Ameresco to Mitigate California’s Electricity Issues with 2GWh BESS Updated On Tue, Oct 26th, 2021 by Saurenergy Ameresco, a cleantech integrator and renewable energy asset developer, owner and operator, has entered into a contract with Southern California Edison (SCE) to design and build three grid scale battery energy storage systems (BESSs) at existing substation parcels throughout SCE’s service territory in California. Due to the impact of the extreme weather events in the […] Read more
India Most ‘Cost-effective’ in Rooftop Solar Power; Beats China, UK & US Updated On Fri, Oct 22nd, 2021 by Saurenergy A global study has found that India is the most cost-effective country for generating rooftop solar energy at USD 66 per megawatt-hour, while the cost in China is marginally higher at USD 68 per megawatt-hour. Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial […] Read more
Renewable Energy Jobs Reach 12 Million Globally: IRENA Updated On Fri, Oct 22nd, 2021 by Saurenergy Renewable energy employment worldwide reached 12 million last year, up from 11.5 million in 2019, according to the eighth edition of Renewable Energy and Jobs: Annual Review 2021. The report was released by the International Renewable Energy Agency (IRENA) in collaboration with the International Labour Organization (ILO) at a high-level opening of IRENA’s Collaborative Framework […] Read more
GoodWe Commits To Energy Storage Solutions Updated On Fri, Oct 22nd, 2021 by Saurenergy At this year’s Bloomberg New Energy Finance (BNEF) Summit, GoodWe’s campaign will focus on practical solutions on how the energy needs of the future can be met in order to realize the net-zero goals set by companies, cities, and countries worldwide. GoodWe has made it its goal to develop energy storage solutions that will enable […] Read more
EY Study Shows Rise of ‘Omnisumer’: Customers of New Energy Solutions Updated On Thu, Oct 21st, 2021 by Saurenergy A perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centers around renewables and infrastructure, it mostly overlooks the customer. EY has conducted a survey of 34,000 energy consumers across 17 countries to understand their shifting needs, values and expectations, and the results present […] Read more
Sungrow Reaches Milestone for Sending 5 GW in Latin America Updated On Thu, Oct 21st, 2021 by Saurenergy Sungrow, which provides inverter solutions for renewable energy, announced at Intersolar South America 2021, held in São Paulo from Oct. 18-20, that its shipments cumulative sales for Latin America exceeded 5 GW. This demonstrates Sungrow’s commitment to sustainable development and efforts to diversify the local energy sector and decarbonise, said the company. With a continuous […] Read more
Climate Tech Firm CarbonCapture Closes $35 M Series A Funding Updated On Thu, Oct 21st, 2021 by Saurenergy CarbonCapture, a climate tech company that makes machines that remove CO2 directly from the atmosphere, has announced the closing of a $35 million Series A funding round and the appointment of Adrian Corless as CEO. CarbonCapture will use the funds to accelerate product development efforts and to establish initial deployments of its renewable energy-powered Direct […] Read more
REC Raises 5 Year Loan Of $75 million From SMBC Updated On Thu, Oct 21st, 2021 by Saurenergy In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […] Read more
John Kerry Gives a Huge Solar Endorsement at ISA Assembly Keynote Updated On Thu, Oct 21st, 2021 by Saurenergy At the International Solar Alliance’s (ISA) fourth general assembly, John Kerry, U.S. Special Presidential Envoy for Climate and 68th U.S. Secretary of State, delivered the keynote address. In his address, Kerry highlighted the opportunities in the solar sector towards climate action and India as an investment destination for solar power. 106 countries are participating in […] Read more
