New Energy Master Plan Must Aim to Favor Bangladesh Over Japan: IEEFA Updated On Tue, May 25th, 2021 by Saurenergy JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant Clear understandings from the Bangladesh government’s recently released 8th Five-Year Plan must be incorporated into the new energy and power master plan currently under development by the Japan International Cooperation Agency (JICA) to drive zero carbon transformation and […] Read more
Hecate Energy Begins Construction Work on Solar Projects Worth 600 MW Updated On Mon, May 24th, 2021 by Saurenergy Hecate Energy announced today that construction has commenced on two solar projects totaling 600 megawatts. In Falls County, Texas, Hecate developed the solar and battery storage project, Roseland Solar, from inception and transferred it to the North American subsidiary of a European utility in March. In Highland County, Ohio, Hecate developed the New Market Solar project and transferred […] Read more
Ozop Energy Receives 10 EV Charging Stations Order in Brooklyn Updated On Mon, May 24th, 2021 by Saurenergy New York based ultra-high-power chargers, inverters, and power supplies producer and distributor, Ozop Energy Solutions has announced receiving an extended order for 10 electric vehicles (EV) charging stations at a pre-incentive cost of USD 600,000. These chargers to be installed in Bical Auto Mall dealerships in Brooklyn, New York. Bical Auto Mall is the place […] Read more
Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac Updated On Thu, May 20th, 2021 by Saurenergy Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
Italian Firms ERG & Telenergia Sign 10-Year PPA for Green Energy Supply Updated On Sat, May 15th, 2021 by Saurenergy ERG Power Generation and Telenergia have signed a ten-year corporate PPA (Power Purchase Agreement) for the supply of 3.4 Terawatt-hours (TWh) of green energy for the period 2022-2031. While the former is a subsidiary of ERG, primary independent producer of electricity from renewable sources, the latter is a subsidiary of TIM, leading group in Italy […] Read more
Macquarie to Sell UK C&I Smart Meter Portfolio to Energy Assets Group Updated On Wed, May 12th, 2021 by Saurenergy Macquarie Specialised and Asset Finance (Macquarie) – part of Macquarie’s Commodities and Global Markets Group – has successfully divested Cortex Metering Solutions (CMS), a UK industrial and commercial (I&C) smart meter portfolio, to Energy Assets Group (Energy Assets). With more than 600,000 meters rented to more than 80 energy suppliers throughout Great Britain (GB), CMS […] Read more
India and the EU Commit to Energy Connectivity Partnership Updated On Mon, May 10th, 2021 by Saurenergy Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […] Read more
PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA Updated On Tue, May 4th, 2021 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […] Read more
