160 GWh Of Energy Storage Needed To Meet India’s 2030 RE Target: IESA Updated On Tue, Jun 28th, 2022 by Saurenergy The India Energy Storage Alliance (IESA) has recently brought out a report VISION 2030 that projects India will need at least 160 GWh of energy storage by 2030 in order to integrate the targeted 500 GW of non-fossil fuel energy onto its networks. This energy storage capacity has been calculated as aggregate of front-of-the-meter grid-scale […] Read more
Clean Energy Transition Could Create 15 Mn Indian Jobs By 2025: Report Updated On Fri, Jun 24th, 2022 by Saurenergy A swift shift from fossil fuels to clean energy could lead to creation of 1.5 crore new jobs in India by 2025 and increase savings on electricity bills, a new report released ahead of the G-7 leaders’ summit said on Thursday. The report, ‘Creating Jobs and Cutting Bills: the economic opportunities of a clean energy […] Read more
IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition Updated On Fri, Jun 24th, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENA’s Director-General Francesco La Camera and the […] Read more
ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA Updated On Thu, Jun 23rd, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […] Read more
Petronas Owned Gentari Targets 40 GW of renewable energy by 2030 Updated On Fri, Jun 17th, 2022 by Saurenergy The national oil company of Malaysia – Petroliam Nasional Bhd (Petronas) – has announced that the company is aiming to build a Renewable Energy capacity of 30 – 40 GW through its new business unit Gentari by 2030. Petronas informed that the special focus for the renewable energy addition will be on solar power energy. […] Read more
Olympus to Employ 100% Renewable Energy in Manufacturing, R&D Updated On Thu, Jun 16th, 2022 by Saurenergy Japanese medical equipment and photography firm corporate Olympus Corporation has announced that from April 2022, the company has begun to exclusively source 100 per cent of the electricity used at its major research and development (R&D) and manufacturing sites in Japan from renewable sources. The official statement reveals that as a result, carbon dioxide emissions […] Read more
When Renewable Energy Meets Artificial Intelligence & Machine Learning Updated On Thu, Jun 16th, 2022 by Saurenergy In the fast-changing world, technologies such as Artificial Intelligence (AI) and Machine Learning (ML) are leading the next wave of productivity gains and tech changes. Artificial intelligence is the main branch of prediction-based technologies which includes domains like machine learning, neural networks and data science. The AI and ML technologies have thrown open a plethora […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Solar And Wind Energy Potential Of India May Face Climate Challenge, Finds IITM Study Updated On Tue, Jun 14th, 2022 by Saurenergy An analysis published in the Current Science journal reveals that India might fall short of its renewable energy target. And yes, its not the 2022 target of 175 GW, which is certain miss at this stage. The Indian Institute of Tropical Meteorology (IITM), Pune scientists and researchers at Center for Prototype Climate Modeling, New York […] Read more
