Renewable Investments In Africa Need To Grow 5 Times: Report Updated On Tue, Feb 13th, 2024 by Saurenergy A new report by think tank Climate Analytics finds $8 trillion of investment is needed for new renewables and $4 trillion for grid and storage infrastructure to deliver the 2030 tripling goal agreed at COP28 – or combined, $2 trillion a year on average. Using climate finance to mobilise $100 billion a year for the […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
The Rise of Community Solar Initiatives Brightening Sustainable Future Updated On Fri, Dec 29th, 2023 by Saurenergy Swati Singh, Product Marketing Manager of Oorjan Cleantech Dayanita was born in the rural agrarian and fishing community of Hill Kaka, a remote hamlet in Poonch district, that’s almost cut off from the rest of India. At 19, she has never seen a light bulb lit up in her home. The rocky terrain, coupled with […] Read more
Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA Updated On Wed, Dec 6th, 2023 by Saurenergy The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […] Read more
Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022 Updated On Wed, Oct 4th, 2023 by Saurenergy Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […] Read more
Employment in Renewables Rose to 13.7 Mn in 2022, Solar Largest Employer: ILO Updated On Fri, Sep 29th, 2023 by Saurenergy The ILO, in a joint initiative with the the International Renewable Energy Agency (IRENA) has released the tenth edition of Renewable Energy and Jobs: Annual Review 2023. The report explores the connection between renewable energy which is attracting increasing investment, and leading to job creation among countries. Surge in Employment in Renewable Energy The report […] Read more
Lohum Stakes Claim To Be First Outside China to Extract Pure Metallic Lithium Updated On Fri, Sep 29th, 2023 by Saurenergy LOHUM, a producer of sustainable energy transition and battery materials has announced the recovery of pure Lithium metal, through recycling. This is amongst the slew of initiatives by the firm comprising new closed-loop ecosystem achievements. LOHUM, through its integrated recycling, repurposing, and refining system claims to have become among the first five companies to globally […] Read more
G20 Countries Should Strengthen Mainstreaming Of DRE: CEEW Updated On Fri, Jul 21st, 2023 by Saurenergy A recent report released by the Council on Energy, Environment and Water (CEEW) exhorted the G20 countries to take steps towards mainstreaming distributed renewable energy (DRE). The report was released on the sidelines of the 14th Clean Ministerial (CEM) in Goa. The report identified and collated the emerging good practices to mainstream DRE solutions. The […] Read more
Avaada Group in MoU with REC for INR 20,000 Funding Updated On Thu, Jul 20th, 2023 by Saurenergy On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […] Read more
