IRENA Bats for Energy Transition Policies to maximise Socio-economic Benefits Updated On Thu, Nov 5th, 2020 by Saurenergy COVID-19 has put a lot of pressure on the energy sector, but renewable energy has been shown to be resilient, providing clean, reliable, easy to mobilise and cost-effective energy solutions. IRENA’s ‘Post-COVID recovery: An agenda for resilience, development and equality’ launched earlier this year shows that a recovery focused on the renewable-based energy transition path […] Read more
Renewable Energy Solutions can be Backbone of Urban Decarbonization Efforts: Report Updated On Thu, Nov 5th, 2020 by Saurenergy A new report by IRENA and IKI finds that renewable energy solutions can be the backbone of urban decarbonization efforts. A new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) finds that renewable energy solutions can be the backbone of urban decarbonization efforts. The report ‘Rise of renewables in […] Read more
NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio Updated On Tue, Nov 3rd, 2020 by Saurenergy NextEra Energy Resources will sell a 90% interest in a 1 GW renewables portfolio and 100% interest in a 100-MW solar-plus-storage project for approximately USD 1.3 billion in total proceeds NextEra Energy has announced that a subsidiary of NextEra Energy Resources has entered into agreements to sell a 90 percent interest in a 1,000 megawatt (MW) portfolio […] Read more
Turnkey Capital Signs LOI to Acquire ‘Affordable Solar Solutions’ Updated On Mon, Nov 2nd, 2020 by Saurenergy Turnkey Capital has announced that it has signed a letter of intent to acquire Affordable Solar Solutions (“Affordable Solar”), a solar photovoltaic (PV) design and installation firm currently servicing the Southeastern U.S. Affordable Solar was founded to address the way that society thinks about and uses energy. With a focus on seeking solutions to the world […] Read more
RECs Trading to Resume on Nov 25, After 4 Month Break Updated On Mon, Nov 2nd, 2020 by Saurenergy APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […] Read more
KKR Launches Renewable Energy Platform ‘Virescent’ in India Updated On Fri, Oct 30th, 2020 by Saurenergy Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […] Read more
Infosys is Carbon Neutral 30 Years Ahead of Target, Announces ESG Vision for 2030 Updated On Fri, Oct 30th, 2020 by Saurenergy Infosys, as a part of its ongoing Environmental, Social and Governance efforts, it is now carbon neutral in compliance with PAS 2060 standards. Infosys, one of India’s leading software services firm, has announced that as a part of its ongoing Environmental, Social and Governance (ESG) efforts, including leveraging renewables, orchestrating energy efficiencies and driving unique […] Read more
NV Energy Requests Bids for Major Addition to Renewable Energy Portfolio Updated On Wed, Oct 28th, 2020 by Saurenergy NV Energy today issued a request for proposals to add new renewable energy projects to its portfolio. This announcement follows the Public Utilities Commission of Nevada’s (PUCN) December 2019 approval of 1,190 megawatts of new solar energy and 590 megawatts of battery storage to be built in Nevada and serving customers by Jan. 1, 2024. […] Read more
Pandemic Saves 2.5 Years of Emissions, Accelerates Coal Timeline in India: BNEF Updated On Wed, Oct 28th, 2020 by Saurenergy The drop in energy demand due to the pandemic will remove some 2.5 years worth of energy sector emissions between now and 2050, according to BNEF The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of energy sector emissions between now and 2050, according to research company […] Read more
