Key Battery Metals Need Increased Investment to Meet Climate Targets Updated On Tue, Sep 15th, 2020 by Saurenergy According to Wood Mackenzie’s Accelerated Energy Transition (AET) scenario, the battery raw materials supply chain requires much more investment by 2030. According to Wood Mackenzie’s Accelerated Energy Transition (AET) scenario, which sees global warming limited to 2.5 degrees (Celsius), the battery raw materials supply chain requires much more investment by 2030. The AET brings electric […] Read more
bp Energy Outlook Explores Possible Paths for Global Energy Transition Updated On Mon, Sep 14th, 2020 by Saurenergy The 2020 edition of the bp Energy Outlook explores possible paths for the global energy transition, how global energy markets may evolve over the next thirty years and the key uncertainties that may shape them. Looking out to 2050, the Outlook is focused around three main scenarios. In the main scenarios, it considers, global energy […] Read more
American Land Agency Lagging Behind in Shift to Renewables: IEEFA Updated On Mon, Sep 14th, 2020 by Saurenergy A new analysis by IEEFA stated that the Bureau of Land Management has lagged in responding to America’s shift to renewables in the national energy economy. The Bureau of Land Management, the single biggest steward of real estate in the US, often finds itself in the crossfire of heated arguments over how best to use […] Read more
Renewables key to Reaching Zero Emissions in Transport & Industry: IRENA Updated On Mon, Sep 14th, 2020 by Saurenergy Only seven industry and transport sectors will account for 38 percent of all CO2 emissions globally in 2050 unless there are significant changes in current approaches. Concerted action beyond planned policies can turn the page within the remaining 40 years and achieve zero emissions in heavy industry and transport by around 2060, a key requirement to […] Read more
Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake Updated On Fri, Sep 11th, 2020 by Saurenergy Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […] Read more
Petronas Expands India Bet With 100 MW ACME Buy Through Amplus Updated On Fri, Sep 11th, 2020 by Saurenergy Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […] Read more
EVs Deployed by EESL Have so far Mitigated 5604 Tonnes of CO2 Emissions Updated On Thu, Sep 10th, 2020 by Saurenergy EESL has already deployed 1514 EVs on road to date, which have aided in the reduction of 5604 tonnes of CO2 emissions so far. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Ministry of Power, is combating the air pollution in the nation by driving India’s e-mobility transition. In continuation of […] Read more
COVID-19 Will Permanently Reduce Global Energy Demand: DNV GL Updated On Wed, Sep 9th, 2020 by Saurenergy According to a new report, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. According to the recently published Energy Transition Outlook by DNV GL, the behavioral and economic ramifications of COVID-19 will permanently reduce global energy demand. The report finds that compared to the pre-pandemic forecast, energy demand will be […] Read more
Decarbonising Of Grids To Accelerate Due To Dropping Storage Costs Updated On Wed, Sep 9th, 2020 by Saurenergy Participants at one of the four technical sessions of the International Solar Alliance’s First World Solar Technology Summit held in India ventured into a key area- Decarbonising of Grids. An issue at the heart of the key challenge facing renewable energy, particularly, solar power. Grid Stability and adaptability. A key takeaway was that global regulators […] Read more