Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF Updated On Mon, May 13th, 2019 by Saurenergy A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […] Read more
Vestas Reports Drop in Earnings in Q1 Results Updated On Thu, May 9th, 2019 by Saurenergy Denmark-based turbine manufacturer and wind energy solutions provider, Vestas, recently issued its financial results for the first quarter (Q1) of 2019. The financial report revealed that in the first quarter of 2019, the company generated revenue of EUR 1,730 million, marking an increase of 2 percent compared to the same period last year. However, the […] Read more
India to Exceed Climate Compliance Commitments Under Paris Agreement Updated On Thu, May 9th, 2019 by Saurenergy A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […] Read more
Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid Updated On Wed, May 1st, 2019 by Saurenergy Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […] Read more
Shanghai Electric, ACWA Power to Co-develop Global Solar Projects Updated On Fri, Apr 26th, 2019 by Saurenergy Zheng further said that, his group plans to invest more in the region over the next several years. With an aim to further expand its footprints into Belt and Road initiative countries, Chinese firm Shanghai Electric has entered into a pact with Saudi Arabia’s ACWA Power for global clean energy projects. The move will also help Riyad-headquartered […] Read more
University of San Francisco Goes Carbon-Neutral 30 Years Ahead of Goal Updated On Wed, Apr 24th, 2019 by Saurenergy USF first installed solar thermal hot water systems in 1981 and added solar panels in the early 2000s – which now generate five percent of the main campus electricity. The University of San Francisco (USF) has met its goal of zero net carbon emissions more than 30 years ahead of its 2050 target date set […] Read more
GE Renewable Energy to Implement Solar Plus Storage Hybrid Project in New York Updated On Thu, Apr 18th, 2019 by Saurenergy The hybrid system will be installed in upstate New York at the end of 2019 and is expected to reach commercial operation in the second quarter of 2020. GE Renewable Energy has reached an agreement with Helios Energy to deliver two energy storage systems to be integrated with solar arrays for the Lenox Solar/Energy Storage […] Read more
Greenam Energy Installs Its 1st Floating Solar Plant at Tuticorin Updated On Tue, Apr 16th, 2019 by Saurenergy Greenam Energy, a wholly owned subsidiary of Singapore-based AM International Holdings, has set up its first floating solar power plant at Tuticorin. The 24 MW floating solar power plant would be one of its kind and is the first floating renewable energy initiative to optimise energy production in industrial plants, a company statement said. “Greenam […] Read more
Argentina Unveils Landmark Tender For Renewables and Grid Capacity Updated On Fri, Apr 12th, 2019 by Saurenergy The tender currently under analysis will support the commitment to incorporate 20% of renewable electricity by 2025 into Argentina’s energy system. The Undersecretary for Renewable Energy and Energy Efficiency of Argentina, Sebastian Kind, has recently unveiled a landmark new renewables and grid capacity tender during the Global Market Session hosted by the Global Wind Energy […] Read more