Energy Major bp on its Transformation; Plans to Set Up Global Biz Service Centre in Pune, Employ 2,000 Updated On Thu, Jun 18th, 2020 by Saurenergy Energy supermajor bp on Thursday has revealed its plan to set up a major new centre for its global business services (GBS) operations in Pune, and for the same, it will hire around 2,000 people in next few months. Further, this bp-owned and operated centre is expected to begin operations by January 2021. The company […] Read more
Panasonic & Span to Deliver Energy Storage and Management Solutions Updated On Wed, Jun 10th, 2020 by Saurenergy Panasonic has announced a new strategic alliance with Span to deliver a combined energy storage and management offering to homeowners Panasonic has announced a new strategic alliance with Span to deliver a combined energy storage and management offering that will give homeowners a new level of control over their battery backup power with intuitive energy management for the entire […] Read more
COVID-19 Intensifies Need to Expand Sustainable Energy Solutions Globally Updated On Tue, Jun 2nd, 2020 by Saurenergy A new report has found that the world will fall short of ensuring universal access to affordable, reliable, and sustainable energy by 2030 unless efforts are scaled up significantly Despite accelerated progress over the past decade, the world will fall short of ensuring universal access to affordable, reliable, sustainable, and modern energy by 2030 unless […] Read more
EU Commits to Clean Energy in COVID-19 Recovery Strategy Updated On Fri, May 29th, 2020 by Saurenergy The EU has pledged to stay away from fossil-fueled projects in its COVID-19 recovery strategy, but environmental groups said they were unimpressed. The European Commission (for the EU) has pledged to stay away from fossil-fueled projects in its coronavirus (COVID-19) recovery strategy and to stick to its target of making Europe the first climate-neutral continent […] Read more
Green Certificates Trading Mirrors Power Slowdown with 35% Drop Updated On Mon, May 25th, 2020 by Saurenergy Renewable energy certificates (REC) sales slumped by over 35 per cent to 2.37 lakh units in April. In April 2019, total sales had crossed 3.68 lakh. The figures come from the Indian Energy Exchange, the premier platform for trading in these certificates, along ith Power Exchange of India (PXIL). RECs are a significant option for […] Read more
The Power Minister and Power Honchos In Virtual Open House. Report Updated On Fri, May 15th, 2020 by Saurenergy At a virtual meet organized by the Confederation of Indian Industry (CII) today, Shri R.K. Singh, Minister for Power, New and Renewable Energy joined leaders from the power sector for a frank and open discussion on the key issues facing the sector. Broadcast live on Youtube, the discussion made for a great example of engagement […] Read more
B’desh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers Updated On Tue, May 5th, 2020 by Saurenergy With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozone’s energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 […] Read more
AfDB Offers Assistance for Development of Mini Green Energy Grids in Guinea Updated On Tue, Apr 14th, 2020 by Saurenergy AfDB has approved a grant of 830,000 USD to support AGER in the establishment of green mini grids projects in the Republic of Guinea. The African Development Bank (AfDB), through its Sustainable Energy Fund for Africa (SEFA), has approved a grant of 830,000 US dollars to support the Guinean Agency for Rural Electrification (AGER), in […] Read more
Sale of Green Certificates Surges 79% by 8.38 Lakh Units in March Updated On Mon, Apr 13th, 2020 by Saurenergy The sale of renewable energy certificates (RECs) increased more than 79 percent to 8.38 lakh units during March 2020 mainly on account of good supply. During the month of March in 2019, 4.68 lakh units of renewable energy certificates were sold, as per the official data. RECs are market-based instruments, and a REC is created […] Read more
