Invest in RE in Developing Nations for Global Energy Transition: Study Updated On Thu, Oct 28th, 2021 by Saurenergy A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific insights on how to grow such investment further in key markets. The insights are published as the contentious question of how wealthier nations can […] Read more
Apple Adds 9 GW of Clean Power and Doubles Supplier Commitments Updated On Thu, Oct 28th, 2021 by Saurenergy Technology giant Apple has revealed that the company has more than doubled the number of suppliers committed to using 100 percent clean energy over the last year, accelerating progress toward its ambitious 2030 goal to be carbon neutral across its supply chain and products. In total, 175 Apple suppliers will transition to using renewable energy, […] Read more
Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration Updated On Thu, Oct 28th, 2021 by Saurenergy Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […] Read more
50 MW Wärtsilä Energy Storage System Activated in UK Updated On Wed, Oct 27th, 2021 by Saurenergy Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […] Read more
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
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
FaaS Firm Oorja Secures $1 million in Seed Funding For Its Clean Energy Solutions Updated On Tue, Oct 12th, 2021 by Saurenergy Oorja, a firm that describes itself as a Farming as a Service (FaaS) operating to connect agriculture and clean energy, has completed a US $1 million (Rs 7.5 crores) Seed funding round. The round includes equity investment from Schneider Electric Energy Access Asia (SEEAA) and grant funding from Water & Energy for Food Grand Challenge […] Read more
ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US Updated On Mon, Oct 11th, 2021 by Saurenergy ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […] Read more
Annual Energy Storage Installations to Exceed 30GW by 2030: IHS Markit Updated On Mon, Oct 11th, 2021 by Saurenergy The global energy storage market continues to prove resilient to the impacts of COVID-19 and supply constraints for Li-ion batteries and will enter a prolonged period of growth this year, with annual installations reaching more than 30 GW by 2030 – up 250% from 2021 levels – according to the latest report from the Clean […] Read more
