Vedanta Aluminium will source 380 MW green power to achieve Net Zero by 2050 Updated On Wed, May 4th, 2022 by Saurenergy Vedanta Aluminium, one of India’s largest producers of aluminium, has confirmed plans to source 380 MW of green power on a long-term basis for its smelters. Charting its roadmap to Net Zero by 2050, the green power is going to reduce the company’s greenhouse gas emissions by 15,00,000 tonnes CO2 equivalent every year. Released by […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
Samsung Elec to join renewables pledge as S.Korea shifts gears on green energy Updated On Wed, Apr 27th, 2022 by Saurenergy Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100 per cent renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change. Samsung, the world’s biggest chipmaker, is late to the green power pledge: It’s […] Read more
Pilot Scheme for Hourly Renewable Energy Certificates in UK Seeks To Empower Consumers Updated On Thu, Apr 21st, 2022 by Saurenergy Plans proposed by energy suppliers working with a Startup called Granular could mark a sea change in making consumers aware of their power sources, and more importantly, benefit from discounts from there is a surplus of renewable power. A consortium of leading energy organisations led by hourly certificate focused start-up Granular and including European power […] Read more
Clean energy spending has jumped 50% to record levels since Oct end: IEA Updated On Tue, Apr 12th, 2022 by Saurenergy Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […] Read more
India will need $12.4 trillion to meet long term net zero goals: Report Updated On Wed, Apr 6th, 2022 by Saurenergy India will require $12.4 trillion to transition to net zero and help the world in its efforts to stave off the worst of climate change, according to a latest study by Standard Chartered. It said that emerging markets, overall, would need an additional $94.8 trillion – a sum higher than annual global GDP – if […] Read more
Risen Energy launches ultra-low-carbon BIPV and HJT products Updated On Tue, Apr 5th, 2022 by Saurenergy Risen Energy, a solar module manufacturer based in China, recently concluded its press conference in Ninghai, Zhejiang province, for the launch of the latest lineup of building-integrated photovoltaic (BIPV) products, which included Super Top, Super Tile, alongside its latest heterojunction (HJT) offering, Hyper-ion. The entire lineup boasts further reduction in carbon use and improved power […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
