Israel’s Big Move- Mandatory Rooftop Solar Panels Updated On Wed, Jun 21st, 2023 by Saurenergy With a lot of sun-hours, yet too little space, Israel faces an obvious challenge to build large utility scale solar. To support the growing population and at the same time meet its goal of using a 30 per cent renewable share in total electricity capacity by 2030, Israel will soon require all new non-residential buildings […] Read more
SIDS to Strive for New Goal of 10 GW Renewable Energy Installed Capacity by 2030 Updated On Wed, May 31st, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has released its report entitled, ‘SIDS Lighthouses Initiative: Progress and way forward’. The report places an emphasis on the urgency to deal with the impact of climate change on Small Island Developing States (SIDS). At the 27th meeting of the United Nations Climate Change Conference of Parties (COP27), held […] Read more
Five Major Challenges India Can Face in Lithium Mining Updated On Tue, May 9th, 2023 by Saurenergy In the latest development, the Geological Survey of India (GSI) indicated the presence of a large deposit of Lithium in the Degana region of Rajasthan’s Nagaur district. It is the second largest critical mineral discovery after the GSI discovered another significant source in the Reasi district of Jammu and Kashmir in February this year. While […] Read more
ISA Hosts Lecture on Deployment of Renewable Technologies in Developing World Updated On Tue, Mar 21st, 2023 by Saurenergy The International Solar Alliance (ISA) recently hosted a special lecture in New Delhi, which also saw the presence of officials from The Rockefeller Foundation. The theme of the lecture was ‘Tackling the Climate Crisis by Dramatically Expanding Access to Renewable Technologies Across the Developing World’. The Rockefeller Foundation, a philanthropy body built on collaborative partnerships […] Read more
PFC’s Consolidated Profit Climbs 7% at Rs 5241 Cr in Dec Quarter Updated On Tue, Feb 14th, 2023 by Saurenergy State-owned non-banking financial firm Power Finance Corporation (PFC) has reported a 7% increase in its consolidated profit, standing at Rs 5,241.10 crore in December quarter. Higher revenues have contributed to this increase. PFC’s consolidated net profit was pegged at Rs 4,893.91 crore in FY22 October-December quarter. The cumulative income of the firm rose to Rs […] Read more
India Joins Forces with UAE & France for Trilateral on Clean Energy Updated On Mon, Feb 6th, 2023 by Saurenergy Together with France and the United Arab Emirates, India will collaborate on and look at opportunities worth exploring in the Indian Ocean region. In a telephonic exchange held recently, the Foreign Ministers of the said countries expressed an interest in uniting forces in the areas of solar energy, climate change and biodiversity. UAE’s Finance Minister […] Read more
The Top 5: Game-changing Renewable Energy Projects In Southeast Asia Updated On Mon, Feb 6th, 2023 by Saurenergy The countries making up the Association of South East Asian Nations (ASEAN) are the world’s fourth-largest energy consumer as a group. Its actions in the renewable realm are vitally important if the world wants to achieve carbon neutrality by 2050 – the Paris agreement target. The countries in the region are exploring renewable technology to […] Read more
Cleanmax To Add 33.8 MW of RE Projects With Support From Meta Updated On Wed, Dec 14th, 2022 by Saurenergy To invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has teamed up with Meta, the world’s largest internet corporation that owns facebook, Instagram and Whatsapp, among other properties. The projects will feature 21.6 MW of wind and 12.2 MW of solar power systems. The previous year, […] Read more
KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
