ISA and Bloomberg Philanthropies In Partnership for $1 Trillion Target Updated On Wed, Oct 20th, 2021 by Saurenergy Bloomberg Philanthropies and the International Solar Alliance (ISA) have partnered to mobilise $1 trillion in global investments for solar energy across ISA’s member countries. The two organizations will kick off the partnership by working with World Resources Institute (WRI) to develop a Solar Investment Action Agenda and a Solar Investment Roadmap, which will be launched at COP26 and in […] Read more
SECI Kicks Off Storage Push With EOI For 1 GW Project Updated On Mon, Oct 18th, 2021 by Saurenergy SECI has been given the go ahead for inviting expression of interest for installation of 1000 MWh Battery Energy Storage System (BESS) as a pilot project. This is the joint effort of both Ministry of New and renewable energy and Ministry of Power who have been working on this to provide a road map for […] Read more
US Residential Solar Financier GoodLeap Raises $800m Updated On Mon, Oct 18th, 2021 by Saurenergy GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […] Read more
TotalEnergies, Simply Blue Launch Floating Offshore Wind JV in U.S. Updated On Thu, Oct 14th, 2021 by Saurenergy TotalEnergies, a global multi-energy company, and Simply Blue Group, a floating offshore wind company, have launched a joint venture, TotalEnergies SBE US, to unlock the potential for floating offshore wind projects in the United States. Last month, TotalEnergies said that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due […] Read more
Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’ Updated On Thu, Oct 14th, 2021 by Saurenergy A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […] Read more
Co-Investing and Developing Green Technologies Only Pathway For India To Achieve Net Zero: Report Updated On Wed, Oct 13th, 2021 by Saurenergy India’s net zero goals, where the country has firmly resisted any pressure to provide a deadline, was the focus of a report by the Council on Green Energy and Water (CEEW). The report posits that India’s total installed solar power capacity would need to increase to 5630 gigawatt (GW) if it were to commit to […] Read more
Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä Updated On Mon, Oct 11th, 2021 by Saurenergy Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […] Read more
ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia Updated On Fri, Oct 8th, 2021 by Saurenergy Saudi Arabia’s ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD […] Read more
Aker Unveils Underwater Innovation for Floating Offshore Wind Updated On Fri, Oct 8th, 2021 by Saurenergy Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […] Read more
