ISA Assembly Concludes With Trillion Dollar Pledge For 2030 Updated On Fri, Oct 22nd, 2021 by Saurenergy The fourth General assembly of the International Solar Alliance (ISA) concluded on October 21 with a pledge to achieve the 1 trillion dollar funding target for creating new solar capacity by 2030. Presided by Union Power and New and Renewable Energy Minister R.K. Singh, who is also the President of the General assembly, the funding […] Read more
Rio Tinto to Spend $7.5 B to Cut Carbon Emissions by 50% by 2030 Updated On Thu, Oct 21st, 2021 by Saurenergy Rio Tinto, an Anglo-Australian multinational and the world’s second-largest metals and mining corporation, plans to spend $7.5 billion in direct capital expenditure to decarbonise its assets from 2022 to 2030, aiming to reduce carbon emissions by 50% by 2030. The mining giant has outlined a long-term strategy for the decarbonisation of some of its operations in […] Read more
John Kerry Gives a Huge Solar Endorsement at ISA Assembly Keynote Updated On Thu, Oct 21st, 2021 by Saurenergy At the International Solar Alliance’s (ISA) fourth general assembly, John Kerry, U.S. Special Presidential Envoy for Climate and 68th U.S. Secretary of State, delivered the keynote address. In his address, Kerry highlighted the opportunities in the solar sector towards climate action and India as an investment destination for solar power. 106 countries are participating in […] Read more
Adani Boosts RE Association With Gallery At London Science Museum Updated On Wed, Oct 20th, 2021 by Saurenergy The prestigious Science Museum in London has announced a landmark new gallery on Tuesday, which will examine how the world can undergo the fastest energy transition in history to curb climate change, with a subsidiary of the Adani Group being the title sponsor. Energy Revolution: The Adani Green Energy Gallery is supported with title funding […] Read more
Iberdrola to Invest £6 B in UK Offshore Wind Complex Updated On Wed, Oct 20th, 2021 by Saurenergy Spanish electric utility Iberdrola, through its subsidiary Scottish Power, plans to invest £6 billion in developing an offshore wind complex – East Anglia Hub – in the UK, the company’s biggest investment anywhere in the world and one of the largest offshore wind projects worldwide. Iberdrola’s chairman, Ignacio Galán, announced this undertaking at the Global […] Read more
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
Fotowatio Sells 49% In Australia Arm To OMERS Infrastructure Updated On Mon, Oct 18th, 2021 by Saurenergy Fotowatio Renewable Ventures (FRV), a leading Spanish developer of utility-scale renewable energy projects and part of Abdul Latif Jameel Energy, have today announced the sale of a 49% interest in FRV Australia Group to OMERS Infrastructure (the “Transaction”). Under the terms of the Transaction, OMERS Infrastructure will acquire a 49% interest in FRV’s Australian renewable energy platform, […] Read more
ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] 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
