Coal Plant Closures Imminent as Renewable Energy Surges in Australia: IEEFA Updated On Fri, Feb 26th, 2021 by Saurenergy Several coal power plants in the National Electricity Market likely to be financially unviable by 2025 (IEEFA Australia): Several of the 16 coal power plants in the National Electricity Market (NEM) will be financially unviable and at least one is likely to face closure several years sooner than planned due to coal plants’ poor flexibility […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
XL Fleet Partners With UBS Arena & New York Islanders for 1000 EV Charging Stations Updated On Fri, Feb 26th, 2021 by Saurenergy US-based vehicle electrification solutions provider, XL Fleet has announced its partnership with UBS Arena and the New York Islanders to explore the deployment and operation of 1,000 electric vehicle (EV) charging stations at the new UBS Arena. USB Arena is New York’s next premier entertainment and sports venue and future home of a professional ice […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
3-Wheeler Manufacturer Piaggio Enters EV Industry, Launches Ape e-Xtra FX Segment Updated On Wed, Feb 24th, 2021 by Saurenergy The pioneer of 3-wheeler goods transportation in India, Piaggio Vehicles has entered the electric vehicle (EV) industry. Piaggio has launched a new e-cargo segment, Ape’ e-Xtra FX. The company has launched this FX range (fixed battery) of EVs in both the cargo and passenger segments, as it has also launched the 2021 version of its […] Read more
IRENA Report Identifies Policy Measures to Advance Jordan’s Transition to Renewables Updated On Tue, Feb 23rd, 2021 by Saurenergy Renewables readiness assessment report highlights seven key action areas to accelerate the country’s uptake of renewables A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the energy transition towards renewable energy in Jordan. The Renewables Readiness Assessment: The Hashemite Kingdom of […] Read more
Large Module Sizes Find Their Way, as Suppliers Roll out Compatible Equipment Updated On Tue, Feb 23rd, 2021 by Saurenergy The latest trend in solar modules for larger-sized modules, caused by the pressure to show ever-increasing output is finally finding a clear pathway. Module output, which has seen major increases in the past few months on the back of these new larger modules now has support in the form of key suppliers like inverters, and […] Read more
Hydrogen Rolling With $300 Billion Commitment To Projects by 2030 Updated On Mon, Feb 22nd, 2021 by Saurenergy The Hydrogen Council, a global CEO-led initiative of 92 leading energy, transport, industry, and investment companies with a vision to develop the hydrogen economy has released a report titled, ‘Hydrogen Insights 2021: A Perspective on Hydrogen Investment, Deployment, and Cost Competitiveness’. The report, made by Mckinsey and Co, highlights the rapid acceleration of hydrogen projects […] Read more
CSC SPV Launches Rural e-Mobility Program to Promote EVs in Rural India Updated On Mon, Feb 22nd, 2021 by Saurenergy Common Services Centre (CSC) e-Governance Services Limited, a Special Purpose Vehicle (SPV) by the Ministry of Electronics and IT, has announced a rural e-mobility program urging people to switch to electric vehicles (EVs) to preserve the environment and reduce carbon emissions. CSC scheme is one of the mission mode projects under the Digital India Program. […] Read more