COP29: Azerbaijan Concludes First RE Auction At Tariff Of $3.540 Cents/kWh Updated On Fri, Nov 22nd, 2024 by Saurenergy Azerbaijan recently concluded its first ever renewable energy auction with technical assistance from the European Bank for Reconstruction and Development (EBRD). The outcome of the competitive auction was announced at the United Nations Climate Change Conference in Baku (COP29). In the auction ran by Ministry of Energy, Universal International Holding Limited submitted the lowest bid, […] Read more
Regime Change Can Shift US Net-Zero Energy: Wood Mackenzie Updated On Wed, Nov 20th, 2024 by Saurenergy Republican control in the United States (US) will move energy policy away from net zero targets, but President-elect Trump’s full agenda will face political and market opposition according to a Wood Mackenzie analysis. The US is likely in store for lighter standards on emissions regulations, more protectionist trade policies, and removing the US from the […] Read more
India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge Updated On Wed, Nov 20th, 2024 by Saurenergy The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […] Read more
Why The NTPC Green Energy IPO Could Be A Turning Point For Green Energy Related IPOs Updated On Thu, Nov 14th, 2024 by Saurenergy After a journey of over two years, the NTPC Green Energy IPO is finally here. It is interesting that despite the long anticipation and preparations behind this mega Initial Public Offering (IPO) of Rs 10,000 crores ($1.18 billion), the latest IPO still gives one a feeling of a rushed effort, thanks to the many exemptions […] Read more
The Emissions Impact of Repurposed EV Battery Packs in Residential Settings Updated On Tue, Nov 12th, 2024 by Saurenergy The popularity of plug-in electric vehicles (PEVs) has taken off, thanks to better batteries, lower costs, and strong policy support. However, as electric mobility becomes more mainstream, a crucial question arises, what happens to these batteries when they are no longer usable? With 1.2 million electric vehicle batteries predicted to be decommissioned worldwide by 2030 […] Read more
RE Push Can Lead To 24% Dip In Coal Power Generation By 2030: CEEW Study Updated On Fri, Nov 8th, 2024 by Saurenergy India’s current climate policies are already helping bend its long-term emissions curve and are projected to reduce CO2 emissions by almost 4 billion tones between 2020 and 2030, a latest report from the Council on Energy, Environment and Water (CEEW) said. This reduction is equivalent to nearly 1.6 times the European Union’s CO2 emissions in […] Read more
Green Stocks Nov 7: Stocks Dragged Down With Market Updated On Thu, Nov 7th, 2024 by Saurenergy Market gyrations caught up with green sticks yet again, as most slipped along with the broader market. The standouts were solar glass maker Borosil Renewables and Shakti Pumps, which hit the upper circuit today. With most results out of the way, it is clear that many in the markets believe that upsides in green stocks […] Read more
Green Tariffs, Budget Crucial For RE Growth in Rajasthan, Gujarat: Report Updated On Tue, Nov 5th, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA), in a briefing note, recommended a multifaceted approach to accelerate the renewable energy transition in two renewable-rich states namely, Gujarat and Rajasthan. This involves implementing strategic measures to enhance financial resources, improve market dynamics, and support effective governance. The note recommends the use of integrated green […] Read more
Powering India’s Net-Zero: Navigating Challenges in Renewable Integration Updated On Mon, Nov 4th, 2024 by Saurenergy India’s journey to a net-zero energy future demands an extensive transformation in its power market. As the country intensifies efforts to increase renewable energy (RE) capacity and to realise its 2030 and later net zero goals, numerous challenges—structural, financial, and operational—are emerging, presenting formidable obstacles to integrating a growing share of RE into the national […] Read more