Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA Updated On Wed, Jun 23rd, 2021 by Saurenergy The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […] Read more
FIMER Launches 2 New Platforms for Utility PV Market Updated On Wed, Jun 23rd, 2021 by Saurenergy Leading solar inverter supplier FIMER has announced the launch of two new platforms for the utility-scale sector – a high-power multi-MPPT string inverter and a modular conversion solution – which are designed to cater for both decentralized and centralized applications covering 100 percent of utility applications. With the most recent Renewable Energy Market Update from the International Energy […] Read more
Gujarat EV Policy 2021: EV Subsidies, 250 Charging Stations & More… Updated On Tue, Jun 22nd, 2021 by Saurenergy Recently we reported that Maharashtra has released its draft new electric vehicle (EV) Policy, and now the neighbouring state of Gujarat has followed suit with its EV Policy. The chief minister of Gujarat, Mr. Vijay Rupani through a live press conference released the Gujarat EV Policy 2021. CM Rupani stressed on the environmental betterment from […] Read more
Facebook Attained Net Zero Goal, 100% RE for Global Operations in 2020 Updated On Tue, Jun 22nd, 2021 by Saurenergy California-headquartered social media giant Facebook yesterday released its 2020 Sustainability Report, claiming that the company had met its goals of reaching net zero emissions and 100% renewable energy for its global operations. “We also reduced our greenhouse gas emissions by 94% from 2017 levels, exceeding our goal of a 75% reduction”, said the social media […] Read more
R.K. Singh Press Conference- Rules On Green Tariff Coming, More.. Updated On Tue, Jun 22nd, 2021 by Saurenergy At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […] Read more
NTPC Q4 results Strong, Renewables Take Centre Stage for Future Updated On Tue, Jun 22nd, 2021 by Saurenergy NTPC ended fiscal year 21 with a renewable capacity of 1.86GW, aims for 60GW by 2032 NTPC Limited, announced its Q4FY21 numbers on Saturday. The state-owned power company reported strong results, partly due to the base effect of low power demand from last year’s Covid hit demand. In the previous fiscal year, net profits were […] Read more
GoodWe To Produce One million Units Per Year Post Expansion Updated On Mon, Jun 21st, 2021 by Saurenergy PV Inverter manufacturer GoodWe has announced a major manufacturing expansion to up to one million units per year in phase II of its Guangde manufacturing facility in China. The firm, ranked as the leading storage inverter firm in the world by Wood Mackenzie, has a strong presence across categories in solar. The company hosted the […] Read more
Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment Updated On Mon, Jun 21st, 2021 by Saurenergy Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE). The Rockefeller Foundation is focused […] Read more
2-Day Virtual Summit on Green H2 among BRICS Nations Starts Tomorrow Updated On Mon, Jun 21st, 2021 by Saurenergy Starting tomorrow, India is organising a two-day virtual summit (June 22, 2021 to June 23, 2021) on green hydrogen initiatives involving the BRICS (Brazil, Russia, India, China, and South Africa) nations. The event will be anchored by India’s largest power producer and one of the global energy majors, NTPC Ltd., a CPSU under Ministry of […] Read more