RE Employment Rose 700,000 in 2021; Nears 13 million: Report by IRENA & ILO Updated On Fri, Sep 23rd, 2022 by Saurenergy According to a new report published by the International Renewable Energy Agency (IRENA) and International Labour Organization (ILO), worldwide employment in the renewable energy sector reached 12.7 million in 2021, representing a jump of 700,000 new jobs in just 12 months. The report named ‘Renewable Energy and Jobs: Annual Review 2022,’ identifies domestic market size […] Read more
REC Limited Faces Higher Expectations With Maharatna Status Updated On Thu, Sep 22nd, 2022 by Saurenergy REC Limited was accorded the status of Maharatna Central Public Sector Enterprise on Wednesday, September 21, giving REC greater operational and financial autonomy. With this, REC joins the previous 11 PSU firms in the elite list as the 12th member. An order to this effect was issued today by the Department of Public Enterprises, under […] Read more
KREDL Floats Tender for Acrylic Miniature Model of 2.05 GW Pavagada Solar Park Updated On Thu, Sep 22nd, 2022 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has invited online bids for the construction of a scale model (acrylic miniature model) of the 2050 MW (2.05 GW) Pavagada Solar Park in the new building complex in Nagarabhavi, Bengaluru. This model will be used to educate and inform participants in training and internship programs for skill development […] Read more
Vestas Partners with LM Wind Power for V172-7.2 MW Wind Turbine Blades Updated On Thu, Sep 22nd, 2022 by Saurenergy Danish manufacturer, seller, installer, and servicer of wind turbines, Vestas has announced that it has signed an agreement with LM Wind Power – a leading manufacturer of wind turbine blades in Denmark – to develop the wind energy supply chain and scale renewables efficiently for the global energy transition. Within the agreement includes designing and […] Read more
Amazon Scales Up Green Ambitions In India, 3 Solar Plants of 420 MW Planned In Rajasthan Updated On Thu, Sep 22nd, 2022 by Saurenergy In a development indicative of the strong shift at corporate level towards green energy, Amazon in India has signed three separate deals for a total of 420 MW for powering its operations in India. Additionally, Amazon has also announced 23 new solar rooftop plants across its fulfillment centres in India, which will account for an […] Read more
Cabinet Approves Second Tranche of PLI Scheme For Solar Module Manufacturing Updated On Wed, Sep 21st, 2022 by Saurenergy The second tranche / phase of the Production Linked Incentive (PLI) scheme for the advancement of solar PV modules, with an outlay of Rs 19,500 crore, was approved by the Union Cabinet on September 21. In a press conference held after the Cabinet meeting, Union Minister Anurag Thakur stated that the PLI for the “National […] Read more
USA’s P&G Collaborates with ENGIE for New Texas’ RE Project Updated On Wed, Sep 21st, 2022 by Saurenergy USA’s FMCG Company, P&G (Procter and Gamble) and utility services provider company ENGIE North America have recently announced the collaboration for a 200 MW power purchase deal from ENGIE’s Sun Valley Solar project. What the Collaboration Offers According to the document, the Sun Valley project, which is located 65 miles southwest of Dallas in Hill […] Read more
Vianode Invests NOK 2 Billion in Battery Materials Plant in Norway Updated On Wed, Sep 21st, 2022 by Saurenergy Active anode materials manufacturer in Vianode has announced that it will invest around NOK 2 billion in its first industrial-scale plant for sustainable battery materials at Herøya in Norway. Vianode is a company owned by the three firms, namely, Elkem, Hydro and Altor. Vianode said that the investment will create new industrial jobs and provide […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more