IEA Report Advises Shutting Out Fossil Projects Now, To Reach 1.5C Target Updated On Wed, May 19th, 2021 by Saurenergy The International Energy Agency (IEA), one of the premier energy modeling agencies and until recently, a key backer of the perception that fossil fuel’s still have a future (of sorts), has finally changed track. In a recommendation that will surprise many people, and please even more who have been calling for the same, the agency […] Read more
JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment Updated On Mon, May 17th, 2021 by Saurenergy JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […] Read more
ACWA Power to Develop 1.5 GW Wind Project in Central Asia Updated On Wed, May 5th, 2021 by Saurenergy ACWA Power has signed an implementation agreement for the development, construction & operation of a 1.5 GW wind power project in Uzbekistan. ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 countries, signed an implementation agreement with the Ministry of Investments & Foreign Trade and the […] Read more
Facebook Ties up With CleanMax for 1st Renewable Energy Project in India Updated On Fri, Apr 16th, 2021 by Saurenergy Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
IESA Partners With Greenstat Hydrogen to Support India’s Hydrogen Mission Updated On Fri, Feb 19th, 2021 by Saurenergy IESA and Greenstat Hydrogen India have partnered for a period of two years to accelerate the hydrogen technology development in India. India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and Greenstat Hydrogen India, a Norwegian energy organization, recently signed a Memorandum of Understanding for a period of two years to […] Read more
Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries Updated On Tue, Feb 9th, 2021 by Saurenergy Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […] Read more
Leading PV Inverter Brands to Launch Products Compatible With 210 Ultra-High Power Modules Updated On Mon, Feb 8th, 2021 by Saurenergy The world’s leading photovoltaic inverter brands have announced the market launch of inverters compatible with the 210 Ultra-High Power Modules. Mass production of the inverters is due to begin in March 2021, and the price is expected to remain at a level compatible with that of other types of inverters. The full launch of inverters […] Read more
India Signs Strategic Partnership Agreement With the IEA Updated On Thu, Jan 28th, 2021 by Saurenergy The Framework for Strategic Partnership between the IEA members and the Government of India was signed on Jan 27. The Framework for Strategic Partnership between the International Energy Agency (IEA) members and the Government of India was signed on January 27, 2021, to strengthen mutual trust and cooperation, and enhance global energy security, stability and […] Read more