US startup raises $4.2 M to make affordable Green H2 for heavy industry Updated On Fri, Apr 29th, 2022 by Saurenergy Advanced Ionics, a US-based provider of next-generation industrial electrolyzers that can produce green h2 for less than $1/kg, has announced the closing of its initial financing of $4.2 million led by Clean Energy Ventures, a venture capital firm funding early-stage climate tech innovations, with participation from SWAN Impact Network. “By requiring significantly less electricity than […] Read more
LONGi Creates Solar Industry’s First Tailor Made Metro Train on World Earth Day Updated On Tue, Apr 26th, 2022 by Saurenergy LONGi Green Energy Technology has created solar industry’s first tailor-made metro train in Xi’an, capital of northwest China’s Shaanxi Province. LONGi’s headquarters are also situated here. The LONGi sponsored concept was developed to mark World Earth Day. The specific day was established 53 years ago with the objective of raising global awareness of the importance […] Read more
Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief Updated On Tue, Apr 12th, 2022 by Saurenergy Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […] Read more
‘Now or never’ to avoid climate catastrophe, warns UN Panel Updated On Tue, Apr 5th, 2022 by Saurenergy UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […] Read more
The $12 Billion dollar Question. When Promoter, Group And Subsidiary All Go For a Cleanup Updated On Fri, Apr 1st, 2022 by Saurenergy Cleanups don’t go deeper than this. The Anil Agarwal owned $12 billion Vedanta Group, a mining major that has had its share of confrontations with environmentalists worldwide, has embarked on a major green push. It’s a push accompanied by similar moves at Subsidiary Hindustan Zinc limited. And not just that, all this comes even as […] 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
Half of Coal Mines in Turkey Could Power 7 Million Household With Solar Power Updated On Fri, Mar 25th, 2022 by Saurenergy A new report ‘Solar Potential of Coal Sites in Turkey’ by campaign group – Europe Beyond Coal – has revealed that more than half of the coal mines of Turkey are suitable for conversion into solar power farms. The coal mines, most of which are open cast mines and the improvement in solar technologies and […] Read more
