Only 18% of Announced Recovery Spending can be Considered ‘Green’: Report Updated On Thu, Mar 11th, 2021 by Saurenergy An analysis of spending by leading economies has found that only 18 percent of announced recovery spending can be considered ‘green.’ One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project […] Read more
WoodMac On The Commercial Charging Market For Heavy Vehicles To 2050 Updated On Thu, Mar 11th, 2021 by Saurenergy WoodMac says that commercial electric vehicle charging equipment market worth over $870 billion by 2050 Global research agency Wood Mackenzie believes commercial vehicle electrification is on the cusp of exponential growth, largely driven by climate policy and decarbonisation goals. The agency says that government funding and zero-emission vehicle regulations are strong drivers for commercial electric […] Read more
PG&E Surpasses California’s 2020 Renewable Energy Goal Updated On Wed, Mar 10th, 2021 by Saurenergy Pacific Gas and Electric Company (PG&E) exceeded California’s Renewables Portfolio Standard (RPS) goal requiring energy providers to deliver 33% renewable energy by the end of 2020. PG&E estimates that it delivered over 35% from specified eligible-renewable resources to its customers last year, according to its recent Form 10-K. Overall, more than 88% of the electricity PG&E […] Read more
AVANGRID Offshore Wind JV Vineyard Wind 1 Achieves Key Regulatory Milestone Updated On Wed, Mar 10th, 2021 by Saurenergy AVANGRID, Inc. confirmed today that the U.S. Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for Vineyard Wind 1. The issuance of the FEIS is the final step before a Record of Decision (ROD) from BOEM, the last approval required for construction on the project to begin. The project […] Read more
Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra Updated On Wed, Mar 10th, 2021 by Saurenergy Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […] Read more
Indian E-Rickshaw Market to Expand to $1.39 Billion by 2025: Report Updated On Wed, Mar 10th, 2021 by Saurenergy India witnessed an exponential growth of electric rickshaws (e-rickshaw) since they first entered the Indian public transportation network. An E-rickshaw has always been an easy to go and cheaper option for the short-distance daily commute. Their cost effectiveness has also made e-rickshaw the preferred option for an ever larger section of society. Now, according to […] Read more
SECI Extends Bid Deadline for 25 MW BCCL Solar Plant in West Bengal Updated On Wed, Mar 10th, 2021 by Saurenergy SECI has extended the bid submission deadline for its tender for 25 MW solar power plant at the Bhojudh Coal Washery of BCCL in West Bengal The Solar Energy Corporation of India (SECI) has notified that the bid submission deadline for its tender for setting up of 25 MW solar PV power plant at the […] Read more
POWERGRID Acquires RNTL, to Establish Transmission System for Rajasthan SEZ Updated On Wed, Mar 10th, 2021 by Saurenergy POWERGRID has announced that pursuant to its selection as the successful bidder it has acquired Ramgarh New Transmission Limited (RNTL). The Power Grid Corporation of India Limited (POWERGRID), has announced that pursuant to its selection as the successful bidder under tariff-based competitive bidding, it has on March 9, 2021, acquired Ramgarh New Transmission Limited (RNTL) […] Read more
Weak Performance in Rooftop Solar a Growing Concern Updated On Wed, Mar 10th, 2021 by Saurenergy Against the overall target of 40 GW rooftop solar by 2022, an aggregate capacity of 3.73 GW has been installed as of January 31, 2021. The National Institute of Solar Energy (NISE) has estimated a rooftop solar potential of 42.83 GW in India. Based on this estimation, the central government had set a highly ambitious […] Read more
