Top 10 States for Renewable Energy Installations in Last 4 Years Updated On Fri, May 15th, 2020 by Saurenergy A list of the top 10 states that have implemented the maximum amount of renewable energy projects in the last four years. As part of Intended Nationally Determined Contributions as per the Paris Accord on Climate Change, India has undertaken to install at least forty percent of its total electricity generation capacity from non-fossil fuel […] Read more
Spruce Finance Acquires Clearway Energy’s Residential Solar Assets Updated On Fri, May 15th, 2020 by Saurenergy Spruce Finance has announced that it has bought Clearway Energy’s entire portfolio of residential solar assets in the US worth around 53 MW. Spruce Finance, the largest private owner and operator of distributed generation solar residential assets in the US, has bought Clearway Energy’s entire portfolio of residential solar assets. The deal is Spruce’s largest […] Read more
Nearly 600,000 Clean Energy Jobs Lost in the US due to Pandemic: Report Updated On Thu, May 14th, 2020 by Saurenergy A new report has revealed that April saw at least 447,200 new clean energy jobs lost, bringing the total to 594,300 since the beginning of the pandemic. A report tracking the impact of the Coronavirus pandemic on US employment has revealed that April brought clean energy job losses triple those seen in March, for an […] Read more
Renewable Energy Industry Reacts to Rs 90k Cr Stimulus for Discoms Updated On Thu, May 14th, 2020 by Saurenergy The recently announced infusion of liquidity worth Rs 90,000 crore to Discoms against their receivables has been well received by the industry. After PM Narendra Modi had announced a new Rs 20 trillion stimulus package in his recent messages to the public, Finance Minister Nirmala Sitharaman came to the rescue of the power sector in […] Read more
EV, Battery Storage to Lead Non-Power Generation Technology Investments by G20 Countries Updated On Wed, May 13th, 2020 by Saurenergy Electric vehicles (EVs) and battery storage lead in the current and planned non-power generation technology in which senior business leaders from G20 countries have invested in or are committed to investing in, as said by an international law firm. The law firm Ashurst in its new research report – Powering Change – Energy in Transition, […] Read more
Ameresco Partners with New Hampshire on Energy Savings Performance Contract Updated On Tue, May 12th, 2020 by Saurenergy Ameresco is partnering with the State of New Hampshire for undertaking energy conservation measures at over 20 state facilities Ameresco, a leading energy efficiency and renewable energy company, has announced that it is partnering with the State of New Hampshire on an energy savings performance contract (ESPC) that will allow for energy conservation measures at […] Read more
Philippines Central Bank Offers Support for Energy Transition and Renewables: IEEFA Updated On Mon, May 11th, 2020 by Saurenergy The Philippines’ Central Bank has approved a Sustainable Finance Framework to offer new support for energy transition and renewables. The Philippines’ Central Bank (Bangko Sentral ng Pilipinas) has approved a Sustainable Finance Framework to safeguard the financial system from the evolving material hazards from climate change and energy transition risk including stranded assets, the Institute […] Read more
Iberdrola Acquires French Renewables Firm Aalto Power for €100 Mn Updated On Fri, May 8th, 2020 by Saurenergy Iberdrola has signed an agreement for the acquisition of the French renewable energy company Aalto Power for 100 million euros. Spanish multinational electric utility Iberdrola has announced that it has signed an agreement for the acquisition of the French renewable energy company Aalto Power, which is owned by Aiolos and Caisse des Dépôts et Consignations, for […] Read more
‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’ Updated On Thu, May 7th, 2020 by Saurenergy Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […] Read more
