Storage Subsidies. With or Without Renewables? Updated On Thu, Oct 24th, 2019 by Saurenergy The Award of the Nobel Prize in Chemistry to three scientists who have played a key role in the development and commercialisation of Lithium storage batteries, is a true indicator of the critical role of storage today. More so at a large scale now. The changes happening on the Energy storage subsidy front in the […] Read more
Wind & Solar With Storage to Ease Energy Transition in Australia Updated On Wed, Oct 23rd, 2019 by Saurenergy Growth of renewables has changed the market dynamics of the electricity system in Australia, and stakeholders now prefer Battery storage-backed wind and solar farms The growth of variable renewable energy and distributed energy resources has changed the market dynamics of the electricity system in Australia. To meet the increasing demand for power in the country […] Read more
EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui Updated On Wed, Oct 23rd, 2019 by Saurenergy EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […] Read more
100 Percent Renewable Energy Deal Struck for Sydney Updated On Tue, Oct 22nd, 2019 by Saurenergy A new agreement will ensure all City of Sydney operations, including depots, buildings, and the Town Hall, will be powered by 100 percent renewable energy A new agreement with innovative energy company Flow Power will ensure all City of Sydney operations, including pools, sports fields, depots and buildings, including the historic Sydney Town Hall, will […] Read more
EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
EBRD Invests €18 mn in Terna Energy’s Green Bond Updated On Tue, Oct 22nd, 2019 by Saurenergy EBRD will provide Terna Energy with a EUR 18 million investment in the Greek company’s successful issuance of a seven-year EUR 150 million green bond. The European Bank for Reconstruction and Development (EBRD) has announced that in an attempt to step up its efforts to support renewables in Greece, it will provide Terna Energy with […] Read more
Botswana Becomes Member of International Solar Alliance Updated On Tue, Oct 22nd, 2019 by Saurenergy On the occasion, IIPA also inked the Memorandum of Understanding (MoU) with the ISA for capacity-building of its member countries in the area of climate change adaptation and mitigation under ITEC-programme of Ministry of External Affairs. South African country Botswana has become the member of the India-headquartered International Solar Alliance (ISA) after signing the ISA […] Read more
Adani Green Energy Commissions 50 MW Wind Capacity in Kutch Updated On Tue, Oct 22nd, 2019 by Saurenergy Adani Green Energy has commissioned 50 MW wind generation capacity in Kutch, a part of the 725 MW wind projects then firm is implementing in the region Adani Green Energy Ltd (AGEL) has announced through a corporate filing that it has commissioned 50 megawatts (MW) wind generation capacity in Kutch, Gujarat. The capacity commissioned is a […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
