Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac Updated On Thu, May 20th, 2021 by Saurenergy Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […] Read more
California State Fund Begins Construction of Solar Energy Program Designed by ENGIE Updated On Thu, May 20th, 2021 by Saurenergy State Compensation Insurance Fund (State Fund), California’s leading provider of workers’ compensation insurance, today announced that construction has begun on an extensive sustainability and solar energy program that includes solar, electric vehicle charging stations and energy storage at seven locations throughout California. Designed and constructed by ENGIE North America, through its affiliate ENGIE Services U.S. […] Read more
India Moves to 3rd in Latest Renewable Energy Attractiveness Index Updated On Thu, May 20th, 2021 by Saurenergy A piece of positive news has come from Ernst & Young Global Limited (EY), which released its 57th Renewable Energy Country Attractiveness Index (RECAI) yesterday, granting the third position to India due to its continued progress in solar energy. The biannual RECAI ranks the world’s top 40 markets on the attractiveness of their renewable energy investment […] Read more
Govt Order to Support Next Gen Clean Energy Tech is Welcome: ARENA Updated On Wed, May 19th, 2021 by Saurenergy The Australian Government has today implemented changes to the Australian Renewable Energy Agency’s (ARENA) legislation that will enable the agency to support the next generation of energy technologies. ARENA will continue to support Australian innovation and R&D in renewable energy, as well as low, zero and negative emissions technologies. The broadened remit will allow ARENA […] Read more
AC Energy to Develop Largest Wind Farm in Philippines at 160 MW Updated On Wed, May 19th, 2021 by Saurenergy AC Energy has started construction of the 160 MW Balaoi & Caunayan wind farm, the biggest wind farm in the Philippines to date. AC Energy is moving closer to its 2025 goal of achieving 5,000 MW of renewable energy target with the start of construction of the 160MW Balaoi & Caunayan wind farm, the biggest […] Read more
Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
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
SkySpecs Acquires Wind Energy Tech Companies Fincovi and Vertikal AI Updated On Mon, May 17th, 2021 by Saurenergy Michigan-headquartered wind energy technology company SkySpecs announced today that it has acquired two of Europe’s premier wind energy companies: Fincovi, a leader in financial asset management, and Vertikal AI, a pioneer in predictive maintenance for wind energy. The combined entity brings together world-class data insight and automation to help wind farm owners and operators to […] Read more
Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA Updated On Mon, May 17th, 2021 by Saurenergy According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […] Read more
