China’s CO2-intensive Belt Road Initiative Threat to Environment: Report Updated On Tue, Sep 7th, 2021 by Saurenergy While China has termed Belt Road Initiative (BRI) environmentally sustainable and green, it is a threat to climate change and is responsible for causing environmental degradation as almost 90 per cent of its energy projects are carbon-intensive and operate on fossil fuel, think tank International Forum For Rights and Security (IFFRAS) has recently noted. The BRI […] Read more
EDF, California Community Group Sign 300 MW Solar+Storage PPA Updated On Tue, Sep 7th, 2021 by Saurenergy EDF Renewables North America (EDFR) and Clean Power Alliance (CPA) have signed a 15-year Power Purchase Agreement (PPA) for the Desert Quartzite Solar-plus-Storage project, which consists of of a 300 megawatt (MWac) solar project coupled with a 600 MWh battery energy storage system (BESS). The project is expected to begin delivery of clean electricity to […] Read more
Belgian Companies Unveil ‘World’s 1st H2-powered Excavator’ Updated On Fri, Sep 3rd, 2021 by Saurenergy Belgian companies CMB.TECH (a hydrogen solutions firm) and Luyckx (a crane equipment manufacturer) have recently presented the “first hydrogen-powered dual fuel excavator,” which is meant to provide gradual ecological development within the heavy construction and earthmoving sector. With this machine, companies within the sector can embark on energy transition with today’s machines without being permanently dependent […] Read more
Lowest Bid of $0.01332/kWh Reported in Chile’s Renewables Auction Updated On Thu, Sep 2nd, 2021 by Saurenergy The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable energy auction last week, in which the lowest bid was submitted for $0.01332/kWh for a solar PV project. 29 bidders took part in the bidding process, which was conducted by Empresas Eléctricas AG and by Enel, to provide electricity to the National Electric System […] Read more
Scientists in Korea Increase Efficiency of Green H2 Production Updated On Wed, Sep 1st, 2021 by Saurenergy A team of researchers from Pusan National University, Korea, led by Professor Kandasamy Prabakar, has developed a method to design a novel electrocatalyst that can eliminate issues of efficiency in the production of green hydrogen through electrolysis. Their work was made available online on April 6, 2021, and will be published in print in the […] Read more
Denmark Invites Bids for Third Technology-neutral Tender Updated On Fri, Aug 27th, 2021 by Saurenergy The Danish Energy Agency (DEA) has invited bids for a technology-neutral tender, where solar cell systems, wind turbines, wave energy plants and hydropower plants can compete for support. This is the third such tender launched by Denmark and will back around 428 MW of renewable energy projects using DKK 1.2 billion ($189.5 million) in state funds. The […] Read more
48 MW Scottish Offshore Wind Project Fully Installed Updated On Tue, Aug 24th, 2021 by Saurenergy The 48MW Kincardine Offshore Wind project, touted as “the world’s largest installed floating offshore wind farm,” has been fully installed now. It is expected to generate enough electricity to power approximately 55,000 Scottish households. Last year, Scotland narrowly missed a target to generate the equivalent of 100% of its electricity demand from renewables. The figure […] Read more
Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question Updated On Thu, Aug 19th, 2021 by Saurenergy The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […] Read more
IKEA To Start Selling Renewable Electricity To Swedish Households Updated On Wed, Aug 18th, 2021 by Saurenergy IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […] Read more
