With Phased Duties on Solar Imports, Government Hopes for Orderly Transition Updated On Thu, Jun 25th, 2020 by Saurenergy At his press conference today, Power Minister R.K. Singh confirmed that duties, possibly starting at 25 percent, will be imposed on module imports from August 1. He wasn’t absolutely certain on duties for cell imports, but indicated they would be treated at a lower rate, possibly 15 percent. It is also not clear if customs […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more
Biggest Fall in Global Energy Investments in History due to COVID-19: IEA Updated On Wed, May 27th, 2020 by Saurenergy The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […] Read more
COVID-19: 155 Global Corporations Jointly Urge World Leaders for Net-Zero Recovery Updated On Wed, May 20th, 2020 by Saurenergy In the largest-ever UN-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero-carbon economy and call on governments to match their ambition. The 155 global corporations, with a combined market capitalization of more than USD 2.4 trillion and representing more than 5 million employees, have signed a statement urging governments […] Read more
The Renewable Energy Transition is Finally Coming to Asia: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Despite the current economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia Despite the current global economic shutdown due to the COVID-19 pandemic, the global renewable energy transition is well underway and it is coming to Asia according to the latest study by […] Read more
Tokyo Olympic Games 2020 Targets 100% Renewable Energy Updated On Fri, May 1st, 2020 by Saurenergy The Tokyo Olympic Games for 2020 will be powered 100 percent by renewable energy, as revealed by the Sustainability Pre-Games Report. As per the report, the Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) is planning to deliver sustainable Tokyo 2020 games including the promotion of the use of 100 percent renewable energy at Olympic […] Read more
France Aiming for 1/3rd Renewable Energy Mix by 2030 Updated On Mon, Apr 27th, 2020 by Saurenergy France has recently submitted its final 2030 NECP to the EC, with an aim for 1/3rd renewable energy in its energy mix by 2030. France has recently submitted its final 2030 National Energy and Climate Plan (NECP) to the European Commission. The country will aim for 33 percent or 1/3rd renewable energy in its energy […] Read more
Renewable Energy can Support Resilient and Equitable Recovery: IRENA Updated On Tue, Apr 21st, 2020 by Saurenergy Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, IRENA has revealed. Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, the first Global Renewables Outlook released by the […] Read more
Behind China’s Energy Transition-Huanghe Hydro’s Solar Shift Updated On Wed, Feb 26th, 2020 by Saurenergy As the energy transition picks pace, traditional energy firms worldwide have struggled to adapt. While the fossil fuel global majors have barely done a little better than actually resisting change, some others have been adapting, quietly. Be it India’s thermal giant NTPC with its plan to add 10 GW renewables generation capacity by 2024, or […] Read more
