Green Finance Recovery Mechanism Needed in Southeast Asia: ADB Updated On Fri, Oct 9th, 2020 by Saurenergy ADB has urged policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze investments required for climate-adjusted infrastructure in the region by 2030. A new book by the Asian Development Bank (ADB) urges policy makers in Southeast Asia to use green and innovative financing approaches to help catalyze the estimated […] Read more
Pandemic is Hurting but not Halting Global Renewable Growth: IEA Updated On Fri, May 22nd, 2020 by Saurenergy The COVID-19 Pandemic will force 2020 to witness the first annual decline in new renewable additions in 20 years, but their growth is expected to bounce back next year. The world is set to build fewer wind turbines, solar plants and other installations that produce renewable electricity this year because of the impact of the […] Read more
UPenn Announces PPA for Largest Solar Project in Pennsylvania Updated On Wed, Apr 15th, 2020 by Saurenergy UPenn has signed a PPA for the creation of a 220 MW solar power project moving it significantly closer to meeting its carbon-neutral by 2042 commitment The University of Pennsylvania (UPenn) has signed a Power Purchase Agreement (PPA) for the creation of a solar power project moving the University significantly closer to meeting its commitment […] Read more
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
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
SaaS Firm Zoho Goes Greener with 5MW Solar Plant in TN Updated On Fri, Dec 27th, 2019 by Saurenergy Zoho Corp, one of the biggest tech success stories from India in the Software-as-a-Services (SaaS) domain, has decided to set another marker for its green credentials. The firm, which reportedly grows food in its farms, in Tirunelveli, that is used in its employee canteen in Chennai has decided to source some of its energy requirements […] Read more
EDF Renewables and Shell Sign PPA for 132 MW Solar Power Updated On Wed, Dec 4th, 2019 by Saurenergy EDF Renewables and Shell Energy have signed a 15-year PPA related to a 132 MW tranche of the Palen Solar site known as Maverick 7 Solar Project. EDF Renewables North America and Shell Energy North America have announced the signing of a 15-year Power Purchase Agreement (PPA) related to a 132 megawatt (MWac) tranche of […] Read more
Renewable Power Capacity in Croatia to Reach 1.9 GW by 2030 Updated On Mon, Nov 25th, 2019 by Saurenergy Croatia has decided to increase the share of renewable energy to 36.4 percent of total consumption by 2030 and is expected to reach 1.9 GW by 2030 The enormous renewable energy potential of Croatia has prompted the government to increase the share of renewable energy in its total energy consumption to 36.4 percent by 2030. […] Read more
Macquarie Integrates Savion Acquisition, Commercialises 1 GW of RE in North America Updated On Sat, Nov 23rd, 2019 by Saurenergy GIG, a subsidiary of the Macquarie, has announced that it has commercialised over 1 GW of new renewable energy projects via PPAs or sales in North America. The Green Investment Group (GIG), a subsidiary of the Macquarie Group, has announced that one year following the establishment in the US, it has built a national development […] Read more