Washington Joins 100% Renewable Energy Clan, More May Follow Updated On Thu, May 9th, 2019 by Saurenergy Washington Gov. Inslee gave a green signal to the law that made the state the fifth member of the 100% clean energy list in the US. On May 7, Washington became the latest state to join the clean energy race, when Gov. Jay Inslee signed a law requiring that 100 percent of the state’s electricity […] Read more
Renewable Energy Output Exceeds Coal in US for the First Time Updated On Fri, May 3rd, 2019 by Saurenergy IEEFA says the renewable energy sector, which includes hydro, biomass, wind, solar, and geothermal energy, is expected to produce more electricity in the US than coal in both April and in May of this year. According to the EIA’s latest Short-Term Energy Outlook, coal-fired power plants only accounted for 20 percent of total U.S. electricity […] Read more
SBI Cuts Loan Rates for Electric Vehicles Purchases Updated On Fri, Apr 26th, 2019 by Saurenergy In an effort to push the demand for electric vehicles, the State Bank of India (SBI) has reduced the rates of loans on purchase of electric vehicles. In an attempt to incentivize the consumers to shift towards green vehicles, SBI has cut rates on auto loans for the purchase of electric cars. Borrowers will get […] Read more
Swap Kerosene Subsidies for Solar To Improve Power Supply: Report Updated On Thu, Apr 18th, 2019 by Saurenergy The Clean Energy Swap, as per the study, supports kerosene to solar swap that will reallocate finances away from kerosene, promoting cleaner lighting fuels for unelectrified or underserved consumers. An independent study by the International Institute for Sustainable Development (IISD) and The Energy and Resources Institute (TERI) shows that switching subsidies from kerosene to off-grid […] Read more
Croatia’s HEP to Invest Over $100 Mn into Solar Power Plants by 2023 Updated On Thu, Apr 11th, 2019 by Saurenergy Croatia’s national power company, HEP, which has been engaged in electricity production, transmission and distribution for more than one century, has announced that it will invest close to $114 million into solar power plants by 2023. Solar power plants Kaštelir, Cres, Vis and Vrlika Jug, of the total capacity of 11.6 MW and the value […] Read more
Avaada Energy Secures Rs 1000 Cr Investment From ADB, DEG and FMO Updated On Tue, Apr 9th, 2019 by Saurenergy Avaada is targeting an extensive portfolio of 5 GW solar projects across Asia and Africa of which about 2.4 GW capacities are under implementation. Avaada Energy has announced that it has received an investment of Rs 1,000 crore for financing its 2.4 GW solar energy portfolio of the targeted 5 GW capacity in Asia and Africa. The investment has come from Asian Development Bank; DEG, the […] Read more
Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
Casio Launches New Watches in Pro Trek Series with Solar Power Technology Updated On Fri, Apr 5th, 2019 by Saurenergy The new models feature Casio’s Tough Solar Power technology, which consists of a solar panel system that converts light to electricity and eliminates the need for battery changes. Casio America, Inc., the U.S. subsidiary of Casio Computer, one of the world’s leading manufacturers of consumer electronics and business equipment solutions, has announced the addition of […] Read more
The Renewable Energy Storage Conundrum has a New Solution: Proton Conducting Fuel Cell Updated On Mon, Apr 1st, 2019 by Saurenergy Two research teams have worked out a way for a better performance by the new proton conducting fuel cells, that can make fuel and reconvert it to electricity using just one set of catalyst, increasing the energy efficiency in these cells and in turn standing out as a viable solution for the renewable energy storage […] Read more
