Global Investments in Renewable Energy Hit $288 Billion: BNEF Report Updated On Wed, Jun 19th, 2019 by Saurenergy The dip in investment in 2018 can be partly attributed to falling technology costs in solar photovoltaics, which meant that the required capacity could be secured at a lower cost and slowdown in PV installations in China. Global investment in renewable energy has hit $288.9 billion in 2018, with the amount spent on new capacity […] Read more
DERC Issues Group and Virtual Net Metering Guidelines Updated On Sat, Jun 15th, 2019 by Saurenergy DERC has issued the group and virtual net metering framework, paving the way for rooftop and agri-solar plants in residential areas and villages in the city The Delhi Electricity Regulatory Commission (DERC) has issued the capital’s group and virtual net metering framework, paving the way for the installation of rooftop and agri-solar plants in residential […] Read more
Target Commits to Sourcing 100% Renewable Electricity by 2030 Updated On Sat, Jun 15th, 2019 by Saurenergy Target Corporation, the eighth-largest retailer in the US plans to source 100 percent of its electricity needs from renewable energy sources by 2030. Target Corporation, the eighth-largest retailer in the United States has announced its plans to source 100 percent of its electricity needs from renewable energy sources by 2030. The goal will apply to […] Read more
IRENA Report on Water Use in India’s Power Generation Updated On Thu, Jun 13th, 2019 by Saurenergy This study analyses the prospective impact of renewable energy deployment, along with recently mandated changes to power plant cooling systems, on water use in India’s electricity sector. Looking at the expected freshwater intensity of non-hydro power generation under different scenarios, the analysis aims to quantify the impact of India’s energy transition on freshwater use. The […] Read more
Recurrent Energy Signs Solar PPA Worth 310 MWp with Anheuser-Busch Updated On Thu, Jun 6th, 2019 by Saurenergy Recurrent Energy has signed a 15-year PPA with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in Texas. Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, has announced the signing of a 15-year Power Purchase Agreement (PPA) with Anheuser-Busch for 310 MWp/222 MWac of electricity from its Maplewood solar project in […] Read more
ESB Issues €500 Mn Green Bond For Financing Clean Energy Projects Updated On Thu, Jun 6th, 2019 by Saurenergy ESB, a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond Electricity Supply Board (ESB), a leading Irish diversified and vertically integrated utility, has successfully placed a €500 million 1.125% fixed-rate green bond maturing in June 2030. The bond is the first ever Irish corporate public green […] Read more
Capital Dynamics & First Solar Commission 280 MW Californian Flats Solar Project Updated On Wed, May 29th, 2019 by Saurenergy Capital Dynamics, an independent global private asset management firm and First Solar have announced the completion and commercial operation of the 280-megawatt (MW) California Flats Solar Project. The project is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San Luis Obispo and Monterey County in California. The project partners […] Read more
An Innovative Plan to Drive Higher Solar Rooftop in Chandigarh takes Shape Updated On Wed, May 29th, 2019 by Saurenergy CREST, or the Chandigarh Renewable Energy and Science & Technology Promotion Society, a society under the department of science and technology, Chandigarh Administration, has come up with a model to drive higher solar use. Expanding the RESCO model to residential houses. The planned move by CREST is really interesting because it tries to tackle one of the […] Read more
Belectric Commissions 1.9 MWh Battery Storage Facility for Audi Updated On Tue, May 28th, 2019 by Saurenergy German EPC player, Belectric has announced that a new battery storage facility was officially inaugurated at the EUREF Campus, a green innovation cluster in Berlin. The company was contracted to build the battery storage facility for Audi, with its 20 batteries sourced from test vehicles belonging to the car manufacturer. The system is part of […] Read more