Adani Electricity Bringing Renewable Power to Mumbai Updated On Thu, Apr 8th, 2021 by Saurenergy Mumbai’s largest electricity distributor, Adani Electricity Mumbai Limited (AEML) will play a pivotal role in Mumbai’s transition towards green energy. To enable all customers to achieve their targets and aspirations for renewable energy, AEML is launching Mumbai Green Energy Initiative. Under this program, customers will have the flexibility to set their own targets for renewable […] Read more
World Adds Record new Renewable Energy Capacity in 2020: IRENA Updated On Tue, Apr 6th, 2021 by Saurenergy According to IRENA, the world added more than 260 GW of renewable energy capacity last year, exceeding expansion in 2019 by close to 50%. Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic. According to data released today by the […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
DTE Electric Company Completes Third Green Bond Offering Updated On Wed, Mar 31st, 2021 by Saurenergy $1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […] Read more
Record Fall in Coal Generation in 2020, but Emissions Remained High: Ember Updated On Tue, Mar 30th, 2021 by Saurenergy New research has revealed a record fall in coal generation in 2020, however, power sector emissions were still higher than in 2015. New research has revealed that China was the only G20 country that saw a large increase in coal generation in the pandemic year. Globally there was a record fall in coal generation in […] Read more
Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […] Read more
Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
South Africa Planning RE Investments & 3 Power Ships to Tackle Power Crisis Updated On Mon, Mar 22nd, 2021 by Saurenergy South Africa has announced its new plans to ease the severe electricity crisis in the country, including three offshore power ships, greater use of solar and wind energy, and other renewable energy (RE) investments. Minister of Mineral Resources and Energy Gwede Mantashe, had recently announced eight chosen bidders in the government’s emergency risk mitigation program, […] Read more
Report Tries to Predict Hurdles That may Arise in Achieving Net-Zero Emissions by 2050 Updated On Tue, Mar 9th, 2021 by Saurenergy A new report has built a 2050 energy model with almost net zero emissions, and then looked back at the hurdles which may arise along the way. The world will move from today’s global electricity generation of 24,219 TWh to a little over double this figure at 53,153 TWh per annum by 2050, with the […] Read more
