Global Energy Investments Far From a Net Zero Pathway: IEA Updated On Thu, Jun 3rd, 2021 by Saurenergy As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […] Read more
Ørsted Sharpens Strategy To Maintain Green Energy Major Status Updated On Thu, Jun 3rd, 2021 by Saurenergy Danish wind energy major Ørsted, that claims to run completely on green energy, approves fresh strategic ambition and financial guidance. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products. It has installed a total of 12 GW of renewable energy capacity over […] Read more
Renewables The Growth Engine- Tata Power Q4 Analyst Call Updated On Thu, Jun 3rd, 2021 by Saurenergy Tata Power has been on a roll recently. And that is not just the share price we are talking about. A series of decisions taken by the firm in the past 2-3 years, are finally leading to the firm delivering on the promise of being the largest integrated power firm in the country. Those changes […] Read more
MoRTH Proposes Exempting EVs from Registration and Renewal Fees Updated On Thu, Jun 3rd, 2021 by Saurenergy The Ministry of Road Transport and Highways (MoRTH), in its ongoing efforts to support the EV ecosystem, has proposed some new steps. This time, MoRTH has issued a draft notification proposing the exemption of battery-operated vehicles i.e. EVs from the registration fee and its renewal charges. MoRTH issued this amendment in a statement, “Provided further […] Read more
Adani Wind Commissions 150 MW Project 9 months before Schedule Updated On Thu, Jun 3rd, 2021 by Saurenergy Adani Wind Energy Kutchh Three Limited (AWEKTL), a subsidiary of Adani Green Energy Limited (AGEL), has announced the commissioning of a 150 MW Wind Power Project located in Kutchh, Gujarat, 9 months ahead of its Schedule. This is the 6th project commissioned before schedule by the company over the past 12 months. Wind Energy projects […] Read more
Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital? Updated On Tue, Jun 1st, 2021 by Saurenergy In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […] Read more
Daily Price Swings to be Limited to 10% by Upcoming China ETS Updated On Mon, May 31st, 2021 by Saurenergy According to a recent report in The Securities Times, a Shenzhen-headquartered national financial newspaper, China’s national Emission Trading Scheme (China ETS) – a policy considered important for achieving the country’s net-zero goals – will initially set daily trading limits at 10 per cent of prices when it comes online late in June. The report cites Mr Lai […] Read more
Manager – Projects Updated On Mon, May 31st, 2021 by Saurenergy Working alongside the project manager, the main responsibility will be monitoring and implementing action plans for the construction process of a 20MWp+ capacity utility ground-mounted solar project. Acting as a key liaison between I&C contractors, landowners, and local communities. Coordinate with local subcontractors for various sub-tasks, particularly civil works, housekeeping, land development, petty purchases, and […] Read more
Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA Updated On Mon, May 31st, 2021 by Saurenergy The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […] Read more