Latin America Preaches RE, Yet Practises Fossil Fuels Updated On Thu, Jun 2nd, 2022 by Saurenergy Perpetually in two minds, although the Latin American Governments have appeared to be committing to renewable targets, yet their actions are just the opposite. According to the International Energy Agency (IEA) that it will need US$1 trillion per year between now and 2050 to finance energy transition in Latin America, compared to the $150 billion […] Read more
One In Every Two EVs Sold Will Have Electric Powertrain By 2030 Updated On Thu, Jun 2nd, 2022 by Saurenergy Electric vehicles are gaining share so fast in China that one in every two cars sold will have an electric powertrain by 2030. The EV sales in China are projected to cross six million units by the end of this year. India is aiming to have 30 per cent of its passenger vehicle sales as […] Read more
Siemens Gamesa, Greenalia To Install 3 Wind Farms of 110 MW in Spain Updated On Wed, Jun 1st, 2022 by Saurenergy Global renewable energy player Siemens Gamesa and independent power producer Greenalia have announced that they will install a hat-trick of wind farms in the province of A Coruna in Spain. The total capacity of the project will be 110 MW. According to the official statement by Siemens Gamesa, the three wind farms will be equipped […] Read more
MNRE Calls For Proposals To Fund Under RE-RTD Program for 2022 Updated On Wed, Jun 1st, 2022 by Saurenergy The Ministry of New and Renewable Energy runs the Renewable Energy Research and Technology Development program (RE-RTD), with an aim to promote indigenous technology development for wide spread deployment of new and renewable energy in an efficient and cost effective manner across the country. Applications for the cohort seeking support will open from June 1, […] Read more
Power Min Proposal For Phasedown of Thermal To Allow for 30 GW of Renewables Could face States Roadblock Updated On Tue, May 31st, 2022 by Saurenergy In its latest initiative to support renewables growth and allow for an orderly exit from thermal power, India’s power ministry has proposed a phasedown of 58,000 million units of thermal generation across 81 thermal power stations spread across the central, state and private sectors. The idea is to allow such a phased reduction to allow […] Read more
MNRE EoI For Establishment Of Three Power And RE Equipment Hubs Updated On Tue, May 31st, 2022 by Saurenergy The Union Ministries of Power and New and Renewable Energy have jointly proposed a Rs 1000 crore worth scheme inviting the companies for establishment of three manufacturing zones in the country by 2026-27, two in a brownfield on already developed land and one greenfield manufacturing zone in a coastal area of the country. The details […] Read more
Investors In Oil And Gas Assets Could Be Exposed To Increasingly Higher Risks, Says Study Updated On Tue, May 31st, 2022 by Saurenergy The ownership of over 43,000 oil and gas assets has recently been traced to reveal who ultimately loses from misguided investments that become stranded. Stranded assets mean a wealth loss for the owners of the assets. Published in the journal Nature Climate Change on May 26, the study has found the US standing top in the […] Read more
South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
The Top 5: Indian Cement Manufacturers & Their Efforts Towards Sustainability Updated On Mon, May 30th, 2022 by Saurenergy The Indian Cement industry is the second-largest producer of cement in the world, while the Indian market is also the second-biggest consumer on the planet. The country had over 200 large cement producing plants and more than 360 small ones recording a turnover of around Rs 64,000 Crore in FY-20. With a massive and ongoing […] Read more
