Bank of America Meets 100% Renewable Electricity Goal a Yr Ahead Updated On Tue, Jan 21st, 2020 by Saurenergy American lender Bank of America (BoA) on Tuesday said it has met its 100 percent renewable electricity (or carbon neutrality) goal a year ahead of its schedule. However, it is pending to the third-party verification. It was accomplished by reducing Scope 1 and 2 emissions from its facilities, purchasing 100 percent renewable power and buying […] Read more
Wärtsilä Inks O&M Pact for 132 MW Bahamian Power Plant Updated On Tue, Jan 21st, 2020 by Saurenergy Wärtsilä entered into a 2-year operation and maintenance (O&M) agreement with the Bahamas Power and Light Company Ltd (BPL), an electricity supplier company in the Bahamas. The agreement was signed for a 132 MW power plant in The Commonwealth of Bahamas, which was supplied and built by Wärtsilä itself. Recently in the month of December […] Read more
The Azure Power Investor Presentation for 2020-2025- Highlights Updated On Tue, Jan 21st, 2020 by Saurenergy As one of the few firms that are publicly listed, the Inderjeet Wadhwa founded Azure Power, listed at the NYSE (New York Stock Exchange in October 2016), Azure Power commands a special cachet in the Indian solar sector. Unlike many of its peers, not only has it stuck to solar, but also narrowed its focus […] Read more
Energy Storage Industry Seeks Relief in Sitharaman’s Budget 2020 Updated On Sat, Jan 18th, 2020 by Saurenergy Powered by expectations of favourable Budget from the Finance Minister Nirmala Sitharaman on February 1, the energy storage industry body India Energy Storage Alliance (IESA) has provided its recommendations for the upcoming Union Budget 2020. From Sitharaman’s second Union Budget, the energy storage industry is expecting various measures including cut in goods and services tax […] Read more
Siemens Gamesa Closes 2019 With 1.2 GW in new Installations in Spain Updated On Sat, Jan 18th, 2020 by Saurenergy Siemens Gamesa closed 2019 in Spain with the installation of a new record of 1.2 GW or 375 wind turbines Siemens Gamesa closed its Spanish business with a successful year in 2019 with the installation of a new record of 1.2 GW, or 375 turbines, the highest amount of any year in the last decade. […] Read more
Green Energy Surged in Britain Over Last 3 Years: Report Updated On Sat, Jan 18th, 2020 by Saurenergy Green energy has surged in Britain over the last three years, according to survey data which also highlighted accelerating investment in wind power. Green energy has surged in Britain over the last three years, according to survey data published which also highlighted accelerating investment in wind power. Turnover in Britain’s low carbon and renewable energy sector expanded […] Read more
Direct Energy Works With Sprint for 100% RE in Virginia Operations Updated On Fri, Jan 17th, 2020 by Saurenergy Sprint and Direct Energy have announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. American telecommunications company, Sprint and Direct Energy Renewable Services has announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. This agreement […] Read more
Fortum to Acquire Battery Recycling Specialist Crisolteq Updated On Fri, Jan 17th, 2020 by Saurenergy Fortum is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in li-ion batteries. Fortum has announced that it is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in lithium-ion batteries. The investment strengthens Fortum’s position […] Read more
Renewable Investments up 1% YoY in 2019, India Records 14% Less Updated On Fri, Jan 17th, 2020 by Saurenergy Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1% from 2018, India saw an investment of USD 9.3 billion, down 14% Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1 percent from 2018’s USD 280.2 billion, with the world’s biggest market (China) slipping back, but […] Read more