Bank of America Meets 100% Renewable Electricity Goal a Yr Ahead Updated On Tue, Jan 21st, 2020 by Saurenergy American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying […] Read more
India Will Need 125,000 sq.km. Land to Achieve Renewable Targets Updated On Fri, Jan 17th, 2020 by Saurenergy A new research article shows that the total land footprint needed to meet the renewable energy targets of India is large is 125,000 sq.km. A new research article, “Renewable Energy and Land Use in India: A Vision to Facilitate Sustainable Development”, published in the scientific journal, Sustainability, shows that the total land footprint needed to […] Read more
Renewable Investments up 1% YoY in 2019, India Records 14% Less Updated On Fri, Jan 17th, 2020 by Saurenergy Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1% from 2018, India saw an investment of USD 9.3 billion, down 14% Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1 percent from 2018’s USD 280.2 billion, with the world’s biggest market (China) slipping back, but […] Read more
PepsiCo Targeting 100% Renewable Electricity in the US Updated On Thu, Jan 16th, 2020 by Saurenergy PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […] Read more
Financial Services Firm Visa Reaches 100% Renewable Electricity Goal Updated On Thu, Jan 16th, 2020 by Saurenergy Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations American financial services corporation, Visa has announced that it has met its goal to use 100 percent renewable electricity by 2020, furthering the company’s commitment to lead responsibly and sustainably […] Read more
Brookfield Renewables Submits Proposal to Acquire TerraForm Power Updated On Tue, Jan 14th, 2020 by Saurenergy Brookfield Renewables has announced that it has made a non-binding, all-share proposal to acquire the outstanding shares of TerraForm Power Brookfield Renewables Partners has announced that it has made a non-binding, all-share proposal to acquire the outstanding Class A common shares of TerraForm Power, other than the 62 percent owned by Brookfield Renewable and its […] Read more
Double the Share of Renewables to Achieve Energy Transition Goals Updated On Tue, Jan 14th, 2020 by Saurenergy The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […] Read more
Energy Transformation can Employ 40 mn People in Renewables: Report Updated On Mon, Jan 13th, 2020 by Saurenergy The renewables sector could employ more than 40 million people by 2050 under IRENA’s climate-safe energy path, according to a new report. The renewables sector could employ more than 40 million people by 2050 under the International Renewable Energy Agency’s (IRENA) climate-safe energy path, according to a new report published by the Agency during its […] Read more
BNP Paribas Closes Sustainability Linked RCF With Brookfield Renewables Updated On Wed, Jan 8th, 2020 by Saurenergy BNP Paribas has closed an incentive-linked corporate revolving credit facility with Brookfield Renewable Partners to expand its renewable portfolio BNP Paribas, a premier global banking partner, has announced that it has closed a bi-lateral, incentive-linked corporate revolving credit facility (RCF) with Brookfield Renewable Partners, structured as a sustainability-linked loan (SLL). One of the first SLLs […] Read more
