How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
UL Acquires Solar Analytics Firm Clear Sky Analytics Updated On Tue, May 18th, 2021 by Saurenergy UL, a global safety science leader and one of the world’s top advisors on the development, evaluation and optimization of renewable energy projects, today announced the acquisition of solar analytics company Clear Sky Analytics’ proprietary software platform and related assets. Clear Sky Analytics co-founders Ajay Saproo and John Corson will also join UL. Clear Sky […] Read more
JPMorgan Chase Releases Carbon Reduction Targets for Paris-Aligned Financing Commitment Updated On Mon, May 17th, 2021 by Saurenergy JPMorgan Chase today released comprehensive steps it is taking in its efforts to align its financing activities with the climate goals of the Paris Agreement. As part of its Paris-aligned financing commitment announced last fall, the firm has published 2030 carbon intensity targets for the Oil & Gas, Electric Power and Auto Manufacturing sectors. JPMorgan […] Read more
Generate Announces Unique Partnership With Starbucks to Supply Clean Energy Updated On Fri, May 14th, 2021 by Saurenergy Projects to Expand Access to Clean Energy for Starbucks stores and up to 24,000 Households, Small Businesses, Churches, Non-Profits and Universities Generate, a leading provider of sustainable infrastructure, announced today that it has put the first six of up to 23 New York State community solar projects into service under an innovative multi-year facility with Starbucks […] Read more
TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
MSEDCL Issues Tender for 500 MW Solar-Wind Hybrid Project Updated On Wed, May 12th, 2021 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has issued a tender inviting bids for procuring 500 MW wind-solar hybrid power on a long-term basis from grid-connected interstate and intrastate projects. The projects shall be awarded through competitive bidding followed by reverse auction. MSEDCL will enter into a 25 years long power purchase agreement (PPA) with the […] Read more
Suncor and ATCO Partner to Produce Clean Hydrogen in Alberta Updated On Wed, May 12th, 2021 by Saurenergy Two Canadian energy companies, Suncor and ATCO have announced that they will be working together to build a clean hydrogen project near Fort Saskatchewan, Alberta with an estimate to produce 300,000 tonnes of clean hydrogen per year. The clean hydrogen project is in the early stages of developments including design and engineering. This project would […] Read more
EIB Provides €100 million to Dolomiti Energia for Energy Efficiency and Combating Climate Change Updated On Wed, May 12th, 2021 by Saurenergy The European Investment Bank (EIB) and Dolomiti Energia Group have signed a €100 million finance contract to support the company’s 2021-2024 development plan. The investment is in line with Italian and European energy and environment policies for achieving the objectives of the energy transition, decarbonisation and sustainable networks. In particular, the resources will support Dolomiti Energia in projects […] Read more
Macquarie to Sell UK C&I Smart Meter Portfolio to Energy Assets Group Updated On Wed, May 12th, 2021 by Saurenergy Macquarie Specialised and Asset Finance (Macquarie) – part of Macquarie’s Commodities and Global Markets Group – has successfully divested Cortex Metering Solutions (CMS), a UK industrial and commercial (I&C) smart meter portfolio, to Energy Assets Group (Energy Assets). With more than 600,000 meters rented to more than 80 energy suppliers throughout Great Britain (GB), CMS […] Read more
