Japanese Scientists Use Visible Light to Decompose CO2 With Efficiency Updated On Tue, Jun 22nd, 2021 by Saurenergy Scientists find a way to efficiently use visible light from the sun to break down CO2, open doors to novel means of alleviating global warming To tackle the challenge of global warming, scientists have been looking into green and sustainable methods of breaking down carbon dioxide in emissions and in the atmosphere. Now, a group […] Read more
Sri Lanka To Purchase 75% Equipment from India For India-funded Projects Updated On Mon, Jun 21st, 2021 by Saurenergy Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […] Read more
Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment Updated On Mon, Jun 21st, 2021 by Saurenergy Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE). The Rockefeller Foundation is focused […] Read more
Australia Pulls Back On $36 Billion Renewable and Hydrogen Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Australian government has rejected a huge wind, solar, and hydrogen project worth AUD 36 billion located in the Pilbara region of Western Australia. The renewable project Asian Renewable Energy Hub (AREH) has been called “clearly unacceptable” by Environment Minister Sussan Ley. Sussan Ley declared the decision in a release published on Australia‘s environment department’s […] Read more
Siemens Gamesa to Deliver 79 Typhoon-proof Turbines to Japan’s Wind Cluster Updated On Fri, Jun 18th, 2021 by Saurenergy One of the leading wind turbines and services providers, Siemens Gamesa has announced that it will deliver 79 of its industry-leading Typhoon-class onshore wind turbines for Japan’s largest 339.7 MW wind farm cluster of four wind projects. The Dohoku wind farm cluster, located in the Hokkaido island of north Japan, is the largest of its […] Read more
UNOPS S3i, IFU & ACME Co-invest in 250 MW Solar Park in Rajasthan Updated On Fri, Jun 18th, 2021 by Saurenergy An announcement revealed yesterday that Denmark’s state-owned fund IFU and United Nations Office for Project Services’ S3i have acquired 39% and 10% stake respectively in Acme Solar Holdings Ltd’s 250 MW solar project in Rajasthan. Acme Solar, a leading Solar IPP in India, holds the majority 51% stake in the project, which has a total […] Read more
India Extends $100 Million Credit To Sri Lanka For Solar Projects Updated On Thu, Jun 17th, 2021 by Saurenergy In an agreement yesterday, India has extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. This financial help will aid the Lankan government to boost their solar energy sector by ensuring the country’s 70 percent power requirements are fulfilled by renewable energy sources by 2030. The agreement […] Read more
Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac Updated On Thu, Jun 17th, 2021 by Saurenergy Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […] Read more
WindEurope Calls for Ban on Landfilling Turbine Blades Updated On Thu, Jun 17th, 2021 by Saurenergy European Wind Energy Association, now WindEurope has asked for a Europe-wide landfill ban on decommissioned wind turbine blades by 2025. At the Spanish Wind Energy Association (AEE)’s Annual Congress Giles Dickson, CEO of WindEurope, and Juan Virgilio Márquez, General Director of AEE, yesterday called upon the European Commission to propose a Europe-wide ban on landfilling […] Read more