Target 2030. New Zealand Ruling Party Promises Early Arrival at 100% Renewable Energy Updated On Mon, Sep 14th, 2020 by Saurenergy Prime Minister Jacinda Ardern’s ruling labour Party in New Zealand has become one of the earliest ‘significant’ economies to promise a transition to 100 percent renewable energy by 2030. The country was earlier committed to reaching the target by 2035. Saying that New Zealand needs stable, sustainable and affordable energy to ensure its future energy […] Read more
RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy Updated On Wed, Sep 2nd, 2020 by Saurenergy As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […] Read more
The Green Hydrogen Wave, And Its Implications for Renewable Energy Updated On Thu, Aug 27th, 2020 by Saurenergy A report this week from Wood Mackenzie says green hydrogen costs will fall by up to 64% by 2040. Those numbers are broadly in line with what many other experts have been predicting, though many have predicted competitiveness as early as 2030. However, seen another way, those numbers simply show just how far green hydrogen […] Read more
Single Window Clearance for Renewable Projects: Maharashtra Energy Minister Updated On Fri, Jul 24th, 2020 by Saurenergy Maharashtra government will give single-window clearance to renewable energy projects as it moves towards cleaner sources of energy, state Energy Minister Nitin Raut has said. The Maharashtra government will give single-window clearance to renewable energy projects in a bid to move towards cleaner sources of energy, state Energy Minister Nitin Raut has said. During a virtual meeting of the Indo-French Chamber […] Read more
100 Percent Carbon Free by 2035. The Democrat Offer For Renewable energy Updated On Mon, Jul 13th, 2020 by Saurenergy Perhaps the least talked about, but most significant promises being talked up as the US presidential elections campaign warms up is the democrat push for 100 percent carbon free power production by 2035. The plan easily overshadows comparable targets for all other countries in the G20, and if implemented with even limited success, cold change […] Read more
Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power Updated On Wed, Jun 24th, 2020 by Saurenergy USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […] Read more
Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP Updated On Thu, Jun 18th, 2020 by Saurenergy BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […] Read more
PFC Incorporates 5 SPVs for Evacuating Renewable Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […] Read more
ArcVera Renewables Now Offering Technical Service for Energy Storage Projects Updated On Wed, May 20th, 2020 by Saurenergy ArcVera Renewables, a leading provider of consulting and technical services for renewable energy projects, has now unveiled its technical know-how for the standalone energy storage or hybrid projects. For the standalone renewable energy projects, the company will be providing expert technical, financial, and independent engineering services. The company, which is having over 40 years of […] Read more