Hitachi’s Transmission Project Stabilizes RE Supply To Australian Power Grid Updated On Fri, May 24th, 2024 by Saurenergy Switzerland-based Hitachi Energy was recently selected by Marinus Link Pty Ltd (MLPL), jointly owned by the Australian, Tasmanian, and Victorian governments to supply a high-voltage direct current (HVDC) project. This project is expected to augment the connection between mainland Australia and Tasmania’s grid. The transmission project is an approximately 345-kilometer cable route HVDC system and […] Read more
Green Stocks May 24: Waaree, Inox See Highest Rise Of Stock Prices Updated On Fri, May 24th, 2024 by Saurenergy In the last one day, two out of 12 green stocks witnessed a 5 percent rise in their stock prices. These included–Inox Wind Energy, and Waaree Renewable leading the way with a 5% each. On the other hand, remaining green companies witnessed a decline with Suzlon Energy, taking the hit with 4.99% dip. Other companies […] Read more
Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions Updated On Fri, May 24th, 2024 by Saurenergy There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […] Read more
Microsoft Inks Deal With RWE To Purchase Wind Power From 446 MW Texas Farm Updated On Fri, May 24th, 2024 by Saurenergy RWE, the US-based renewable energy company, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase clean electricity from two new RWE onshore wind farms in Texas. The official groundbreaking for the RWE Peyton Creek II onshore wind farm has just taken place and for the Lane City […] Read more
Renewable Careers- Courses That Promise A Career Push Updated On Fri, May 24th, 2024 by Saurenergy “Should you get a degree in renewable energy?” is the question of the week. With global warming reaching critical levels, governments across the world are scrambling to set up renewable energy sources, whether it be wind, hydro or solar farms. New jobs will be created, most of them being paying well. This is where an […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more
May 23- For a Change Market Plays Catch Up With Green Stocks Updated On Thu, May 23rd, 2024 by Saurenergy On a day when the broader Nifty Index was up almost 1.6%, most green energy stocks trailed market gains. While Waaree Renewable Technologies remained locked into the lower 5% circuit, other EPC players like Sterling and Wilson Renewable also dropped appreciably, while KPI Green managed to hold on to morning gains at close as well. […] Read more
Green Energy Stocks May 22- Developers Day, As EPC Firms Lose Out Updated On Wed, May 22nd, 2024 by Saurenergy It was a tough day for EPC players listed on the stock markets today, as Waaree Renewable Technologies remained locked at the lower circuit, and was joined by Shakti Pumps as well. Seeing a reversal was also Sterling and Wilson Renewable Energy, while KPI Green managed to escape with a relatively lower price drop. What […] Read more
AI’s Growing Energy Footprint: The Hidden Cost of Our Digital Future Updated On Wed, May 22nd, 2024 by Saurenergy It’s time to talk about Artificial Intelligence (AI), and its possible impact on the environment. Convenient as it may be, AI is an energy hog. A single ChatGPT query requires 2.9 watt-hours of electricity, compared with 0.3 watt-hours for a Google search, according to the International Energy Agency. At present, data centers worldwide consume 1-2% […] Read more