Facebook Attained Net Zero Goal, 100% RE for Global Operations in 2020 Updated On Tue, Jun 22nd, 2021 by Saurenergy California-headquartered social media giant Facebook yesterday released its 2020 Sustainability Report, claiming that the company had met its goals of reaching net zero emissions and 100% renewable energy for its global operations. “We also reduced our greenhouse gas emissions by 94% from 2017 levels, exceeding our goal of a 75% reduction”, said the social media […] Read more
Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment Updated On Mon, Jun 21st, 2021 by Saurenergy Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE). The Rockefeller Foundation is focused […] Read more
2-Day Virtual Summit on Green H2 among BRICS Nations Starts Tomorrow Updated On Mon, Jun 21st, 2021 by Saurenergy Starting tomorrow, India is organising a two-day virtual summit (June 22, 2021 to June 23, 2021) on green hydrogen initiatives involving the BRICS (Brazil, Russia, India, China, and South Africa) nations. The event will be anchored by India’s largest power producer and one of the global energy majors, NTPC Ltd., a CPSU under Ministry of […] Read more
Siemens Gamesa to Deliver 79 Typhoon-proof Turbines to Japan’s Wind Cluster Updated On Fri, Jun 18th, 2021 by Saurenergy One of the leading wind turbines and services providers, Siemens Gamesa has announced that it will deliver 79 of its industry-leading Typhoon-class onshore wind turbines for Japan’s largest 339.7 MW wind farm cluster of four wind projects. The Dohoku wind farm cluster, located in the Hokkaido island of north Japan, is the largest of its […] Read more
Experts Find Lower Costs, Cheap Credit To Be Decisive For Energy Future Updated On Fri, Jun 18th, 2021 by Saurenergy What does the energy landscape look like in the post-Covid era? Ajay Mathur, Director, International Solar Alliance, believes that as we look to the future, two-three key changes emerge: One, post the pandemic, energy equipment buyers are considering the operating costs of energy with greater emphasis, largely because of the greater availability of credit, which […] Read more
Solar Powered Irrigation Would Accelerate India’s Energy Transition: IEEFA Updated On Mon, Jun 14th, 2021 by Saurenergy In a new report, the Institute for Energy Economics and Financial Analysis (IEEFA) says that solar pumps help to expand distributed solar generation while catering to agriculture’s vast power demand. And in India, Solar-powered irrigation can help achieve its Energy Transition as the country is already lagging far behind its near-term target of 40GW of […] Read more
Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report Updated On Mon, Jun 14th, 2021 by Saurenergy The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD), examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […] Read more
Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA Updated On Fri, Jun 11th, 2021 by Saurenergy The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […] Read more
Clean Energy Investment in Developing Economies a Global Priority: IEA Updated On Thu, Jun 10th, 2021 by Saurenergy New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […] Read more
