Climate Financing by 7 of the Largest MDB’s Totalled $61.6 Bn in 2019 Updated On Fri, Aug 7th, 2020 by Saurenergy Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019 Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled USD 61.6 billion in 2019, with USD 41.5 billion (67 percent) in low- and middle-income economies, according to the 2019 Joint Report on Multilateral Development […] Read more
Facebook Signs PPA to Purchase Power From Apex’s 300 MW Wind Project Updated On Fri, Aug 7th, 2020 by Saurenergy Apex Clean Energy has executed a PPA with Facebook for approximately 170 MW of renewable power from its 300 MW Lincoln Land Wind project in Illinois. Apex Clean Energy has announced that Lincoln Land Wind has executed a power purchase agreement (PPA) with Facebook for approximately 170 MW of renewable power from the Illinois-based wind […] Read more
Scientists Identify new Catalysts for More Efficient Hydrogen Electrolysis Updated On Wed, Aug 5th, 2020 by Saurenergy A team of scientists has discovered the parameters that determine the efficiency of a class of low-cost catalysts called spinel oxides – a discovery that breaks a bottleneck in the extraction of hydrogen from water through electrolysis. A team of scientists led by the Nanyang Technological University, Singapore (NTU Singapore) has discovered the parameters that […] Read more
Time’s Ripe for Offshore Wind Projects Updated On Thu, Jul 30th, 2020 by Saurenergy World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […] Read more
Permitting Problems Still a Major Stumbling Block in NECPs: WindEurope Updated On Tue, Jul 28th, 2020 by Saurenergy 26 European countries have submitted their NECPs to the EU. And according to WindEurope the main hurdle remains the permitting problems 26 European countries have submitted their National Energy and Climate Plans (NECPs) to the EU. WindEurope has analysed what those plans entail for wind energy deployment in Europe. The main hurdle remains permitting – many NECPs […] Read more
Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA Updated On Fri, Jul 24th, 2020 by Saurenergy While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […] Read more
Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative Updated On Thu, Jul 23rd, 2020 by Saurenergy Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […] Read more
$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages Updated On Thu, Jul 16th, 2020 by Saurenergy A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […] Read more
Cargill Partners With CleanMax for RE Projects in India Updated On Tue, Jul 14th, 2020 by Saurenergy Cargill has partnered with CleanMax in India to meet 70 to 80 percent of its facility’s electricity needs from a solar and wind hybrid project in Karnataka. US-based global food corporation Cargill has announced that it is expanding its portfolio of renewable energy projects worldwide with 10 new projects set to come up online next […] Read more
