Transmission Policy Would Unlock Clean Energy Growth: ACEG Updated On Wed, May 12th, 2021 by Saurenergy Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind & solar generation by 50% Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind and solar generation by 50 percent and create approximately 1.2 million jobs, according to […] Read more
ACC & Ambuja Cements Pushing Decarbonization to Reach Net-Zero Emissions Updated On Tue, May 11th, 2021 by Saurenergy ACC and Ambuja Cements have announced that they are pushing up their decarbonization agenda to reach their net-zero emissions target. Having an aim to generate clean and green energy both companies are in line with LafargeHolcim’s Net Zero Pledge and its ambition to reduce emissions from electricity. The decarbonization agenda will be delivered through several […] Read more
ADB to End Fossil Fuel Financing, No Timeline Committed Updated On Tue, May 11th, 2021 by Saurenergy The Asian Development Bank (ADB) announced on Friday that it will not finance coal mining or oil and natural gas activities in the future, as a result of a draft energy policy supporting low carbon transition in Asia and the Pacific. Set up in the early 1960s and headquartered in Manila, the ADB has since channelled […] Read more
Massachusetts Invites Bids for 1600 MW Offshore Wind Projects Updated On Tue, May 11th, 2021 by Saurenergy Massachusetts electric utility companies have opened their third offshore wind solicitation, releasing a Request for Proposals (RFP) for up to 1,600 MW of offshore wind power, twice the capacity they contracted in the previous rounds. The Baker administration announced the RFP on Friday, for which confidential bids are due by September 16 and public proposal […] Read more
Toshiba Signs Agreement with GP Strategies to Acquire EtaPRO Business Updated On Tue, May 11th, 2021 by Saurenergy Toshiba America Energy Systems Corporation (“TAES”), an affiliate of Kawasaki, Japan-based Toshiba Energy Systems & Solutions Corporation (“Toshiba ESS”), has reached agreement with GP Strategies Corporation (NYSE: GPX), a global provider of workforce transformation solutions, to acquire its EtaPRO® business. EtaPRO is a real-time digital platform for improving the efficiency and reliability of power generating assets through […] Read more
Amazon Raises $1 bn Sustainability Bond, Issues $18.5 bn Debt Updated On Tue, May 11th, 2021 by Saurenergy Seattle-based tech giant Amazon.com Inc. issued its first sustainability bond yesterday, raising $1 billion to fund ongoing and new sustainability projects in renewable energy, clean transport, greener buildings and affordable housing. The total debt issued by the company on the same day was a whopping $18.5 billion. The sustainability bonds enable investors to join the firm in tackling […] Read more
India and the EU Commit to Energy Connectivity Partnership Updated On Mon, May 10th, 2021 by Saurenergy Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […] Read more
Vattenfall Collaborates with Eramet Norway to Support the Norwegian Electricity Grid Updated On Mon, May 10th, 2021 by Saurenergy Through the collaboration between Vattenfall, Sympower and Statnett, ferro-alloy company Eramet Norway has gained access to FFR (Fast Frequency Reserve) between May and October 2021. This means that they can contribute to a stable power grid, not only in Norway, but throughout the entire Nordic electricity grid if a power failure occurs. Energy sources such as […] Read more
Battery Firm ESS to be Publicly Listed; Value Expected to Cross $1 Bn Updated On Mon, May 10th, 2021 by Saurenergy ESS Tech, a manufacturer of iron flow batteries has entered into an agreement that will result in it becoming a publicly listed company. ESS Tech, a manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and ACON S2 Acquisition, a publicly traded special purpose acquisition company, have announced they have entered […] Read more
