Amazon Adds 71 New Renewable Project Installations Globally Updated On Sat, Sep 24th, 2022 by Saurenergy E-commerce giant Amazon continues to increase the amount of renewable energy in its portfolio. Its latest addition of 2.7 GW of cumulative capacity across 71 new renewables projects across countries makes it one of the largest corporate buyers of renewable energy. The company’s declaration is a component of its goal to completely run on green […] Read more
New York Hits 4-GW Distributed Solar Power Milestone Updated On Fri, Sep 23rd, 2022 by Saurenergy As part of Climate Week, New York Governor Kathy Hochul has announced that four gigawatts of distributed solar—community, residential, small commercial and industrial projects—have been installed across the state. She said that this is enough to power more than 710,000 homes. She held that since the launch of the NY-Sun initiative in 2012, the cost […] Read more
Sterling And Wilson Renewable In MoU For 961MWp Solar Plants In Nigeria Updated On Fri, Sep 23rd, 2022 by Saurenergy Sterling and Wilson Solar Solutions, Inc (SWSS), the US step down subsidiary of Sterling and Wilson Renewable Energy Limited (SWRE) has announced that it has signed a Memorandum of Understanding (MOU) with the Government of the Federal Republic of Nigeria, along with its consortium partner Sun Africa. The MOU is for the development, design, construction, and […] Read more
RE Employment Rose 700,000 in 2021; Nears 13 million: Report by IRENA & ILO Updated On Fri, Sep 23rd, 2022 by Saurenergy According to a new report published by the International Renewable Energy Agency (IRENA) and International Labour Organization (ILO), worldwide employment in the renewable energy sector reached 12.7 million in 2021, representing a jump of 700,000 new jobs in just 12 months. The report named ‘Renewable Energy and Jobs: Annual Review 2022,’ identifies domestic market size […] Read more
Gujarat Becomes 4th State to Meet RE Targets 2022; Maha, AP, UP, MP Fall Short Updated On Thu, Sep 22nd, 2022 by Saurenergy Global thinktank for energy, Ember has published its most recent analytical report, which revealed that by August 2022, India has reached two-thirds of its 175 GW renewable energy goal for the year. Gujarat achieved this goal alongside Telangana, Rajasthan, and Karnataka. The majority of the shortage is made up of four states: Maharashtra, Uttar Pradesh, […] Read more
Amazon Scales Up Green Ambitions In India, 3 Solar Plants of 420 MW Planned In Rajasthan Updated On Thu, Sep 22nd, 2022 by Saurenergy In a development indicative of the strong shift at corporate level towards green energy, Amazon in India has signed three separate deals for a total of 420 MW for powering its operations in India. Additionally, Amazon has also announced 23 new solar rooftop plants across its fulfillment centres in India, which will account for an […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
USA’s Jingoli Power Launches Solar EPC Division To Expand RE Services Portfolio Updated On Wed, Sep 21st, 2022 by Saurenergy US-based Jingoli Power has announced the launch of a new solar engineering, procurement and construction (EPC) division in the company as part of its rapidly growing renewable energy services portfolio. Jingoli Power provides professional services like planning, survey, evaluation and cost estimation to contractor management and tender-process management for complex electric utility construction projects. It […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
