Accepting Gas Power Plants as Sustainable Investments in Asian Taxonomies Heightens Greenwash Risk: IEEFA Updated On Thu, Sep 23rd, 2021 by Saurenergy Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise […] Read more
Power Roll, Filia to Develop Solar PV-enabled Window Blackout Blinds Updated On Wed, Sep 22nd, 2021 by Saurenergy Power Roll and Filia Solar have signed an Application Development Partner Agreement to explore the use of Power Roll’s solar film for solar PV-enabled window blackout blinds. Power Roll claims to have developed a unique, flexible, lightweight solar film capable of producing ultra-low-cost green electricity that is up to 10 times cheaper to make than […] Read more
Torrent Power Buys 156 MW Wind Capacity from CESC Updated On Wed, Sep 22nd, 2021 by Saurenergy Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […] Read more
Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026 Updated On Mon, Sep 20th, 2021 by Saurenergy Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […] Read more
Mitsubishi, Amazon to Build 450 Solar Plants Totalling 20 MW in Japan Updated On Thu, Sep 9th, 2021 by Saurenergy Japanese trading company Mitsubishi Corporation has signed a long-term corporate power purchase agreement, through which it will supply electricity to data centres owned and operated by online retail giant Amazon’s subsidiary Amazon Web Services. Facilitated by MC Retail Energy Co., Ltd., this corporate PPA represents Amazon’s first use of renewable energy in Japan. Under the agreement’s […] Read more
Hive Energy, Two other UK Firms Team Up To Develop 350 MW Solar Power in New Zealand Updated On Mon, Sep 6th, 2021 by Saurenergy Three UK-based solar companies, namely Hive Energy, Ethical Power and Solar South West have launched a new joint venture (JV) that will aim to develop a pipeline of nearly 350MW of utility-scale PV plants across New Zealand. The JV, called HES Aotearoa, combines competencies spanning site selection, project design, construction, and operations and maintenance across […] Read more
Belgian Companies Unveil ‘World’s 1st H2-powered Excavator’ Updated On Fri, Sep 3rd, 2021 by Saurenergy Belgian companies CMB.TECH (a hydrogen solutions firm) and Luyckx (a crane equipment manufacturer) have recently presented the “first hydrogen-powered dual fuel excavator,” which is meant to provide gradual ecological development within the heavy construction and earthmoving sector. With this machine, companies within the sector can embark on energy transition with today’s machines without being permanently dependent […] Read more
RWE to Procure 200 MW of Storage from LG for US Solar Project Updated On Thu, Sep 2nd, 2021 by Saurenergy German company RWE Renewables has signed contracts with South Korea-based LG Energy Solution to receive an integrated battery energy storage system (BESS) for two of RWE’s upcoming projects with co-located solar PV facilities in the U.S. “We’re delighted to join forces with LG Energy Solution to secure equipment helping us realize two important solar plus […] Read more
New Green Standards Proposed for Power Gen Companies in Singapore Updated On Tue, Aug 31st, 2021 by Saurenergy In order to reduce its carbon footprint, Singapore has proposed new green standards for power generation companies operating in the country. The country currently relies on natural gas — a fossil fuel — to fulfil over 95% of its energy needs. However, in April this year, the island nation achieved its target for the year […] Read more