Electrify America’s 75 MW Solar Farm Gets the Ball Rolling Updated On Wed, Aug 16th, 2023 by Saurenergy Electrify America, the open network of DC fast chargers for electric vehicles (EVs) in the US has kickstarted operations of its 75 MW solar renewable energy generation project referred to as Electrify America Solar Glow 1, located in San Bernardino County, CA. The Electrify America Solar Glow 1 extends to over a square mile and […] Read more
EIB Approves €575 Million Loan for Repsol’s 1.1 GW Wind & Solar Projects in Spain Updated On Wed, Jul 26th, 2023 by Saurenergy The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […] Read more
India Needs More RE In Power System To Meet Climate Goals: IEEFA Report Updated On Thu, Jul 13th, 2023 by Saurenergy A new report by the International Energy Economics and Financial Analysis (IEEFA) asks that India accelerate integration of renewable energy into its power system to meet its climate goals. The report said that between 2016 and 2022, the share of renewable energy generation in India’s total energy mix increased merely by 6.5 percent. But the […] Read more
African Development Bank’s SEFA Provides $7.88 Million Grant for AETC Programme Updated On Thu, Jul 6th, 2023 by Saurenergy The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent. The AETC Programme The Africa Energy Transition Catalyst Programme, also known as AETC, is a program […] Read more
Funding New Thermal Power Plants May Create Stranded Assets: IEEFA Report Updated On Wed, Jun 28th, 2023 by Saurenergy A latest report by the Institute for Energy Efficiency and Financial Analysis (IEEFA) claimed that new investments in thermal power plants could potentially lead to new stranded assets. The report said it is due to the economic benefits of renewable energy. The report titled ‘Cleaning up the last pile of India’s power sector Non-Performing Assets (NPAs)’ discusses […] Read more
Novelis Builds $2.4 Milion Solar Park, First From the Firm Updated On Fri, Jun 23rd, 2023 by Saurenergy Novelis Inc. recently revealed plans for the construction of its inaugural solar park at its production facility in Pieve Emanuele, Italy. Following the approval of local authorities, the expansive solar park spanning over 28,000 square meters will commence operation and begin generating electricity by the end of this year. Novelis Inc is a sustainable aluminium […] Read more
Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report Updated On Thu, Jun 22nd, 2023 by Saurenergy A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report. The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […] Read more
The Top 5: Indian Steel Makers And Their Green Plans Updated On Tue, Jun 13th, 2023 by Saurenergy India stands tall among the world’s leading steel-producing nations. Thanks to rapid infrastructure development, steel demand has soared, making the Indian steel industry a crucial player in the global market. However, as the world grapples with environmental challenges and the need for sustainable practices, India’s steel producers are stepping up with their green plans to […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more