Global Fossil Fuel Subsidies Stand at $6 Trillion: IMF Updated On Mon, Sep 27th, 2021 by Saurenergy New research produced by the International Monetary Fund (IMF) estimates global fossil fuel subsidies at about US$6 trillion (i.e. 6.8 percent of global GDP), with more than 70 percent reflecting undercharging for the environmental costs pertaining to the fuels, revealed IMF Managing Director Kristalina Georgieva at a recent UN energy summit. The IMF had previously estimated […] Read more
Data Scientist Updated On Fri, Sep 24th, 2021 by Saurenergy As a Data Scientist you will work in collaboration with our business and engineering people, on creating value from data. Often the work requires solving complex problems by turning vast amounts of data into business insights through advanced analytics, modelling and machine learning. You have a strong foundation in analytics, mathematical modelling, computer science, and […] Read more
$50 M to Ramp up Microgrids in Regional Australia: ARENA Updated On Fri, Sep 24th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced the launch of the $50 million Regional Australia Microgrid Pilots Program (RAMPP) to support microgrid pilot projects across regional Australia. Announced in the 2020-21 Federal Budget, the six year program aims to improve the resilience and reliability of electricity supply […] Read more
Dupont Signs VPPA With NexEra Energy for 135 MW of Wind Energy Updated On Fri, Sep 24th, 2021 by Saurenergy DuPont (NYSE: DD) announced on September 23 that it has signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC with a generation capacity of the equivalent of 135 megawatts of new wind energy in Texas. The agreement, subject to customary performance conditions, supports DuPont’s Acting on Climate goal of reducing […] Read more
Appliance Standards & Labelling Effective at Reducing Energy Use: IEA Updated On Thu, Sep 23rd, 2021 by Saurenergy Policies that introduce minimum efficiency performance standards and energy-consumption labelling on appliances and equipment have led to reduced power consumption, lower carbon emissions, and cost savings for consumers, according to analysis published today by the International Energy Agency (IEA) and the 4E Technology Collaboration Programme (4E TCP). The report’s findings are drawn from nearly 400 […] Read more
EKI Energy to Expand Operations in More Countries by March-end Updated On Thu, Sep 23rd, 2021 by Saurenergy Global green consultancy firm EKI Energy Services Ltd (EnKing International) has said that it has drawn aggressive plans to expand its footprints in the carbon credit market to more countries across the globe by the end of this financial year from 18 nations at present. EnKing International provides consulting services related to climate change, sustainability […] Read more
LG Energy Solution Takes Over US-based NEC Energy Solutions Updated On Wed, Sep 22nd, 2021 by Saurenergy South Korean lithium-ion battery manufacturer LG Energy Solution (LG ES) has acquired US-based sector player NEC Energy Solutions from NEC Corporation for an undisclosed sum. The news was unveiled on Friday by BDA Partners, which served as the exclusive financial advisor to LG on the transaction. Japan’s NEC Corporation has transferred all shares in NEC Energy […] Read more
AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition Updated On Wed, Sep 22nd, 2021 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […] Read more
Solis Shines At REI 2021 Expo, Showcases Next Generation High Efficiency Inverters Updated On Wed, Sep 22nd, 2021 by Saurenergy Ginlong Technologies (Solis) participated in the recently concluded Renewable Energy India Expo 2021 (REI Expo 2021) in Greater Noida, India. The Solis team received good response from the solar industry, witnessing massive footfalls at its state-of-art showcase booth, the largest at the venue. Solis, a global leader in smart photovoltaic string inverters showcased their best […] Read more