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
Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal Updated On Thu, Jan 16th, 2020 by Saurenergy Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […] Read more
IRENA and EBRD Sign Agreement to Strengthen Cooperation Updated On Tue, Jan 14th, 2020 by Saurenergy IRENA and EBRD have signed an MoU to strengthen their relationship and accelerate efforts to rapidly increase the share of renewable power in EBRD countries The International Renewable Energy Agency (IRENA) and the European Bank for Reconstruction and Development (EBRD) have signed a Memorandum of Understanding (MoU) allowing the two organisations to strengthen their relationship […] Read more
Lightsource BP Secures Tracking Equipment for 1.5 GW Solar Projects Updated On Fri, Jan 10th, 2020 by Saurenergy Lightsource BP has announced the purchase of approximately USD 100 million in tracking equipment for over 1.5 GW of large-scale solar projects in the US. Lightsource BP, a global solar leader, has announced the purchase of approximately USD 100 million in equipment from Array Technologies, an industry leader in reliable solar tracking solutions. The investment […] Read more
Solar Installations to Grow by 142 GW in 2020, 14 GW in India: Report Updated On Wed, Jan 8th, 2020 by Saurenergy According to a new report global annual solar installations in 2020 will reach 142 gigawatts (GW), recording a 14 percent rise over the previous year. Global solar installations will continue double-digit growth rates into the new decade, according to the new “2020 Global Photovoltaic (PV) Demand Forecast” by IHS Markit. New annual installations in 2020 […] 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
Vestas Announces Target to Become Carbon Neutral by 2030 Updated On Tue, Jan 7th, 2020 by Saurenergy Vestas has worked with customers to reduce greenhouse gas emissions and now it plans to be a carbon-neutral company by no later than 2030 For Vestas, the reality of the climate crisis is at the centre of its business. In more than 40 years of pioneering and leading the wind energy industry, it has worked […] Read more
Zero Carbon Electricity Outstrips Fossil Fuels in the UK for 2019 Updated On Mon, Jan 6th, 2020 by Saurenergy 2019 was the cleanest year on record for the UK as, for the first time, the amount of zero-carbon power outstripped that from fossil fuels for a full year 2019 was the cleanest year on record for the United Kingdom (UK) as, for the first time, the amount of zero-carbon power outstripped that from fossil […] Read more
Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch Updated On Mon, Jan 6th, 2020 by Saurenergy Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […] Read more
