‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’ Updated On Thu, May 7th, 2020 by Saurenergy Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […] Read more
Ideanomics’ MEG Finalises EV and Energy Business Units Updated On Thu, May 7th, 2020 by Saurenergy Ideanomics, Mobile Energy Global (MEG) division has announced that it has finalised its EV and Energy business units under the S2F2C model. Ideanomics, Mobile Energy Global (MEG) division has announced that it has finalised its EV and Energy business units under the S2F2C (Sales-to-Financing-to-Charging) model. Each business unit has been developed to focus on a […] Read more
IRENA, ESCAP Ramp Up Efforts to Improve Clean Energy Accessibility in APAC Region amid Covid-19 Updated On Wed, May 6th, 2020 by Saurenergy This is significant as the Asia-Pacific region is home to almost half of the world’s population, and is largely dependent on fossil fuels. With an aim to jointly work towards improving access to sustainable energy across the Asia-Pacific region, Abu Dhabi-headquartered International Renewable Energy Agency (IRENA) and the United Nations Economic and Social Commission for […] Read more
SCE Signs 7 Contracts for 770 MW of Battery Energy Storage Capacity Updated On Mon, May 4th, 2020 by Saurenergy SCE has signed seven contracts totaling 770 MW of battery-based energy storage resources to help enhance California’s electric system reliability needs. Southern California Edison (SCE) has announced that it has signed seven contracts totaling 770 megawatts (MW) of battery-based energy storage resources to help enhance the region’s electric system reliability needs. The recently conducted solicitation […] Read more
Tokyo Olympic Games 2020 Targets 100% Renewable Energy Updated On Fri, May 1st, 2020 by Saurenergy The Tokyo Olympic Games for 2020 will be powered 100 percent by renewable energy, as revealed by the Sustainability Pre-Games Report. As per the report, the Tokyo Organising Committee of the Olympic and Paralympic Games (Tokyo 2020) is planning to deliver sustainable Tokyo 2020 games including the promotion of the use of 100 percent renewable energy at Olympic […] Read more
Making Clean Energy a key Part of Global Economic Recovery: IEA Roundtable Updated On Mon, Apr 27th, 2020 by Saurenergy IEA and the Government of Denmark recently hosted a meeting to discuss the importance of making clean energy a key part of the global economic recovery The International Energy Agency (IEA) and the Government of Denmark recently hosted a high-level roundtable meeting in which government ministers and business leaders from around the world discussed the […] Read more
France Aiming for 1/3rd Renewable Energy Mix by 2030 Updated On Mon, Apr 27th, 2020 by Saurenergy France has recently submitted its final 2030 NECP to the EC, with an aim for 1/3rd renewable energy in its energy mix by 2030. France has recently submitted its final 2030 National Energy and Climate Plan (NECP) to the European Commission. The country will aim for 33 percent or 1/3rd renewable energy in its energy […] Read more
DSM Signs Largest Renewable Energy PPAs with EDPR, Origis Energy Updated On Thu, Apr 23rd, 2020 by Saurenergy Dutch multinational active in nutrition, health and sustainable living, Royal DSM has inked its largest renewable energy (RE) Power Purchase Agreements (PPAs) to date with EDPR and Origis Energy in Europe and USA respectively. With the signing of the PPA with EDPR, the company will source renewable power from 1 wind energy and 2 solar […] Read more
The Woodmac Weekly Update on Renewable Energy Worldwide Updated On Tue, Apr 21st, 2020 by Saurenergy In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […] Read more
