Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
Amazon Announces New Investments in RE in US, Canada, Europe Updated On Thu, Apr 22nd, 2021 by Saurenergy Retail giant Amazon announced this week that it was investing in nine new utility-scale wind and solar energy projects in the US, Canada and Europe, thereby becoming the largest corporate buyer of renewable energy in Europe. The company said that with these 9 new projects, it now has 206 renewable energy projects worldwide that can generate 8.5 […] Read more
Sasol & Toyota to Build Hydrogen Mobility Corridor in South Africa Updated On Mon, Apr 19th, 2021 by Saurenergy At the ‘2nd Renewable Hydrogen and Green Powerfuels Webinar for South Africa’ organised recently, Sasol and Toyota South Africa Motors (TSAM) announced that they have teamed up to build a hydrogen mobility corridor on a key South African freight route. The project will not only help South African fuel giant Sasol in reducing its own […] Read more
IKEA Canada Partners With Second Closet and Lion Electric for Last Mile Delivery Updated On Sat, Apr 17th, 2021 by Saurenergy IKEA Canada takes bold step towards 100% zero-emission delivery by 2025 Northern Genesis Acquisition Corp. announces that its proposed business combination partner, The Lion Electric Company (Lion), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that the company has received a purchase order from IKEA Canada’s partner, technology-enabled logistics and last […] Read more
New US Law on Climate Change Seeks Bilateral Cooperation With India Updated On Fri, Apr 16th, 2021 by Saurenergy Ahead of the Leaders’ Summit on Climate at the White House on April 22 and 23, to which Prime Minister Modi has also been invited, 10 US senators have introduced the United States Climate Leadership in International Mitigation, Adaptation, and Technology Enhancement Act of 2021 (U.S. CLIMATE Act). The 212-page legislation aims to integrate climate […] Read more
Three Wheels United Partners With Porter to Help Auto Drivers Shift to EV Updated On Fri, Apr 16th, 2021 by Saurenergy Three Wheels United (TWU), a Bengaluru based tech-enabled financier of light electric vehicles, announced today that it has ventured into the cargo segment through a partnership with Porter, a leading intra-city logistics company based in Delhi. Through this partnership, the firm will facilitate loans for partner drivers of Porter to easily switch from conventional cargo […] Read more
Facebook Ties up With CleanMax for 1st Renewable Energy Project in India Updated On Fri, Apr 16th, 2021 by Saurenergy Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […] Read more
Bangladesh Needs a Renewables Focus, Not a Switch From ‘Coal to Gas’: IEEFA Updated On Fri, Apr 16th, 2021 by Saurenergy Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. […] Read more
India is not Responsible for Climate Change That is Happening: Javadekar Updated On Thu, Apr 15th, 2021 by Saurenergy Prakash Javadekar has said that India will raise its climate ambitions, but it is not responsible for climate change that is happening. Union Minister of Environment, Forest and Climate Change Prakash Javadekar while addressing the press after a meeting with French Foreign Minister Jean-Yves Le Drian at the French Embassy has said that India will raise its climate ambitions but […] Read more