Wind & Solar to Produce 90% Electricity in North America by 2050: NARIS Updated On Wed, Jun 30th, 2021 by Saurenergy Canadian Renewable Energy Association (CanREA) has welcomed the release of the North American Renewable Integration Study (NARIS), considered to be the most comprehensive long-term analysis of power system evolution to date on the North American grid. NARIS shows that, between now and 2050, solar energy and wind energy are poised to contribute the greatest proportion […] Read more
Canada Launches $800 M RE & Grid Modernisation Program Updated On Fri, Jun 4th, 2021 by Saurenergy Seamus O’Regan Jr., Canadian Minister of Natural Resources, recently launched a CAD 964 million (USD 800 mn) program that will support smart renewable energy and grid modernisation projects over four years, aiming to lower emissions and help the country achieve carbon neutrality by 2050. “Our new Smart Renewables and Electrification Pathways Program will increase our […] Read more
BP Acquires 9 GW Solar Portfolio in the U.S. Updated On Wed, Jun 2nd, 2021 by Saurenergy British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […] Read more
Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital? Updated On Tue, Jun 1st, 2021 by Saurenergy In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more
EU-Africa Green Investment Forum highlights Africa’s Green Growth scope Updated On Mon, Apr 26th, 2021 by Saurenergy Last Friday, United Nations Secretary General Antionio Guterres and European Commission President Ursula von der Leyen opened the EU-Africa Green Investment Forum- the largest event for dialogue centred on investment in Africa to take place since the beginning of the coronavirus global pandemic. Hosted by EU Portuguese Presidency and the European Investment Bank, the event was attended […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
And the 2021 BNEF Pioneers Are… Updated On Fri, Apr 9th, 2021 by Saurenergy The BloombergNEF Pioneers Competition– an annual technology and innovation contest started in 2010has announced the 12 winners of the 2021 edition of the competition. The winners list includes Convoy, Nautilus Labs, and EConcrete among others which were chosen from over 250 applications received from 36 countries. Previous winners have ensured the award is a […] Read more
Largest Solar Project in US History Gets Government Approval Updated On Tue, May 12th, 2020 by Saurenergy US Department of the Interior and the Bureau of Land Management have granted approval to construct and operate the largest solar project in US history. The United States (US) Department of the Interior and the Bureau of Land Management (BLM) have announced that they have granted approval for the proposal to construct and operate the largest […] Read more
