Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more
Adani Greens Kamuthi Project Turns Water Positive, Signals The Future for Large Projects Updated On Fri, Mar 12th, 2021 by Saurenergy The announcement of the groups most prestigious and early large project turning water positive will set a benchmark for almost all future projects to follow Adani Green Energy’s 648 megawatt Kamuthi Solar plant in Tamil Nadu, has been declared the first of its scale to be water positive. The announcement is a welcome step by […] Read more
GE Renewable, Goldwind Relegate Vestas To Third Place in Wind Rankings Updated On Fri, Mar 12th, 2021 by Saurenergy A new ranking of Wind turbine manufacturers for 2020 from Bloomberg New Energy Finance (BNEF) has turned up a shake up at the top. GE Renewable Energy and Xinjiang Goldwind Science & Technology Co Ltd have moved up to take the first two spots, pushing the erstwhile Danish leader Vestas Wind Systems A/S to third […] Read more
Orange Signs 20-Year Corporate Renewable PPA With Total in France Updated On Thu, Mar 11th, 2021 by Saurenergy Orange signed a Corporate Power Purchase Agreement (CPPA)1 with Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through its subsidiary Total Quadran – one of the leaders in renewable energies in France. Total will supply Orange with 100 GWh a year of renewable electricity over a period of 20 years. This agreement will thus enable the development, by 2024, of […] Read more
Siemens Gamesa to Supply New Zealand’s 2nd Largest Wind Farm Updated On Thu, Mar 11th, 2021 by Saurenergy Siemens Gamesa will supply 41 of its wind turbines for New Zealand’s second largest wind farm to Meridian Energy, strengthening its leading position in the country’s wind energy market. Following its expected commissioning in 2023, the 176 MW Harapaki wind farm will generate sufficient renewable energy to power over 70,000 local average households and support […] Read more
Renewables Can Lower Energy Costs and Boost Energy Security in Antigua and Barbuda Updated On Thu, Mar 11th, 2021 by Saurenergy IRENA report shows renewable generation, green hydrogen and EVs are the most cost-effective energy strategy for the Caribbean island Antigua and Barbuda can significantly reduce its dependence on imported fossil fuels while driving down electricity costs for citizens, by meeting its energy needs exclusively through indigenous renewable energy resources, green hydrogen and full electric vehicle […] Read more
Renewables not Coal & Gas Should be Focus of Vietnam’s Latest PDP: IEEFA Updated On Thu, Mar 11th, 2021 by Saurenergy Vietnam’s draft PDP8 has failed to acknowledge the need of developing a more flexible system that can accommodate a changing technology mix Vietnam’s recently published draft power development plan for 2021-2030 (PDP8) has failed to acknowledge the importance of developing a more flexible system that can accommodate a changing technology mix, according to a new report from […] Read more
PG&E Surpasses California’s 2020 Renewable Energy Goal Updated On Wed, Mar 10th, 2021 by Saurenergy Pacific Gas and Electric Company (PG&E) exceeded California’s Renewables Portfolio Standard (RPS) goal requiring energy providers to deliver 33% renewable energy by the end of 2020. PG&E estimates that it delivered over 35% from specified eligible-renewable resources to its customers last year, according to its recent Form 10-K. Overall, more than 88% of the electricity PG&E […] Read more
Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra Updated On Wed, Mar 10th, 2021 by Saurenergy Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […] Read more