IRENA, Climate Investment Funds Partner to Advance Energy Transition Updated On Tue, Oct 26th, 2021 by Saurenergy The Climate Investment Funds (CIF) and the International Renewable Energy Agency (IRENA) are joining forces to accelerate investment in clean energy globally as part of a new memorandum of understanding (MoU) signed yesterday during a virtual signing ceremony with CIF CEO Mafalda Duarte and IRENA Director-General Francesco La Camera. Just days ahead of the UN’s […] Read more
GoodWe Commits To Energy Storage Solutions Updated On Fri, Oct 22nd, 2021 by Saurenergy At this year’s Bloomberg New Energy Finance (BNEF) Summit, GoodWe’s campaign will focus on practical solutions on how the energy needs of the future can be met in order to realize the net-zero goals set by companies, cities, and countries worldwide. GoodWe has made it its goal to develop energy storage solutions that will enable […] Read more
JPMorgan-advised Fund Secures Controlling Stake in Falck Renewables Updated On Thu, Oct 21st, 2021 by Saurenergy Italy’s Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday. The Falcks, who built their fortune in steel over the last century before switching to renewables in the late 1990s, are selling […] Read more
EY Study Shows Rise of ‘Omnisumer’: Customers of New Energy Solutions Updated On Thu, Oct 21st, 2021 by Saurenergy A perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centers around renewables and infrastructure, it mostly overlooks the customer. EY has conducted a survey of 34,000 energy consumers across 17 countries to understand their shifting needs, values and expectations, and the results present […] Read more
NITI Aayog, ISRO Partner To Give Geospatial Energy Map of India Updated On Wed, Oct 20th, 2021 by Saurenergy NITI Aayog, in collaboration with Indian Space Research Organisation (ISRO), has developed a comprehensive Geographic Information System (GIS) Energy Map of India with the support of Energy Ministries of Government of India. The map was recently launched by Dr Rajiv Kumar (Vice Chairman, NITI Aayog), Dr V K Saraswat (Member, NITI Aayog), and Mr. Amitabh […] Read more
Storage Major Fluence Energy Targets $744 Million IPO Updated On Wed, Oct 20th, 2021 by Saurenergy Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […] Read more
B.Tech In Energy Engineering At IIT Delhi To Start From Coming Session Updated On Wed, Oct 20th, 2021 by Saurenergy The Indian Institute of Technology (IIT) Delhi has announced a new undergraduate course– B.Tech. in Energy Engineering, that will be offered by the institute’s department of energy science and engineering (DESE). The move comes even as the opportunities, and requirements for skilled energy professionals skyrockets, with the country in the midst of a massive energy […] Read more
RTC Tender For 2.5 GW Thermal Plus Renewable Attracts L1 Bid of Rs 3.01 Updated On Mon, Oct 18th, 2021 by Saurenergy SECI’s auction for 2.5 GW of Round the Clock (RTC) supply of power from thermal plus renewable energy has attracted a strong response, with the lowest bid coming in at Rs 3.01/unit. The tender, floated in March 2020 for 5 GW, had been amended in August 2020 to enable easier participation for thermal players. By […] Read more
CalWave Commissions Open-water Wave Energy Pilot in California Updated On Thu, Oct 14th, 2021 by Saurenergy US firm CalWave has announced it has successfully commissioned its CalWave x1™ off the coast of San Diego, marking the beginning of California’s first at-sea, long-duration wave energy pilot operating fully submerged. The project is supported by the U.S. Department of Energy (DOE) funding, with the goal to demonstrate CalWave’s scalable and patented xWave technology. […] Read more