Lithium Ion To Stay Numero Uno Option for Storage, Say Researchers Updated On Wed, May 13th, 2020 by Saurenergy A recent three day meeting between researchers from Germany and Israel has concluded that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […] Read more
Ameresco Partners with New Hampshire on Energy Savings Performance Contract Updated On Tue, May 12th, 2020 by Saurenergy Ameresco is partnering with the State of New Hampshire for undertaking energy conservation measures at over 20 state facilities Ameresco, a leading energy efficiency and renewable energy company, has announced that it is partnering with the State of New Hampshire on an energy savings performance contract (ESPC) that will allow for energy conservation measures at […] Read more
ARENA to Support BP Study to Scale Renewable Hydrogen in Australia Updated On Mon, May 11th, 2020 by Saurenergy ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […] Read more
Renewables Topped Coal in US Generation Every day in April: IEEFA Updated On Tue, May 5th, 2020 by Saurenergy New data from the US EIA shows that for the very first time in its history, renewables generated more electricity than coal every day in the month of April. New data from the US Energy Information Administration (EIA) shows that for the very first time in its history, renewables generated more electricity than coal every […] Read more
Plummeting Energy Demand to Result in Record Decline in Carbon Emissions: IEA Updated On Fri, May 1st, 2020 by Saurenergy The COVID-19 pandemic represents the biggest shock to the global energy system with a 6 percent drop in global power demand predicted for this year. A new report has highlighted that the COVID-19 pandemic represents the biggest shock to the global energy system in more than seven decades, with the drop in demand this year […] Read more
Ørsted and Nestlé Sign15-Year Offshore Wind PPA Updated On Tue, Apr 28th, 2020 by Saurenergy Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm. Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […] Read more
NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
C-PACE Financing Firm Greenworks Raises $150 Mn Committed Capital Updated On Mon, Apr 20th, 2020 by Saurenergy Greenworks Lending, one of the largest providers of C-PACE financing in the US, has announced that it has raised USD 150 million in committed capital Greenworks Lending, one of the largest providers of Commercial Property Assessed Clean Energy (C-PACE) financing in the US, has announced that it has raised USD 150 million in committed capital from Nuveen, the investment […] Read more
Europe saw EUR 19 bn of new Wind Farm Investments Confirmed in 2019 Updated On Thu, Apr 16th, 2020 by Saurenergy Europe saw EUR 19 billion of new wind farm investments confirmed in 2019, off which EUR 13 billion went towards onshore wind energy projects. According to a new report, Europe saw EUR 19 billion of new wind farm investments confirmed in 2019. A further EUR 33 billion was invested in the refinancing of wind farms, […] Read more
