Apparel Brand Gap Signs 90 MW VPPA With Enel Green Power Updated On Mon, Aug 12th, 2019 by Saurenergy Gap has signed a 90 MW VPPA for the Aurora Wind Project with Enel Green Power, marking one of the largest offsite RE contracts by an apparel retailer. Global apparel retailer Gap Inc. has announced that it has signed a 90 MW virtual power purchase agreement (VPPA) for the Aurora Wind Project with Enel Green Power North America, marking one of […] Read more
Shell to Generate 7500 MWh Solar Power From new Rooftop Plants Updated On Tue, Aug 6th, 2019 by Saurenergy Shell will be installing rooftop solar plants on seven of its plants in India, China, Italy, Singapore and Switzerland, which will generate 7,500 MWh of power annually. Lubricants major Shell has announced that it will be installing rooftop solar plants on the roofs of seven of its plants in India, China, Italy, Singapore and Switzerland, which […] Read more
Solar Provides North Carolina Benefits Beyond the Grid: Report Updated On Tue, Jul 30th, 2019 by Saurenergy Solar energy provides North Carolina with environmental and health benefits that often are overlooked, according to a new report. Solar energy provides North Carolina with environmental and health benefits that often are overlooked, according to a new report. A study from the Environment North Carolina Research and Policy Center and Frontier Group found by curbing […] Read more
Fuel Subsidies 3-Times Higher Than EV Budget: Report Updated On Thu, Jul 25th, 2019 by Saurenergy A new study has revealed that fuel subsidies for petrol & diesel between Oct’18 and Jun’19 amounted to almost 3 times the 10,000 crore EV budget under FAME A new study has revealed that fuel subsidies for petrol and diesel in India, between October 2018 and June 2019 amounted to almost 3 times the three-year […] Read more
IFC Lends $35 mn to Promote Green Projects in Costa Rica Updated On Tue, Jul 23rd, 2019 by Saurenergy IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […] Read more
5X Increase in Renewable Jobs in 5 Years- Skills Council Report Updated On Wed, Jul 17th, 2019 by Saurenergy India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in FY18 by utility-scale solar, rooftop solar, and wind […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
India plans to establish 500 GW of RE capacity by 2030: MNRE Secretary Updated On Wed, Jun 26th, 2019 by Saurenergy India is planning to add 500 GW of renewable energy to its electricity mix by 2030 according to MNRE secretary Aanand Kumar. Speaking at the 17th meeting of International Renewable Energy Agency (IRENA) Council being held in Abu Dhabi, the MNRE Secretary said, “India would have installed 175 GW of RE capacity by 2022 without […] Read more
EVs Emit 67% Less than Conventional ICE Vehicles: Report Updated On Tue, Jun 25th, 2019 by Saurenergy A new report has revealed that an EV can generate up to 67% less GHG emissions than ICE car on a well-to-wheel basis but the location is a crucial factor. A new report has revealed that a typical mid-size electric vehicle (EV) can generate up to 67 percent lower greenhouse gas (GHG) emissions than a petrol-driven internal combustion engine (ICE) […] Read more
