IFC, EBRD, and EU to Support First Solar Project in Armenia Updated On Thu, Jul 16th, 2020 by Saurenergy IFC, EBRD and the EU have signed on to support the development of the first utility-scale solar power plant in Armenia, the 55 MW Masrik Solar Project. The International Finance Corporation (IFC), a member of the World Bank Group, the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) have signed on to […] Read more
$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages Updated On Thu, Jul 16th, 2020 by Saurenergy A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […] Read more
Solar to Push Much of Remaining Coal Fleet in Texas Offline: IEEFA Updated On Wed, Jul 15th, 2020 by Saurenergy New utility-scale solar will push much of remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by IEEFA New utility-scale solar is poised to push much of the remaining coal-fired power fleet across Texas into retirement in the next few years, finds a new report by the […] Read more
UK to Relax Legislations Making it Easier to Construct Large-Scale Batteries Updated On Wed, Jul 15th, 2020 by Saurenergy The UK Government will be relaxing the planning legislation to make it easier to construct large-scale storage batteries to store renewable energy The UK Government has announced that it will be relaxing the planning legislation to make it easier to construct large-scale storage batteries to store renewable energy from solar and wind farms across the […] Read more
Adani Operating 2595 MW of RE Assets, Over 11 GW Under Implementation Updated On Wed, Jul 15th, 2020 by Saurenergy Adani Green Energy now has 2595 MW of renewable energy assets under operation, while an additional 11,395 MW capacity is currently under implementation. Adani Green Energy, the green energy business of the Adani Group, has issued a quarterly update of the firm for the first quarter of the financial year 2020-2021. The firm has reported […] Read more
Firms Turning to Renewables to Power Oil & Gas Operations: IHS Markit Updated On Tue, Jul 14th, 2020 by Saurenergy A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. According to new research by IHS Markit, oil and gas companies […] Read more
Cargill Partners With CleanMax for RE Projects in India Updated On Tue, Jul 14th, 2020 by Saurenergy Cargill has partnered with CleanMax in India to meet 70 to 80 percent of its facility’s electricity needs from a solar and wind hybrid project in Karnataka. US-based global food corporation Cargill has announced that it is expanding its portfolio of renewable energy projects worldwide with 10 new projects set to come up online next […] Read more
8 GW Project On Offer In NSW, Australia, After Success with May 3 GW Project Updated On Tue, Jul 14th, 2020 by Saurenergy New South Wales, whose state capital Sydney is the largest financial and commercial centre in Australia, has announced its second 8 GW Renewable Energy Zone (REZ). the new announcement follows the success the state had with it first such zone, that was announced in May this year was for a capacity of 3 GW, and […] Read more
Ørsted Acquires 227 MW Under Construction Solar Plant in the US Updated On Fri, Jul 10th, 2020 by Saurenergy Ørsted is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located in Alabama, US. Global offshore wind and renewable major Ørsted has announced that it is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located […] Read more