HP Unveils New Plan To Power Operations With 100% Renewables by 2035 Updated On Thu, Jun 20th, 2019 by Saurenergy HP’s latest sustainability report outlines revamped science-based targets, a 35% year-on-year growth in revenue through sustainable impact and commitments to source more recycled plastic content and 100% renewables American multinational information technology company, HP announced a plethora of new goals in the 2018 report. It has set a target to ensure its global operations are […] Read more
IEEFA Report on Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector Updated On Thu, Jun 20th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while undercutting coal and challenging fracked gas. The report ‘Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector’, details upstart […] Read more
Advances in Storage Disrupting the US Electricity Sector: Report Updated On Wed, Jun 19th, 2019 by Saurenergy According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the US. According to a new report, momentum is gaining around an industry shift toward utility-scale battery storage systems nationally in the United States. It highlights that utility-scale batteries are giving renewables a big lift while […] Read more
Govt Planning To Open 50-GW Battery Manufacturing Tenders Updated On Tue, Jun 11th, 2019 by Saurenergy Two months after the cabinet okayed the National Mission on Transformative Mobility and Battery Storage, the govt is in the process to open tenders to set up 50-GW battery manufacturing base in India The government is planning to issue tenders inviting companies to set up 50-GW battery manufacturing base in India soon. This will form […] Read more
MNRE Roots for Robots To Reduce Water Usage at Solar Plants Updated On Thu, Jun 6th, 2019 by Saurenergy In an effort to reduce water usage in solar plants, the Ministry of New and Renewable Energy (MNRE) has asked the states and the solar industry to “preferably” use robotic cleaning and other new technologies for cleaning solar panels. “The excess usage of water, sometimes, leads to wastage of the precious resource and it can […] Read more
ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
Global Access to Electricity is Growing, but Falling Short of Sustainable Energy Goals Updated On Thu, May 23rd, 2019 by Saurenergy Despite significant progress in recent years, the world is falling short of meeting the global energy targets set in the United Nations Sustainable Development Goals (SDG) for 2030. Ensuring affordable, reliable, sustainable and modern energy for all by 2030 remains possible but will require more sustained efforts, particularly to reach some of the world’s poorest […] Read more
Fortum Plans to Foray into more Indian Cities with Higher per Capita Income Updated On Mon, May 20th, 2019 by Saurenergy The plan to venture in India will make India the first country outside Europe in this space, keeping in mind that, India aims to power most of its vehicles with electricity by 2030. We are constantly evaluating the Indian market for charging infrastructure. On our radar are the advanced cities with higher per capita incomes […] Read more
Canadian Solar Arm Sells 134 MW Solar Plant to Goldman Sachs Updated On Sat, May 18th, 2019 by Saurenergy This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MW portfolio of California solar projects that came online in 2016. Canadian Solar one of the world’s largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy has sold its equity stake in the 134 MW Mustang solar project to the Renewable Power Group […] Read more