bp Energy Outlook Explores Possible Paths for Global Energy Transition Updated On Mon, Sep 14th, 2020 by Saurenergy The 2020 edition of the bp Energy Outlook explores possible paths for the global energy transition, how global energy markets may evolve over the next thirty years and the key uncertainties that may shape them. Looking out to 2050, the Outlook is focused around three main scenarios. In the main scenarios, it considers, global energy […] Read more
Target 2030. New Zealand Ruling Party Promises Early Arrival at 100% Renewable Energy Updated On Mon, Sep 14th, 2020 by Saurenergy Prime Minister Jacinda Ardern’s ruling labour Party in New Zealand has become one of the earliest ‘significant’ economies to promise a transition to 100 percent renewable energy by 2030. The country was earlier committed to reaching the target by 2035. Saying that New Zealand needs stable, sustainable and affordable energy to ensure its future energy […] Read more
Petronas Expands India Bet With 100 MW ACME Buy Through Amplus Updated On Fri, Sep 11th, 2020 by Saurenergy Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […] Read more
Manufacturing, Affordability And Efficiency in Focus at CEO Session Solar Tech Summit Updated On Wed, Sep 9th, 2020 by Saurenergy The CEO’s session at the first World Solar Technology Summit by the ISA saw head honchos make a strong pitch for a broader manufacturing supply chain, besides the need to maintain the price trajectory and seek higher efficiency. In a session moderated by Jeanette Rodrigues, Mumbai bureau chief of Bloomberg LP, gloal CEO’s weighed in […] Read more
Decarbonising Of Grids To Accelerate Due To Dropping Storage Costs Updated On Wed, Sep 9th, 2020 by Saurenergy Participants at one of the four technical sessions of the International Solar Alliance’s First World Solar Technology Summit held in India ventured into a key area- Decarbonising of Grids. An issue at the heart of the key challenge facing renewable energy, particularly, solar power. Grid Stability and adaptability. A key takeaway was that global regulators […] Read more
Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables Updated On Mon, Sep 7th, 2020 by Saurenergy RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […] Read more
Study Reveals Tipping Points to Drive Mainstream EV Adoption in India Updated On Mon, Sep 7th, 2020 by Saurenergy A major new study by Castrol has revealed the ‘tipping points’ to achieve mainstream electric vehicle (EV) adoption in India. A major new study released by Castrol draws on the views of consumers, fleet managers and automotive industry leaders from across India to reveal the factors driving EV buying decisions. The report ‘Accelerating the EVolution’ […] Read more
Ontario Wasted Enough Clean Electricity to Power 720,000 Homes in 2019: Report Updated On Fri, Sep 4th, 2020 by Saurenergy OSPE has revealed that Ontario wasted a total of 6.5 TWh of clean electricity in 2019 – an amount sufficient to power 720,000 average homes for one year. The Ontario Society of Professional Engineers (OSPE), the voice of Ontario’s engineering community, has released updated data on curtailed (wasted) energy, following its 2019 Retail Electricity Price […] Read more
Tata Motors and Hyundai Win Bid to Supply 250 EVs to EESL Updated On Fri, Sep 4th, 2020 by Saurenergy EESL will procure 250 EVs from Tata Motors and Hyundai Motor India after the two firms were selected through an international competitive bidding process Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, has announced that it will procure 250 electric vehicles (EVs) from […] Read more