Improving Economic Opportunities in Cities can Build Sustainable Futures: ADB Updated On Wed, May 5th, 2021 by Saurenergy A new book released by the Asian Development Bank (ADB) has stated that improving the quality of life, and social and economic opportunities in Asia’s fast-growing cities are instrumental in fulfilling their potential as engines of economic prosperity and hubs for sustainability. ‘Creating Livable Asian Cities’ examines the region’s urbanization challenges and presents solutions across […] Read more
PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA Updated On Tue, May 4th, 2021 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
3.3 Million new Jobs in Wind Energy Sector by 2025: GWEC Updated On Fri, Apr 30th, 2021 by Saurenergy A new analysis by GWEC has detailed that 3.3 million new wind power jobs can be created globally over the next five years. A new analysis by the Global Wind Energy Council (GWEC) has detailed that 3.3 million new wind power jobs can be created globally over the next five years thanks to major industry […] Read more
Clean Hydrogen Production Costs to be Brought Well Below USD 2/kg by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy In its parallel report, the ETC states that the production costs for clean hydrogen can be brought well below USD 2/kg by 2030. In its parallel report Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy, the ETC sets out the complementary role for clean hydrogen and how a combination of private-sector […] Read more
Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […] Read more
ISGF Paper Proposes new Revenue Opportunites For Electric Utilites Updated On Sat, Apr 17th, 2021 by Saurenergy A new white paper entitled New Revenue Opportunities for Utilities, which highlights various opportunities for revenue generation for utilities through digitalising the power sector and unlocking existing infrastructure and services, has been published by India Smart Grid Forum- a public private partnership initiative of Ministry of Power for accelerated development of smart grid technologies in the […] Read more
Global Grid Battery Storage Capacity will Likely Reach 134.6 GW by 2030: F&S Updated On Fri, Apr 16th, 2021 by Saurenergy As more nations commit to renewable energy, F&S predicts the global grid battery storage capacity to likely reach 134.6 GW by 2030. Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fuelling the market. As more nations […] Read more
At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market Updated On Thu, Apr 15th, 2021 by Saurenergy According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […] Read more
