EIB Backs EUR 1 Bn Clean Energy Investment in Europe and Central Asia Updated On Fri, Feb 7th, 2020 by Saurenergy EIB has approved a new investment across Europe and around the world to improve clean energy, sustainable transport, etc. The European Investment Bank (EIB) has announced that its board has approved a new investment across Europe and around the world to improve clean energy, sustainable transport, high-speed communications, and social housing, as well as health […] Read more
EY Announces Commitment to be Carbon Neutral by end of 2020 Updated On Fri, Jan 31st, 2020 by Saurenergy EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. EY has announced that it plans to become carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions. The commitment reflects the firms’ focus towards becoming a […] Read more
Banque des Territoires Takes a 50% Stake in Total’s French Renewable Portfolio Updated On Tue, Jan 28th, 2020 by Saurenergy Total and Banque des Territoires have signed an agreement for the latter to take a 50% stake in Total Quadran’s solar and wind energy assets in France Total, through Total Quadran – its renewable electricity production subsidiary in France, and Banque des Territoires have signed an agreement upon which Banque des Territoires takes a 50% […] Read more
Siemens Gamesa Closes 2019 With 1.2 GW in new Installations in Spain Updated On Sat, Jan 18th, 2020 by Saurenergy Siemens Gamesa closed 2019 in Spain with the installation of a new record of 1.2 GW or 375 wind turbines Siemens Gamesa closed its Spanish business with a successful year in 2019 with the installation of a new record of 1.2 GW, or 375 turbines, the highest amount of any year in the last decade. […] Read more
PepsiCo Targeting 100% Renewable Electricity in the US Updated On Thu, Jan 16th, 2020 by Saurenergy PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […] Read more
Zero Carbon Electricity Outstrips Fossil Fuels in the UK for 2019 Updated On Mon, Jan 6th, 2020 by Saurenergy 2019 was the cleanest year on record for the UK as, for the first time, the amount of zero-carbon power outstripped that from fossil fuels for a full year 2019 was the cleanest year on record for the United Kingdom (UK) as, for the first time, the amount of zero-carbon power outstripped that from fossil […] Read more
Can Surplus Renewables Production in West Rajasthan Build A Big Battery? Updated On Thu, Jan 2nd, 2020 by Saurenergy Back in 2017, when Tesla set out to make the 129 MW lithium ion based battery installation in Australia at the Hornsdale Wind Farm, many people scoffed at its usefulness. However, it proved its role as a load balancer to stabilize the grid in case of sudden drops in power generation elsewhere. So much so […] Read more
EIB Approves €8.1 bn for RE, Energy Efficiency, Sustainable Transport Updated On Fri, Dec 13th, 2019 by Saurenergy EIB has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development around the world. The European Investment Bank (EIB) has announced that it has approved a EUR 8.1 billion of new financing for renewable energy projects, climate action, sustainable development, health, and education investment across Europe and around the world. […] Read more
Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more