Direct Energy Works With Sprint for 100% RE in Virginia Operations Updated On Fri, Jan 17th, 2020 by Saurenergy Sprint and Direct Energy have announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. American telecommunications company, Sprint and Direct Energy Renewable Services has announced that all of Sprint’s more than 800 Virginia locations will now be served with 100 percent renewable energy. This agreement […] Read more
Fortum to Acquire Battery Recycling Specialist Crisolteq Updated On Fri, Jan 17th, 2020 by Saurenergy Fortum is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in li-ion batteries. Fortum has announced that it is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in lithium-ion batteries. The investment strengthens Fortum’s position […] Read more
Renewable Investments up 1% YoY in 2019, India Records 14% Less Updated On Fri, Jan 17th, 2020 by Saurenergy Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1% from 2018, India saw an investment of USD 9.3 billion, down 14% Investments in renewable energy capacity worldwide was USD 282.2 billion last year, up 1 percent from 2018’s USD 280.2 billion, with the world’s biggest market (China) slipping back, but […] Read more
Need Transmission Infrastructure to Support Clean Energy Goals: Report Updated On Thu, Jan 16th, 2020 by Saurenergy A new report has highlighted that without strategic expansion of transmission infrastructure, the ability to meet clean energy goals may be in jeopardy. A new report by WIRES, the international trade association that promotes investment in all aspects of the high voltage grid, highlights the concerns that without strategic and timely expansion of transmission infrastructure, the […] Read more
Power Plant Tenders Down 28 percent in Q4 2019, Indian Firms Ahead of Rest Updated On Thu, Jan 16th, 2020 by Saurenergy Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404 Power plant tenders in the fourth quarter of 2019 saw 291 tenders announced, marking a drop of 28 percent over the last four-quarter average of 404, according to GlobalData’s […] Read more
European Commission Announces new Green Deal Worth €1 tn Updated On Thu, Jan 16th, 2020 by Saurenergy The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […] Read more
Electricity Procurement Contracts Down 11% in December 2019: Report Updated On Wed, Jan 15th, 2020 by Saurenergy Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […] Read more
Brookfield Renewables Submits Proposal to Acquire TerraForm Power Updated On Tue, Jan 14th, 2020 by Saurenergy Brookfield Renewables has announced that it has made a non-binding, all-share proposal to acquire the outstanding shares of TerraForm Power Brookfield Renewables Partners has announced that it has made a non-binding, all-share proposal to acquire the outstanding Class A common shares of TerraForm Power, other than the 62 percent owned by Brookfield Renewable and its […] Read more
Double the Share of Renewables to Achieve Energy Transition Goals Updated On Tue, Jan 14th, 2020 by Saurenergy The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve SDGs according to IRENA. The share of renewables in global power should more than double by 2030 to advance the global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to […] Read more