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
Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
Setting Industry Standards for Clean Energy Products Updated On Thu, Jun 23rd, 2022 by Saurenergy In the past few years, clean energy products have gained substantial popularity. Consumers, who are becoming more environmentally conscious by the minute and keen to save money, are embracing the transition to renewable products with open arms. As the Centre looks to reduce carbon emissions by a massive 1 billion tonnes by 2030, more and […] 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
Pacifico Energy Wins Big In 129 MW Japan Solar Tender Updated On Tue, Jun 21st, 2022 by Saurenergy Japan has disclosed the winners of its 12th solar power tender. The total capacity on offer was about 129 MW. Renewable energy developer Pacifico Energy KK has said that it has emerged as the winner of more than half of the capacity that Japanese authorities have allotted. Pacifico has said that the company grabbed a 76.8-MW […] Read more
Unfazed By Protests, Adani Will Expand Energy Footprint In Lanka Updated On Tue, Jun 21st, 2022 by Saurenergy Unfazed by the political storm over recent off-the-cuff remarks by MMC Ferdinando, the former Chairman of Ceylon Electricity Board, a couple of weeks ago, Adani Group has set its sights on further expanding its operations in Sri Lanka through Adani Green Energy Limited (AGEL). The expansion plan entails setting up strategic projects that include about […] Read more
Uttar Pradesh Gets Investment Proposals Of Rs 4782 Crores For Renewables Updated On Tue, Jun 21st, 2022 by Saurenergy The outcome of GBC 3 (third ground breaking ceremony) has been quite fruitful for the state of Uttar Pradesh in the renewable energy sector development and energy transition. In the most recent case, key players have vowed to invest in the renewable energy segment as investment proposals of Rs 4782 crore have come up for […] Read more
