cells and modules manufacturing company has announced that it is setting up a new state-of-the-art facility at E-City Hyderabad. A Greenfield Project, the new plant […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
71.3 GW of Wind Capacity in 2020, 348 GW by 2024: GWEC Updated On Sat, Nov 7th, 2020 by Saurenergy According to the latest GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19. According to the latest market outlook by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is […] Read more
