Europe Goes All-in on Hydrogen for the Transport Economy: Rethink Updated On Tue, Sep 29th, 2020 by Saurenergy Europe has a clear and credible plan to become the center of the global hydrogen industry as its governments collectively finance the work needed to become the world’s first hydrogen economy. The end result will be 17 million fuel cell powered vehicles across Europe by 2040 – from under a thousand at present. COVID-19 recovery […] Read more
NTPC Gets Shareholders’ Nod to Raise Rs 15000 Cr via Bonds Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. NTPC Ltd has announced that it has got the shareholders’ approval to raise up to Rs 15,000 crore through the issuance of bonds. The funds are proposed to be raised on a […] Read more
NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
Old King Coal is Dead – Long Live The King Updated On Sat, Sep 26th, 2020 by Saurenergy Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […] Read more
Do Tesla’s Battery Day Announcements Signal Massive Acceleration for EV’s? Updated On Fri, Sep 25th, 2020 by Saurenergy On September 23, as Founder and CEO Elon Musk made a slew of announcements regarding the future prices of its models, fresh new battery technology, and even new manufacturing breakthroughs, he signaled a massive change for the EV category, yet again. Should he be taken at face value, or is this yet another way to […] Read more
Metlife Plans to cut Emissions and Originate $20 Bn in Green Investments by 2030 Updated On Thu, Sep 24th, 2020 by Saurenergy Metlife has committed to reduce its GHG emissions by 30 percent from 2019 levels and originate USD 20 billion in new green investments by 2030 Metlife, one of the world’s leading financial services companies, has announced that it has committed to reduce its location-based greenhouse gas (GHG) emissions by 30 percent from 2019 levels over […] Read more
Geospatial Tool Launched to Aid in Faster Deployment of RE Projects Updated On Thu, Sep 24th, 2020 by Saurenergy The India chapter of non-profit Nature Conservancy has launched a geospatial tool for helping make better choices in selecting land for siting RE projects The India chapter of science-based non-profit Nature Conservancy has launched a geospatial tool for helping decision-makers, investors, and financiers to make better choices in selecting land for siting renewable energy (RE) projects like solar and […] Read more
PepsiCo Announces Target for 100% Renewable Electricity by 2030 Updated On Tue, Sep 22nd, 2020 by Saurenergy PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […] Read more