Hydrostor to Develop 1 GW Energy Storage Facility in California Updated On Mon, May 3rd, 2021 by Saurenergy Hydrostor has announced the development of a 1 GW of long duration energy storage project in the state of California. Hydrostor, a long-duration energy storage solution provider, announced the development of 1,000 MW (1 GW) of long duration energy storage project in the state of California. The California Public Utilities Commission has identified a need […] Read more
Seven Key Principles for Implementing ‘Net-Zero’ Emissions: IEA Updated On Fri, Apr 30th, 2021 by Saurenergy The International Energy Agency (IEA) presented ‘The Seven Key Principles for Implementing Net Zero’ at the IEA-COP26 Net Zero Summit, held last month, which were then adopted by many IEA Member Countries to guide the implementation of net zero commitments. Over 120 countries have so far announced their intention to bring emissions to net zero […] Read more
Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC Updated On Wed, Apr 28th, 2021 by Saurenergy In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […] Read more
EPO-IEA report: Accelerate Clean Energy Innovation for Carbon Neutrality Updated On Wed, Apr 28th, 2021 by Saurenergy While the world’s carbon emissions continue to rise, technological innovation in the clean energy sector is failing to counter them with a good momentum, as per a joint report released by the European Patent Office (EPO) and the International Energy Agency (IEA) yesterday. The report entitled ‘Patents and the Energy Transition: Global Trends in Clean Energy […] Read more
Leaders Summit Outlines Energy Transition Priorities for a 1.5°C Future: IRENA Updated On Mon, Apr 26th, 2021 by Saurenergy The Paris agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. Today, more and more countries are aiming for net zero emissions by mid-century and attention is shifting to the implication of this objective. While existing Nationally […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
IRENA and China State Grid to Advance Transition via Power System Enhancements Updated On Tue, Apr 13th, 2021 by Saurenergy IRENA and State Grid Corporation of China (SGCC) to support grid enhancements, system flexibility and sector-coupling in China and IRENA’s Clean Energy Corridor regions. The International Renewable Energy Agency (IRENA), and the State Grid Corporation of China (SGCC), have signed a new Memorandum of Understanding (MoU) that will see the two organisations work closely to […] Read more
ReNew Power Commits to Achieving Net-Zero Emissions by 2050 Updated On Fri, Apr 9th, 2021 by Saurenergy ReNew Power has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. ReNew Power, one of India’s leading renewable energy companies, has announced its commitment to achieving net-zero greenhouse gas emissions by 2050. A commitment with which the Gurugram headquartered clean energy major stated that it ‘aims to help address the global climate crisis […] Read more
Vistra to Close Coal Plant in 2022 as it Transitions to a Cleaner Future Updated On Wed, Apr 7th, 2021 by Saurenergy Vistra seeks to invest over $550 million across central and southern Illinois to build zero-emission renewable energy centers at plant sites Vistra and its subsidiary, Electric Energy, Inc., are today announcing the retirement of the Joppa Power Plant by Sept. 1, 2022, three years earlier than previously disclosed. The revised closing date is part of an agreement […] Read more
