CPP Investments Commits €200 Mn to Offshore Wind Projects in France Updated On Thu, May 14th, 2020 by Saurenergy CPP Investments acquires 49% of the entity that holds Enbridge’s stake in its partnership with EDF Renewables that is developing 3 offshore wind farms in France. Canada Pension Plan Investment Board (CPP Investments) has announced that its wholly-owned subsidiary, CPP Investment Board Europe, has reached an agreement with Enbridge to acquire 49 percent of the […] Read more
Ultra-Thin Solar Cells Market to see 56.9% CAGR in Coming Years Updated On Thu, May 14th, 2020 by Saurenergy The global ultra-thin solar cells market, which generated USD 30 million in 2019, is expected to advance at a 56.9 percent CAGR between 2020 and 2030 The requirement for energy, which doesn’t release harmful gases, including carbon dioxide and carbon monoxide, during generation, is rising. Though numerous sources are utilised to produce renewable electricity, solar power […] Read more
Mineral Production to Rise as Demand for Green Energy Increases: World Bank Updated On Thu, May 14th, 2020 by Saurenergy A new report shows that production of certain minerals could increase by nearly 500% by 2050 to meet the growing demand for green energy technologies. A new World Bank Group report shows that production of minerals like graphite, lithium and cobalt could increase by nearly 500 percent by 2050 to meet the growing demand for green energy technologies. […] Read more
Nearly 600,000 Clean Energy Jobs Lost in the US due to Pandemic: Report Updated On Thu, May 14th, 2020 by Saurenergy A new report has revealed that April saw at least 447,200 new clean energy jobs lost, bringing the total to 594,300 since the beginning of the pandemic. A report tracking the impact of the Coronavirus pandemic on US employment has revealed that April brought clean energy job losses triple those seen in March, for an […] Read more
IRENA Pitches For a Green Recovery Path from Covid-19 Updated On Thu, May 14th, 2020 by Saurenergy The International Renewable Energy Agency (IRENA), under its Coalition for Action initiative, has made a pitch for ensuring that steps taken to recover from the Covid-19 pandemic worldwide are green. The 100 Member coalition of renewable energy players has given a concrete action plan that seeks to ensure a rapid and sustained economic recovery that […] Read more
Sembcorp, PUB Ink 25-Yr PPA to Build Largest Floating Solar Plant in S’pore Updated On Wed, May 13th, 2020 by Saurenergy With an aim to support Singapore’s 2 GWp target of installed solar capacity by 2030, Sembcorp Industries has entered into a 25-year power purchase agreement (PPA) with PUB, Singapore’s National Water Agency, to develop the country’s largest floating solar plant. As per the deal, Sembcorp through its arm Sembcorp Floating Solar Singapore will develop a 60 […] Read more
Big Bang? 90K Crores Credit Line For Discoms in Stimulus Package Updated On Wed, May 13th, 2020 by Saurenergy After the Prime Minister announced his Rs 20 trillion stimulus package yesterday, in the morning today, we had written about how lack of any strong, concrete measures to solve the discom mess in India would be a very disappointing outcome for the power sector. The good news is, the sector has been saved disappointment in […] Read more
‘Ultra-Mega Solar Parks Kick-Start India’s Energy Transition by Attracting Foreign Capital, Developers’ Updated On Wed, May 13th, 2020 by Saurenergy India’s approach towards building ultra-mega power plant (UMPP) attracted foreign investment and leading global developers which drives towards a renewable energy investment boom in the country. This has also provided investors with an opportunity to join a USD 500-700 billion renewable energy and grid infrastructure investment boom in the coming decade. “This approach has driven […] Read more
Uttarakhand to Empanel EPC Contractors for Rooftop Solar Projects Updated On Tue, May 12th, 2020 by Saurenergy UREDA has issued a tender for empanelment of the EPC contractors for commissioning of rooftop and small solar plants at various locations in Uttarakhand. The Uttarakhand Renewable Energy Development Agency (UREDA) has issued a tender, inviting bids from eligible firms for the empanelment of the EPC contractors to undertake work of project commissioning of grid-connected […] Read more