Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA Updated On Fri, Jul 24th, 2020 by Saurenergy While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […] Read more
Brookfield Renewable Announces 1200 MW Solar Project in Brazil Updated On Tue, Jul 21st, 2020 by Saurenergy Brookfield Renewable Partners has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil Brookfield Renewable Partners, alongside its institutional partners, has announced that it has entered into a binding agreement to acquire a 1200 MW advanced solar development project in Brazil, which will be targeted for completion in […] Read more
RK Singh Launches First-of-its-Kind EV Charging Plaza in Delhi Updated On Tue, Jul 21st, 2020 by Saurenergy With a focus on enhancing energy efficiency and promoting e-mobility, RK Singh has inaugurated India’s first public EV charging plaza in New Delhi. With a focus on enhancing energy efficiency and promoting e-mobility, Union Minister for Power, New & Renewable Energy, RK Singh on July 20, 2020, inaugurated India’s first public EV (Electric Vehicle) charging […] Read more
IFC, EBRD, and EU to Support First Solar Project in Armenia Updated On Thu, Jul 16th, 2020 by Saurenergy IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […] Read more
Mukesh Ambani Signals A Clean Energy Shift at RIL AGM Updated On Thu, Jul 16th, 2020 by Saurenergy At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […] Read more
COVID-19 Flattens Q1 Wind Additions in Key Markets: Report Updated On Wed, Jul 15th, 2020 by Saurenergy In Q1 2020, the wind sector saw a 19 percent drop in installations against the same period in 2019, mainly due to supply disruptions caused by COVID-19 Support schemes for the wind sector must be extended to prevent a prolonged slowdown in installations, according to a new analysis by Rethink Technology Research. In a quarterly […] Read more
GM to hit 5 Million Electric Vehicle Sales by 2030: WoodMac Updated On Wed, Jul 15th, 2020 by Saurenergy GM is expected to hit 5 million in cumulative electric vehicle sales by 2030 according to new research from Wood Mackenzie. General Motors (GM) has set an annual target for 1 million electric vehicle (EV) sales globally by the mid-2020s. Although the company will only meet half of that target by 2026, it is expected […] Read more
Firms Turning to Renewables to Power Oil & Gas Operations: IHS Markit Updated On Tue, Jul 14th, 2020 by Saurenergy A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. According to new research by IHS Markit, oil and gas companies […] Read more
Buoyed by Offshore Wind, Renewable Investments in 1H 2020 Climb 5%: BNEF Updated On Tue, Jul 14th, 2020 by Saurenergy Renewable investments showed great resilience in the first half of 2020 against the economic slowdown due to the COVID-19, thanks to offshore wind energy. Renewable energy capacity investments showed great resilience in the first half (1H) of 2020, in the face of the unprecedented economic shock caused by the coronavirus pandemic, according to the latest […] Read more
