Transition to 100% RE by 2050 ‘Cost-Effective’: EWG Study Updated On Mon, Apr 15th, 2019 by Saurenergy A new study by the Energy Watch Group and LUT University is the first of its kind to outline a 1.5°C scenario with a cost-effective, cross-sectoral, technology-rich global 100% renewable energy system that does not build on negative CO2 emission technologies. In what should be good news for skeptics worried about the cost of transitioning […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
Japan’s JERA To Grow Renewable Energy Investment to 5 GW by 2025 Updated On Wed, Apr 3rd, 2019 by Saurenergy The world’s biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japan’s major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural […] Read more
Battery Management System Market Is Projected To Reach $11.17 Billion By 2025: Report Updated On Tue, Apr 2nd, 2019 by Saurenergy According to a report published by Grand View Research, The growing penetration of UPS solution in businesses to counter data loss is expected to spur the demand for Battery Management System Market. Lithium-ion batteries are used in applications requiring high-energy density solutions. According to a report, “Battery Management System Market Analysis By Battery Type […] Read more
China’s Target of 20% Renewables by 2030, Considerably Harder Updated On Fri, Mar 29th, 2019 by Saurenergy Tripling the share of non-fossil fuels will require a major overhaul of China’s recalcitrant power sector and the full deployment of a fledgling emissions trading system, they said in the journal Nature Communications. China can easily meet its Paris climate pledge to peak its greenhouse gas emissions by 2030, but sourcing 20 percent of its energy […] Read more
Renewable Energy Buyers Alliance Launched with 60 GW Corporate Renewables Target by 2025 Updated On Fri, Mar 29th, 2019 by Saurenergy By working to unlock the marketplace for organizations to buy renewable energy, REBA hopes to bring more than 60 gigawatts of new renewables online in the United States by 2025. Google, Facebook, General Motors and Walmart, along with over 300 other companies, launched the Renewable Energy Buyers Alliance (REBA), the largest group of corporate renewable energy buyers in the […] Read more
Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion Updated On Wed, Mar 27th, 2019 by Saurenergy According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […] Read more
Viz-A-Viz with Venkatesh Dwivedi, Director (Projects), Energy Efficiency Services Limited Updated On Mon, Mar 25th, 2019 by Saurenergy EESL Working Towards Removing Various Hurdles to Facilitate E-Mobility Growth EESL has been working towards removing various hurdles to facilitate the growth of electric mobility in the country. With our approach of demand aggregation and bulk procurement, we have been able to contribute to addressing significant challenges like low demand, the high upfront cost of […] Read more
ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
