CalWave Commissions Open-water Wave Energy Pilot in California Updated On Thu, Oct 14th, 2021 by Saurenergy US firm CalWave has announced it has successfully commissioned its CalWave x1™ off the coast of San Diego, marking the beginning of California’s first at-sea, long-duration wave energy pilot operating fully submerged. The project is supported by the U.S. Department of Energy (DOE) funding, with the goal to demonstrate CalWave’s scalable and patented xWave technology. […] Read more
Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’ Updated On Thu, Oct 14th, 2021 by Saurenergy A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […] Read more
Co-Investing and Developing Green Technologies Only Pathway For India To Achieve Net Zero: Report Updated On Wed, Oct 13th, 2021 by Saurenergy India’s net zero goals, where the country has firmly resisted any pressure to provide a deadline, was the focus of a report by the Council on Green Energy and Water (CEEW). The report posits that India’s total installed solar power capacity would need to increase to 5630 gigawatt (GW) if it were to commit to […] Read more
Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä Updated On Mon, Oct 11th, 2021 by Saurenergy Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […] Read more
Manager – Corporate Taxation Updated On Mon, Oct 11th, 2021 by Saurenergy Responsible to ensure direct tax compliances including transfer pricing for one or more of Schneider India legal entity(ies). Responsible for IT computation, filing of IT returns and filing of TP certificates. Support in managing Tax assessments/ audits/ litigations, drafting replies/ appeals, dealing with consultants/ advocates. Interface with the Auditors and support the finance team in […] Read more
ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia Updated On Fri, Oct 8th, 2021 by Saurenergy Saudi Arabia’s ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD […] Read more
Neoen Commissions its 208 MWp Solar Park in Argentina Updated On Fri, Oct 8th, 2021 by Saurenergy Neoen, an independent producer of renewable energy exclusively, has commissioned its Altiplano 200 solar power plant — a 208 MWp solar park located in the Salta province of Argentina. Benefitting from some of the world’s best sun exposure, Altiplano will be producing 650,000 MWh of solar powered electricity per year, equivalent to the annual electricity […] Read more
Fortescue Metals Acquires 60% Stake in RE Firm HyET Updated On Thu, Oct 7th, 2021 by Saurenergy Fortescue Metals’s green energy unit has bought a 60% stake in Dutch-based renewable firm High yield Energy Technologies (HyET) Group in a bid to cut costs and boost green energy production. “HyET Hydrogen’s technology will support FFI in reducing costs in other areas of the green hydrogen supply chain,” said Julie Shuttleworth, chief executive officer […] Read more
6 Myths Blown Away By India’s Power Crisis Updated On Thu, Oct 7th, 2021 by Saurenergy The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […] Read more
