IEA Offers Insight to Morocco’s Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The International Energy Agency (IEA) has in its latest in-depth review of Morocco’s energy policies, highlighted the institutional, legal and fiscal reforms undertaken to promote the sustainable development of the country’s energy sector. Since the last review in 2014, the agency noted the government’s positive efforts to boost renewable investment, provide access to electricity, and […] Read more
Govt Soon To Invite Bids for 40 GW EV Battery Manufacturing Plants Updated On Wed, May 8th, 2019 by Saurenergy The government is considering a plan to establish a battery making capacity of 40 gigawatts (GW) to give a boost to its electrical vehicles and renewable energy initiatives. It will ask states to compete for the opportunity to set up internationally competitive facilities that will also service global markets. Domestic and global battery makers will […] Read more
World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition Updated On Wed, May 8th, 2019 by Saurenergy The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […] Read more
New Zealand Plans to Go Carbon Neutral by 2050 Updated On Wed, May 8th, 2019 by Saurenergy “Agriculture is incredibly important to New Zealand, but it also needs to be part of the solution,” Climate Change Minister James Shaw said. New Zealand introduced legislation Wednesday to make the South Pacific nation carbon neutral by 2050, although greenhouse gas emissions from the economically vital agricultural sector will not have to meet the commitment. […] Read more
Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund Updated On Tue, May 7th, 2019 by Saurenergy Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […] Read more
Renewable Capacity Growth Dips in 2018 After 20 Year Expansion: Report Updated On Mon, May 6th, 2019 by Saurenergy 2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year, a new report has revealed. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the […] Read more
Ratan Tata Invests in Ola Electric Mobility, Backs Ambition to Scale EVs in India Updated On Mon, May 6th, 2019 by Saurenergy Ratan Tata’s investment in Ola Electric is being seen as an endorsement of the company’s approach to developing an electric mobility ecosystem, including innovations in charging infrastructure, swapping models, and market-appropriate products. Ola Electric Mobility has announced that Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the company as part of its Series A […] Read more
Renewable Energy Output Exceeds Coal in US for the First Time Updated On Fri, May 3rd, 2019 by Saurenergy IEEFA says the renewable energy sector, which includes hydro, biomass, wind, solar, and geothermal energy, is expected to produce more electricity in the US than coal in both April and in May of this year. According to the EIA’s latest Short-Term Energy Outlook, coal-fired power plants only accounted for 20 percent of total U.S. electricity […] Read more
US DOE Selects 4 Projects to Develop Next-Gen Wind Turbines Updated On Fri, May 3rd, 2019 by Saurenergy These projects will develop more efficient, smaller, and lighter-weight generators that will lower costs and make wind power more affordable. The U.S. Department of Energy (DOE) has selected four projects totaling up to $8 million in investment from the department to develop next-generation wind turbine drivetrain technologies that will facilitate the continued growth of wind turbines for […] Read more
