Horisont Energi Signs MoU with Lhyfe to Use Renewable Green Hydrogen Updated On Tue, Jun 7th, 2022 by Saurenergy Norway-based Horisont Energi has signed an MoU with Lhyfe to use renewable green hydrogen produced by Lhyfe to provide its ammonia plants in Europe. In response to the increasing demand for ammonia in Europe, the company has also signed a memorandum of understanding with the port of Rotterdam to set up a corridor for transport […] Read more
Neoen sees bigger appetite for RE as Europe shuns Russian power Updated On Wed, Mar 16th, 2022 by Saurenergy French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […] Read more
Macquarie Acquires France based Reden Solar for $2.7 Billion Updated On Wed, Mar 9th, 2022 by Saurenergy In a major development in the RE sector, France’s independent power producer (IPP) Reden Solar has been acquired by a consortium led by Macquarie Asset Management for an enterprise value of $2.7 billion. Reden Solar is one of the leading developers, builder and operator of solar photovoltaic (PV) power plants from France. At present the […] Read more
Carbon to Launch 5GW Photovoltaic Gigafactory in France Updated On Fri, Mar 4th, 2022 by Saurenergy Solar sector company Carbon has declared that it plans to build a 5-GW solar panel factory in France by 2025. The industrial start-up has also said that it hopes to triple production capacity to 15 GW by the end of this decade. As per the company, the Gigafactory project is expected to create more than […] Read more
‘Rebirth of France’s Nuclear Industry’ Key for Net Zero by 2050, Says Prez Updated On Mon, Feb 14th, 2022 by Saurenergy French President Emmanuel Macron has presented his country’s goal of achieving CO2-free energy by 2050, starting with using more nuclear and renewable energy. Speaking in Belfort, north-eastern France, Macron outlined measures including the construction of solar parks, underwater wind farms, and six European pressurized nuclear reactors (EPR2s), reports Xinhua news agency. An additional eight EPR2 […] Read more
EU Beats 2020 RE Goal, France Lags Behind: Eurostat Updated On Fri, Jan 21st, 2022 by Saurenergy The European Union tapped renewables for 22% of its energy consumption in 2020, beating its 20% target, the EU statistics office, Eurostat, said on Wednesday. The bloc’s 27 countries are increasingly turning to wind, solar and other renewable energy sources as part of efforts to meet the EU-wide ambition of net-zero greenhouse gas emissions by […] Read more
2021 Best Year in History for Solar in the EU: Report Updated On Mon, Dec 27th, 2021 by Saurenergy The 27 member states of the European Union saw around 25.9 GW of new solar PV capacity connected to their grids in 2021, an increase of 34% over the 19.3 GW installed the year before, a report by SolarPower Europe has found this month. This growth makes 2021 not only another record year for solar […] Read more
TotalEnergies Unveils France’s Largest Battery Storage Facility Updated On Thu, Dec 23rd, 2021 by Saurenergy French petroleum refining company TotalEnergies has launched the largest battery-based energy storage facility in France, the company claimed in a recent official statement. Located at the Flandres center in Dunkirk, this site, which responds to the need for grid stabilization, has a power capacity of 61 MW and a total storage capacity of 61 megawatt […] Read more
French Firm Newheat Raises €7 M for Renewable Heat Development Updated On Fri, Dec 3rd, 2021 by Saurenergy French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […] Read more