JPMorgan Commits $200 Bn to Facilitate UN SDGs and Green Initiatives Updated On Wed, Feb 26th, 2020 by Saurenergy JPMorgan Chase is taking additional steps to address climate change and further promote sustainable development through a USD 200 billion commitment In 2017, JPMorgan Chase made two sustainability commitments: to facilitate USD 200 billion in clean financing by 2025 and source renewable energy for 100 percent of its global power needs by 2020. And that […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Hellenic Petroleum Acquires Solar Projects Worth 204 MW in Greece Updated On Tue, Feb 18th, 2020 by Saurenergy Hellenic Petroleum has announced the acquisition of a portfolio of solar PV projects at the final permitting stage in Northern Greece from juwi. Hellenic Petroleum has announced the acquisition of a portfolio of solar photovoltaic (PV) projects at the final permitting stage, in the area of Kozani, in Northern Greece, from German renewable energy projects […] Read more
Engie Commissions 250 MW Solar Project in Andhra Pradesh Updated On Mon, Feb 17th, 2020 by Saurenergy Engie has announced that it has fully commissioned its 250 MW solar project in Andhra Pradesh, with the remaining 50 MW capacity recently commissioned French electric utility firm Engie has announced that it has fully commissioned its 250 MW solar project in Andhra Pradesh. The 200 MW phase was commissioned ahead of schedule in May […] Read more
Global CO2 Emissions Flatlined in 2019, Thanks to Expanding Role of Renewables Updated On Tue, Feb 11th, 2020 by Saurenergy Despite widespread expectations of another increase, global energy-related carbon dioxide emissions stopped growing in 2019, according to the IEA Despite widespread expectations of another increase, global energy-related carbon dioxide (CO2) emissions stopped growing in 2019, according to new IEA data released recently. After two years of growth, global emissions were unchanged at 33 gigatonnes in 2019 […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
Siemens to Acquire Iberdrola’s Stake in Siemens Gamesa RE for EUR 1.1 Bn Updated On Wed, Feb 5th, 2020 by Saurenergy Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola after the supervisory board approved the purchase Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Spanish utility Iberdrola S.A. At its regular meeting, the Supervisory Board of Siemens AG has approved the […] Read more
Innogy Builds its 1st Battery Storage Facility in Ireland Updated On Mon, Feb 3rd, 2020 by Saurenergy innogy SE has announced that it has taken the final investment decision (FID) for a large-scale battery storage facility in Ireland innogy SE has announced that in advancing its renewables business by moving into battery storage technology in Ireland, it has taken the final investment decision (FID) for a large-scale battery storage facility in the […] Read more
Joule Helping 25,000 New York Households to Save Electricity Costs With RE Updated On Mon, Feb 3rd, 2020 by Saurenergy Joule Community Power has rolled out community choice aggregation programs to more than 25,000 households in seven communities in New York State. Joule Assets, via Joule Community Power, has rolled out community choice aggregation (CCA) programs to more than 25,000 utility account holders in seven communities in the New York State. The six towns that […] Read more