Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative Updated On Thu, Jul 23rd, 2020 by Saurenergy Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […] Read more
Mukesh Ambani Signals A Clean Energy Shift at RIL AGM Updated On Thu, Jul 16th, 2020 by Saurenergy At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […] Read more
ADB, IEA Renew Collaborative Agreement on Energy Sector Sustainability Updated On Fri, Jul 10th, 2020 by Saurenergy ADB has renewed an MOU with IEA to scale up collaboration and advance progress on sustainability with an increased focus on energy sector resilience in APAC The Asian Development Bank (ADB) has announced that it has renewed a memorandum of understanding (MOU) with the International Energy Agency (IEA) to scale up collaboration and advance progress […] Read more
How India has Become the World’s Largest Clean Energy Auction Market: BNEF Updated On Fri, Jun 26th, 2020 by Saurenergy BNEF has released a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market Bloomberg Philanthropies and BloombergNEF (BNEF) released “India’s Clean Power Revolution,” a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market – and a model […] Read more
With Phased Duties on Solar Imports, Government Hopes for Orderly Transition Updated On Thu, Jun 25th, 2020 by Saurenergy At his press conference today, Power Minister R.K. Singh confirmed that duties, possibly starting at 25 percent, will be imposed on module imports from August 1. He wasn’t absolutely certain on duties for cell imports, but indicated they would be treated at a lower rate, possibly 15 percent. It is also not clear if customs […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more
Biggest Fall in Global Energy Investments in History due to COVID-19: IEA Updated On Wed, May 27th, 2020 by Saurenergy The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […] Read more
COVID-19: 155 Global Corporations Jointly Urge World Leaders for Net-Zero Recovery Updated On Wed, May 20th, 2020 by Saurenergy In the largest-ever UN-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero-carbon economy and call on governments to match their ambition. The 155 global corporations, with a combined market capitalization of more than USD 2.4 trillion and representing more than 5 million employees, have signed a statement urging governments […] Read more
The Renewable Energy Transition is Finally Coming to Asia: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Despite the current economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia Despite the current global economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia according to the latest study by […] Read more