DMG and Argo Team Up To Decarbonise Cryptocurrency Updated On Tue, May 18th, 2021 by Saurenergy In a joint statement released yesterday, DMG Blockchain Solutions Inc. and Argo Blockchain Plc announced their partnership in the Crypto Climate Accord (CCA) to promote the decarbonization of the cryptocurrency industry. Alongside the CCA, DMG and Argo are developing a new working group to more clearly outline the CCA’s objectives, while deploying new technologies that […] 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
JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment Updated On Mon, May 17th, 2021 by Saurenergy JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
Airports A Better Option Than Households for Rooftop Solar- RMIT University Study Updated On Mon, May 10th, 2021 by Saurenergy According to a recent study by RMIT University (The Royal Melbourne Institute of Technology) , if Australian government-owned airports had large-scale rooftop solar systems installed, they could produce enough electricity to power 136,000 homes. That makes airports a far more attractive and effective prospects for rooftop solar, than a campaign targeting households. Researchers at RMIT […] Read more
EDF Renewables NA Bags Three Solar Contracts From NYSERDA Updated On Thu, May 6th, 2021 by Saurenergy San Diego-headquartered independent power producer EDF Renewables North America announced yesterday that the company was awarded long-term contracts for three solar projects by New York State Energy Research and Development Authority (NYSERDA) as part of the 2020 Renewable Energy Standard Solicitation. Combined, the projects are expected to deliver a total of 303 MW of clean […] Read more
AEP Energy and GEG Signs PPA For 1.65 GW Solar Project Updated On Thu, May 6th, 2021 by Saurenergy US based electric energy supplier and a subsidiary of American Electric Power, AEP Energy has signed a Power Purchase Agreement (PPA) with Global Energy Generation LLC, a developer of renewable energy projects in the Midwest and Mid-Atlantic regions. The PPA has been signed for a 1.65 gigawatt (GW) Mammoth Solar 1 project in Indiana. What […] Read more
BLM Approves $550 Million Crimson Solar Project in California Desert Updated On Thu, May 6th, 2021 by Saurenergy The United States Interior Department has announced that the Bureau of Land Management (BLM) has given final approval to a Crimson solar energy project on public lands in the California desert. The Crimson Solar Project is capable of delivering enough power to energize approximately 87,500 homes, it has an estimated investment of USD 550 million. […] Read more
European Commission Approves €400 Mn Renewable Energy aid for Denmark Updated On Wed, May 5th, 2021 by Saurenergy The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […] Read more