$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages Updated On Thu, Jul 16th, 2020 by Saurenergy A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […] Read more
Mukesh Ambani Signals A Clean Energy Shift at RIL AGM Updated On Thu, Jul 16th, 2020 by Saurenergy At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […] Read more
NREL Research Points to Strategies for Recycling of Solar Panels Updated On Tue, Jul 14th, 2020 by Saurenergy Researchers at NREL have conducted the first global assessment into the most promising approaches to end-of-life management for solar PV panels. PV modules have a 30-year lifespan. There is currently no plan for how to manage this at end of their lifespan. The volume of modules no longer needed could total 80 million metric tons […] Read more
Cargill Partners With CleanMax for RE Projects in India Updated On Tue, Jul 14th, 2020 by Saurenergy Cargill has partnered with CleanMax in India to meet 70 to 80 percent of its facility’s electricity needs from a solar and wind hybrid project in Karnataka. US-based global food corporation Cargill has announced that it is expanding its portfolio of renewable energy projects worldwide with 10 new projects set to come up online next […] Read more
Hitachi ABB Win Rs 120 Crore Order For Railways Electrification Updated On Fri, Jul 10th, 2020 by Saurenergy In an order worth Rs 120 crore, Hitachi ABB Power Grids India will deliver its transformers to CLW for the production of 400 electric locomotive engines In an order worth Rs 120 crore, Hitachi ABB Power Grids India will be delivering its transformers to the Government of India’s electric locomotive manufacturer, Chittaranjan Locomotive Works (CLW), […] Read more
New RE Already Cheaper Than Operating Coal Plants: Report Updated On Fri, Jul 10th, 2020 by Saurenergy A new report has revealed that new renewable energy (RE) is already cheaper than continuing to operate coal plants in much of the world. A new report has revealed that new renewable energy (RE) is already cheaper than continuing to operate coal plants in much of the world. The report “How to Retire Early: Making […] Read more
Nearly 14 GW of Wind Turbine Capacity Ordered Globally in Q1 2020: WoodMac Updated On Thu, Jul 9th, 2020 by Saurenergy Q1 2020 saw nearly 14 GW of wind turbine capacity ordered globally, the second-highest first quarter on record, and equates to USD 13.4 billion. The first quarter (Q1) of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated USD 13.4 […] Read more
$5 Bn Green Hydrogen Project to Come up in Saudi Arabia Updated On Thu, Jul 9th, 2020 by Saurenergy Air Products, ACWA Power and NEOM, have agreed on a USD 5 billion green hydrogen-based ammonia production facility in NOEM, Saudi Arabia. Air Products, in conjunction with ACWA Power and NEOM, has announced the signing of an agreement for a USD 5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be […] Read more
Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA Updated On Wed, Jul 8th, 2020 by Saurenergy Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […] Read more
