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
‘Fit-for-55’; Need More Than Targets to Boost Wind Energy: WindEurope Updated On Mon, May 17th, 2021 by Saurenergy With its ‘Fit-for-55 Package’ the European Union wants to create the right framework for an emission reduction of 55% by 2030 and set the course for carbon neutrality by 2050. The package will include a higher renewable energy target, but targets alone won’t deliver the wind volume Europe needs. WindEurope outlines the wind industry’s key […] Read more
Power Grid Raises Rs 2736 Crore Through its PGInvIT Updated On Mon, May 17th, 2021 by Saurenergy Power Grid has received Rs 2,736.02 crore through the sale of 27.41 crore units in the PGInvIT OFS which was created to monetise its assets. The Power Grid Corporation of India (PGCIL) has announced that it has received Rs 2,736.02 crore through the sale of 27.41 crore units in the PowerGrid Infrastructure Investment Trust (PGInvIT) offer […] Read more
Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA Updated On Mon, May 17th, 2021 by Saurenergy According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […] Read more
Power Consumption up Nearly 20 Percent in May Updated On Mon, May 17th, 2021 by Saurenergy Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 BU over the same period last year. Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 billion units (BU) over the same period last year, showing recovery in commercial and […] Read more
Germany’s Enapter Prepares AEM Multicore for Green H2 Production Updated On Sat, May 15th, 2021 by Saurenergy Germany-headquartered Enapter, a hydrogen generator manufacturer, has recently announced that it is expanding its product portfolio to the megawatt-class with the AEM Multicore electrolyser. The final development of the new model has started, further tapping into the innovative potential of Anion Exchange Membrane (AEM) technology. The AEM Multicore will be introduced to the market next […] Read more
Italian Firms ERG & Telenergia Sign 10-Year PPA for Green Energy Supply Updated On Sat, May 15th, 2021 by Saurenergy ERG Power Generation and Telenergia have signed a ten-year corporate PPA (Power Purchase Agreement) for the supply of 3.4 Terawatt-hours (TWh) of green energy for the period 2022-2031. While the former is a subsidiary of ERG, primary independent producer of electricity from renewable sources, the latter is a subsidiary of TIM, leading group in Italy […] Read more
Lead – Solar Performance Analysis Updated On Fri, May 14th, 2021 by Saurenergy We are looking for a dynamic and experienced team member to execute the data analysis and field-testing teams within Mahindra Teqo. We are looking for a candidate, who has deep appreciation of new technological developments, apart from working in teams and managing complex situations. The ideal candidate should have a proven track record of running […] Read more
MNRE Waives off Hard Copy Requirement for RE Project Invoices Updated On Fri, May 14th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) released a notification yesterday, stating that for RE projects which were scheduled to be implemented April 1, 2021, onwards, the requirement of submitting physical hard copies has been waived off and the implementing agencies have been directed to accept soft copies of invoices. The notification is meant as […] Read more
