Target Commits to Sourcing 100% Renewable Electricity by 2030 Updated On Sat, Jun 15th, 2019 by Saurenergy Target Corporation, the eighth-largest retailer in the US plans to source 100 percent of its electricity needs from renewable energy sources by 2030. Target Corporation, the eighth-largest retailer in the United States has announced its plans to source 100 percent of its electricity needs from renewable energy sources by 2030. The goal will apply to […] Read more
Norway Passes Law, Sovereign Fund To Become More Greener Updated On Fri, Jun 14th, 2019 by Saurenergy Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […] Read more
World Bank Report on Where Sun Meets Water : Floating Solar Market Report Updated On Fri, Jun 14th, 2019 by Saurenergy Floating solar PV installations open new opportunities for scaling up solar generating capacity, especially in countries with high population density and competing uses for available land. Advantages of floating solar over land-based systems include higher energy yield, reduced evaporation, and improved water quality, among others. Combining floating solar with hydropower plants is of particular interest. […] Read more
Adani Green Energy Raises Rs 402 crore Through Offer For Sale Updated On Fri, Jun 14th, 2019 by Saurenergy Adani Green Energy has offloaded roughly 6% stake and raises Rs 402 cr capital through OFS Adani Green Energy on Friday said that it has raised around Rs 402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25 percent of the equity should […] Read more
World Bank Report on Tracking SDG7: The Energy Progress Report 2019 Updated On Fri, Jun 14th, 2019 by Saurenergy The Tracking SDG7: The Energy Progress Report 2019 shows that despite the progress, reaching the remaining unserved people, including those connected to frail and overburdened urban grids, as well as displaced people, and hard-to-reach locations, will be challenging. An estimated 650 million people will be left without electricity access in 2030. The report tracks global, regional […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
Siemens Gamesa Commissions Heat-Based Energy Storage Project Updated On Fri, Jun 14th, 2019 by Saurenergy Siemens Gamesa Renewable Energy has begun operation of its electric thermal energy storage system, to store large quantities of energy cost-effectively Siemens Gamesa Renewable Energy (SGRE) has begun operation of its electric thermal energy storage system (ETES). The innovative storage technology makes it possible to store large quantities of energy cost-effectively and thus decouple electricity […] Read more
SECI Signs PSA’s Worth 800 MW Solar and Wind Power with Bihar Discoms Updated On Fri, Jun 14th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has signed three Power Supply Agreements (PSA) with Bihar DISCOMS worth 800 MW. The 3 PSAs aggregating 450 MW Solar and 350 MW Wind Power signed by SECI with the state distribution companies of Bihar. 3 PSA s aggregating 450 MW Solar and 350 MW Wind Power signed […] Read more
Solar PV Jobs in India Surge; Top Markets See Slump: IRENA Updated On Fri, Jun 14th, 2019 by Saurenergy Despite slower growth in key renewable energy markets including China, jobs in renewables grew to their highest level on the back of many more countries adopted manufacturing, trading and installation of renewable energy technologies. The employment in solar photovoltaic (PV) industry witnessed a surge in India, Southeast Asia and Brazil in 2018, whereas major markets […] Read more
