Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
Vedanta Ups RE Requirement To 1 GW For Its Operations Updated On Fri, Sep 30th, 2022 by Saurenergy Mumbai-based mining and metallurgy giant Vedanta Group has announced that it has targeted sourcing of clean and green energy upto 1 GW to fulfil the power needs of various operations. Vedanta has said that it also seeks bids from players for the supply of additional 500 MW of renewable energy. Vedanta aims at employing 2.5 […] Read more
DRE In Solar Provides Employment Boost says PowerForAll Report Updated On Wed, Sep 28th, 2022 by Saurenergy Power for All, the global campaign to end energy poverty, today released its second Decentralized Renewable Energy (DRE) jobs report supported by GET.invest, Good Energies Foundation, and The Rockefeller Foundation. The industry’s most comprehensive emerging markets employment census shows increased demand for DRE solutions is creating hundreds of thousands of formal and informal jobs. The […] Read more
Examining the Biggest Polluters: Report Card of Shipping Industry Updated On Mon, Sep 26th, 2022 by Saurenergy Nearly 80 per cent of the world’s trade is carried out by sea. Indeed, shipping offers an environmentally efficient means of transport per unit of cargo when compared to other highly polluting media such as air and road transport. Yet, the sheer volume of maritime trade results in a significant contribution to the world’s greenhouse […] Read more
New York Hits 4-GW Distributed Solar Power Milestone Updated On Fri, Sep 23rd, 2022 by Saurenergy As part of Climate Week, New York Governor Kathy Hochul has announced that four gigawatts of distributed solar—community, residential, small commercial and industrial projects—have been installed across the state. She said that this is enough to power more than 710,000 homes. She held that since the launch of the NY-Sun initiative in 2012, the cost […] Read more
Whirlpool To Reach 100 Percent Renewable Electricity For US Plant Operations By 2023 Updated On Fri, Sep 23rd, 2022 by Saurenergy Global kitchen and laundry company Whirlpool Corp. has announced that it has entered into a second wind Virtual Power Purchase Agreement (VPPA) with Engie North America to accelerate progress towards its commitment to reach Net Zero emissions in its plants and operations by 2030. Whirlpool said that this agreement with Engie will represent 53 MW […] Read more
Citizens Financial Group to Source 100% Renewable Power from Ørsted Updated On Thu, Sep 22nd, 2022 by Saurenergy Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
Examining the Biggest Polluters: Report Card of Aviation Industry Updated On Mon, Sep 19th, 2022 by Saurenergy Aviation is one of the fastest-growing sources of greenhouse gas emissions and, hence, one of the biggest polluters driving global climate change. The kind of energy that will be required to launch a 300-ton plane into the sky at 500 mph (805 kmph) will naturally be large. This makes air travel one of the most […] Read more
