Acciona Recycles Nissan’s Car Batteries to Store Solar Energy in Spain Updated On Wed, Jun 23rd, 2021 by Saurenergy Acciona, a multinational renewable energy conglomerate, has connected Spain’s first renewable storage plant using recycled batteries to the grid at the company’s experimental photovoltaic park in Tudela (Navarre). The set of four second-life batteries, with a combined capacity of 130kWh, will store the energy obtained from the 1.2MWp plant to later inject it into the grid […] Read more
Recurrent Energy’s Storage Footprint Grows in US, 11 GWh in Pipeline Updated On Wed, Jun 23rd, 2021 by Saurenergy Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc. announced yesterday that it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems (BESS) contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements. California’s […] Read more
Facebook Attained Net Zero Goal, 100% RE for Global Operations in 2020 Updated On Tue, Jun 22nd, 2021 by Saurenergy California-headquartered social media giant Facebook yesterday released its 2020 Sustainability Report, claiming that the company had met its goals of reaching net zero emissions and 100% renewable energy for its global operations. “We also reduced our greenhouse gas emissions by 94% from 2017 levels, exceeding our goal of a 75% reduction”, said the social media […] Read more
ISTS Waiver Extended By 2 Years For Solar, Wind Energy Updated On Tue, Jun 22nd, 2021 by Saurenergy “The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […] Read more
Lead – Nature Based Solutions Updated On Mon, Jun 21st, 2021 by Saurenergy WWF India is looking for a dynamic and motivated leader for one of its flagship programmes – the Climate and Nature Initiative (CNI) – focusing primarily in the State of Karnataka. The overall aim of CNI is to enhance the uptake of renewable energy in the rural spectrum while promoting low carbon economic development and […] Read more
Sri Lanka To Purchase 75% Equipment from India For India-funded Projects Updated On Mon, Jun 21st, 2021 by Saurenergy Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […] Read more
Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment Updated On Mon, Jun 21st, 2021 by Saurenergy Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE). The Rockefeller Foundation is focused […] Read more
2-Day Virtual Summit on Green H2 among BRICS Nations Starts Tomorrow Updated On Mon, Jun 21st, 2021 by Saurenergy Starting tomorrow, India is organising a two-day virtual summit (June 22, 2021 to June 23, 2021) on green hydrogen initiatives involving the BRICS (Brazil, Russia, India, China, and South Africa) nations. The event will be anchored by India’s largest power producer and one of the global energy majors, NTPC Ltd., a CPSU under Ministry of […] Read more
Biofuels: Empowering the Economy and Conserving the Environment Updated On Mon, Jun 21st, 2021 by Saurenergy Notwithstanding adversities of pandemic India is projected to report close to double digit GDP growth this year based on studies by renowned institutions. Thanks to huge domestic market consumption though exports are likely to remain subdued! The energy requirement of an economy is directly proportional to population and the momentum of development. Electricity and fuel […] Read more