‘Coal to Renewable Energy’ is Cheaper than ‘Coal to Gas’: TransitionZero Study Updated On Fri, May 20th, 2022 by Saurenergy A new study from TransitionZero says that a shift from coal to clean energy is cheaper than switching to gas. Production and use of energy is the reason behind climate change. Electricity and heat produced during the employment of energy in various uses causes 35% of GHGs across the world. Coal alone is the highest […] Read more
Alcoa Signs Contract for Renewable Power to Support Restart of Aluminum Smelter Updated On Fri, May 20th, 2022 by Saurenergy Alcoa Corporation has announced the signing of a contract for renewable energy to support the planned restart in 2024 of aluminum smelting at the San Ciprián smelter in Spain. The official statement of Alcoa has said that the long-term power purchase agreement (PPA) is with Greenalia, an independent renewable energy developer and producer. Subject to […] Read more
Solargis To Power Data Analysis Of Renewable projects for Apex in US Updated On Fri, May 20th, 2022 by Saurenergy Solargis, a leading solar data and software services firm, has provided its high-resolution, granular resource and meteorological data to leading U.S. independent power producer Apex Clean Energy (Apex). The data has been deployed to optimize over 120 of Apex’s solar projects during design, development, and operations – while enabling projects to better integrate advanced technologies […] Read more
RWE Issues €2 billion Green bond For Renewable Play Updated On Thu, May 19th, 2022 by Saurenergy In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […] Read more
UN Secy Gen Calls Renewable Energy A Lifeline To World Updated On Thu, May 19th, 2022 by Saurenergy UN Secretary-General António Guterres raised an alarm on May 18 that while time is running out to prevent the worst impacts of the climate crisis, there is a ‘lifeline’ of renewable energy right in front of us. A video message by UN Secretary General said, “We must end fossil fuel pollution and accelerate the renewable […] Read more
As US Continues Pressure On Chinese Manufacturers, Solar Growth Stalls Updated On Wed, May 18th, 2022 by Saurenergy The long running investigation into dumping, or imports from China into the US continues on its run, impacting firms, and now, it seems overall solar growth in the US in a big way. As one of the world’s largest solar export markets and one that offers higher margins than many, the US market has long […] Read more
New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA Updated On Tue, May 17th, 2022 by Saurenergy A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […] Read more
Indian Gas Exchange Receives PNGRB Permission To Commence Domestic Gas Trading Updated On Thu, May 12th, 2022 by Saurenergy The Indian Gas Exchange (IGX), India’s first authorised Gas Exchange, has received approval from Petroleum and Natural Gas Regulatory Board (PNGRB) to trade domestic gas on its platform. IGX will launch the domestic gas trading starting 16th May 2022. This approval is in line with MoPNG’s notification dated 19 August’21 where domestic gas producers were […] Read more
Hanwha invests $320M in cell, module mfg capacity expansion Updated On Thu, May 12th, 2022 by Saurenergy Hanwha Solutions, a Korean company that owns clean energy solutions provider Qcells, has announced a $320 million investment plan for solar manufacturing expansion in the United States and Korea with the aim of providing secure, cleaner energy amid mounting calls for energy security and net-zero emissions. Hanwha said it will seek to spend $170 million […] Read more
