Explaining India’s 175 GW Renewables Target. The Big Change Making It Possible Updated On Mon, Aug 10th, 2020 by Saurenergy Over the last few months, Mr. R.K Singh, the Minister of State (Independent Charge) of the Ministry of Power, Minister of State (Independent Charge) of the Ministry of New and Renewable Energy and Minister of State in the Ministry of Skill Development and Entrepreneurship, Government of India, has faced what must seem like a tiring […] Read more
Smoother Processes for Offshore Wind Leasing in the US Will Unlock Billions: WoodMac Updated On Fri, Aug 7th, 2020 by Saurenergy Wood Mackenzie believes that the offshore wind market could move even faster in the US with smoother processes in place for leasing and permitting. Offshore wind in the United States is growing by leaps and bounds. And the WoodMac base scenario for the US offshore wind market sees 25 gigawatts of capacity getting built by […] Read more
Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019 Updated On Fri, Aug 7th, 2020 by Saurenergy Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […] Read more
Facebook Signs PPA to Purchase Power From Apex’s 300 MW Wind Project Updated On Fri, Aug 7th, 2020 by Saurenergy Apex Clean Energy has executed a PPA with Facebook for approximately 170 MW of renewable power from its 300 MW Lincoln Land Wind project in Illinois. Apex Clean Energy has announced that Lincoln Land Wind has executed a power purchase agreement (PPA) with Facebook for approximately 170 MW of renewable power from the Illinois-based wind […] Read more
Tata Motors Announces Monthly Subscription Model for its Nexon EV Updated On Thu, Aug 6th, 2020 by Saurenergy Tata Motors has launched a subscription model for EVs, under which it is making available the Nexon EV at a fixed rental starting at Rs 41,900 per month. Tata Motors, one of India’s leading automobile manufacturers, has announced the launch of a first of its kind subscription model for electric vehicles (EV). Designed to make […] Read more
Mercedes-Benz and CATL Expand Partnership on EV Battery Technology Updated On Thu, Aug 6th, 2020 by Saurenergy Mercedes-Benz and CATL have entered the next stage of their partnership and will create cutting-edge battery technology for the German firms’ EV portfolio. Mercedes-Benz and Contemporary Amperex Technology Limited (CATL) have entered the next stage of their strategic partnership and will create cutting-edge battery technology in support of the high-volume electrification of the Mercedes-Benz model portfolio. […] Read more
Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA Updated On Thu, Aug 6th, 2020 by Saurenergy Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […] Read more
Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC Updated On Thu, Aug 6th, 2020 by Saurenergy Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […] Read more
Slowdown in Power Generation Decline Seen as a Sign of Recovery Updated On Thu, Aug 6th, 2020 by Saurenergy The rate of decline in power generation in the past few months have slowed down in July, this slowdown is being seen as a sign of recovery. According to data made available by government resources, the rate of decline in power generation in the past few months has slowed down in July. This slowdown is […] Read more