Bank of America Meets 100% Renewable Electricity Goal a Yr Ahead Updated On Tue, Jan 21st, 2020 by Saurenergy American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying […] Read more
Wärtsilä Inks O&M Pact for 132 MW Bahamian Power Plant Updated On Tue, Jan 21st, 2020 by Saurenergy Wärtsilä entered into a 2-year operation and maintenance (O&M) agreement with the Bahamas Power and Light Company Ltd (BPL), an electricity supplier company in the Bahamas. The agreement was signed for a 132 MW power plant in The Commonwealth of Bahamas, which was supplied and built by Wärtsilä itself. Recently in the month of December […] Read more
PepsiCo Targeting 100% Renewable Electricity in the US Updated On Thu, Jan 16th, 2020 by Saurenergy PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […] Read more
Financial Services Firm Visa Reaches 100% Renewable Electricity Goal Updated On Thu, Jan 16th, 2020 by Saurenergy Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations American financial services corporation, Visa has announced that it has met its goal to use 100 percent renewable electricity by 2020, furthering the company’s commitment to lead responsibly and sustainably […] Read more
IFC Inks Pact with Bangladesh to Spur Solar Power Generation Updated On Tue, Jan 7th, 2020 by Saurenergy With an aim to promote more investment in the renewable energy projects in Bangladesh, the International Finance Corporation (IFC) has entered into an agreement with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh. As per the agreement signed, IFC, a member of the World Bank Group, will support a solar power plant of […] Read more
JA Solar Planning to Invest $947 mn to Build 2 PV Manufacturing Plants Updated On Thu, Jan 2nd, 2020 by Saurenergy JA Solar is planning to invest USD 947.7 million for two new solar PV manufacturing plants in China with a combined annual production capacity of 15 GW. China-based leading manufacturer of high-performance photovoltaic (PV) products, JA Solar has announced that it is planning to invest CNY 6.6 billion (USD 947.7 million) for the establishment of […] Read more
Azelio’s Verification Project in Morocco Delivers First Electricity Updated On Tue, Dec 31st, 2019 by Saurenergy Azelio’s verification project in Morocco has been completed and the first electricity has been produced according to plan. Azelio’s verification project in Morocco has been completed and the first electricity has been produced according to plan: that is, by the end of the year. The verification of Azelio’s solution for the storage and production of […] Read more
Global Power Industry Contracts Slip 9% in Nov Updated On Fri, Dec 27th, 2019 by Saurenergy The global power industry contracts activity saw a decline of 9 percent with 269 contracts announced in the month of November this year, against the last 12-month average of 296 contracts, as per the GlobalData. According to the data and analytics company, Asia-Pacific secured the top position with 91 contracts and 33.8 percent share during […] Read more
Are lower margins making the Indian solar market unattractive? Updated On Thu, Dec 26th, 2019 by Saurenergy In recent years, Indian solar industry saw many ups and downs whether it would be related to implementation of GST, safeguard duty, dues on Discoms, renegotiation of PPAs, policy changes etc. Here’re some views and voices from the industry on the impact of margins due to ongoing developments: Amit Gupta, Director of Legal and Corporate […] Read more
