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
The Top 5: Cryptocurrencies Seeking A Greenwash Updated On Fri, Jun 10th, 2022 by Saurenergy Bitcoin’s environmental impact has been a talking point for a while now. From being compared to the energy consumption of whole countries to the impact of such consumption to climate change, the high energy use has been the biggest, and easiest stick to beat it up with. Similarly, the carbon footprint of the many other […] Read more
Ayana To Invest Rs 12000cr for 2 GW RE Projects in Karnataka Updated On Thu, Jun 9th, 2022 by Saurenergy Ayana Renewable Power Pvt Ltd (Ayana) is expanding its green energy business in Karnataka as the company announced that it will set-up renewable energy projects totaling 2 gigawatts (GW) with an investment of Rs 12,000 crore. The official statement of Ayana said that the company has signed an expression of interest with the government of […] Read more
South Africa Moves A Step Closer to 540 MW Solar and 1.1 GW Storage With Scatec PPA Signing Updated On Wed, Jun 8th, 2022 by Saurenergy Oslo, Norway headquartered, Scatec ASA has signed a power purchase agreement for three co-located solar and storage projects under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) alongside the South African government. The PPA will run for 20 years. This agreement also included 540MW of solar power capacity. With this, South Africa is one […] Read more
Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth Updated On Wed, Jun 8th, 2022 by Saurenergy The notification of the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022 or the Green Open Access Rules as the industry is calling it, has easily been the biggest policy move for the sector this quarter. A quick perusal of the messages of welcome indicate that optimism rules high, and the Corporate and […] Read more
Cars And Solar Panel Roofs- Is There A Future Here? Updated On Wed, Jun 8th, 2022 by Saurenergy To reduce pollution caused due to fossil-fuel-powered ICE vehicles, the techno-world has developed and adopted various technologies to substitute fossil fuel as a source of energy. Electric cars have been one of the biggest bets to achieve zero-emissions mobility. Some of the automotive giants like Volkswagen Group, General Motors, etc., have already begun to sweep […] Read more
US Launches $8 Billion Regional Clean Hydrogen Hub Programme Updated On Wed, Jun 8th, 2022 by Saurenergy The US Department of Energy (DOE) has announced through a Notice of Intent (NOI) that it will fund the Bipartisan Infrastructure Law’s $8 billion program to develop regional clean hydrogen hubs (H2Hubs) across America. According to the official statement of the department, H2Hubs will create networks of hydrogen producers, consumers, and local connective infrastructure to […] Read more
Norwegian Prime Minister Revises Offshore Wind Ambitions Updated On Tue, Jun 7th, 2022 by Saurenergy Norway may see its first commercial scale offshore wind farm coming up in coming years as Prime Minister Jonas Gahr Store has declared that Norway will be allocating 30 GW of offshore wind energy capacity by 2040. The announcement means that Norway will be producing wind energy equal to actual energy consumption by Norway in […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more