Large Buildings RE Specialist Blueprint Power Acquired by BP Updated On Fri, Oct 8th, 2021 by Saurenergy bp has acquired Blueprint Power, a US-based technology company whose technology can help turn buildings into a flexible power network by connecting them to energy markets through cloud-based software. Or a Virtual Power Plant. Blueprint’s technology presents an opportunity to help decarbonize commercial real estate, help real estate owners meet their environmental goals, and give […] Read more
6 Myths Blown Away By India’s Power Crisis Updated On Thu, Oct 7th, 2021 by Saurenergy The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […] Read more
Developers Take Innovative Approaches to Alternative Energy Production Updated On Wed, Oct 6th, 2021 by Saurenergy Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA), the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total […] Read more
World’s Largest Clean H2 Infra Fund Worth €1.5 B Established Updated On Wed, Oct 6th, 2021 by Saurenergy Air Liquide, TotalEnergies and VINCI, are teaming up with other large international companies to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to reach 1.5 billion euros and has already secured initial commitments of 800 million euros. Its objective is to accelerate the growth of […] Read more
China’s Green Bond Issuance in 2020 Was 2nd Largest at $44 B: Report Updated On Wed, Oct 6th, 2021 by Saurenergy Total green bond issuance from China during 2020 reached $44 billion, a 21% decrease from the $55.8 billion achieved in 2019, revealed a new report produced by Climate Bonds Initiative (CBI) & China Central Depository & Clearing Research Centre (CCDC Research). Launched with the support of HSBC, the “China Green Bond Market 2020 Research Report” […] Read more
GM to Power US Production Sites with 100% RE by 2025 Updated On Fri, Oct 1st, 2021 by Saurenergy General Motors (GM) has revealed that it plans to source 100 percent renewable energy to power its U.S. sites by 2025 – five years earlier than previously announced, and 25 years ahead of its initial target that was set in 2016. GM aims to avoid 1 million metric tons of carbon emissions that would have […] Read more
Sembcorp Raises S$675 M Sustainability-linked Bond, IFC Gives S$150 M Updated On Thu, Sep 30th, 2021 by Saurenergy Sustainable solutions provider Sembcorp Industries has launched a sustainability-linked bond (SLB) in Singapore, raising S$675 million for Pan-Asian energy, marking its latest phase in the transition to a net-zero future. Sembcorp received an investment of S$150 million from IFC, a member of the World Bank Group that is the largest global development institution focused on the […] Read more
RES Sells Large 245MWdc Australian Solar Farm to Iberdrola Updated On Wed, Sep 29th, 2021 by Saurenergy UK renewable company RES has sold its Avonlie solar development project to Spanish electric utility Iberdrola. The project is located in New South Wales, Australia, and is RES’ largest ever solar development with generating capacity standing at 245 MW dc / 190 MW ac. When operational, 450,000 solar panels, mounted on single axis tracking system, are expected […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
