EVs Reached Record 30% of New Vehicle Registrations in Germany in Oct Updated On Fri, Nov 5th, 2021 by Saurenergy While sales of conventional vehicles have suffered under supply shortages and long delivery times, electric vehicles (EVs) are rolling out of dealerships in Germany. The German Association of the Automotive Industry (VDA) says that in the month of October, for the first time, EVs accounted for 30.4 percent of new vehicle registrations. That’s due to […] Read more
DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt Updated On Thu, Oct 21st, 2021 by Saurenergy DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […] Read more
Enpal Secures €150 M from SoftBank to Battle Climate Crisis Updated On Wed, Oct 20th, 2021 by Saurenergy Just weeks before world leaders gather at the UN Climate Change Conference (COP26) in Glasgow in November to discuss measures to address the climate crisis, German solar start-up, Enpal, has announced that it has closed a EUR 150 million($174 million) investment from SoftBank Vision Fund 2. The firm uses uses AI for provisioning and installing […] Read more
Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä Updated On Mon, Oct 11th, 2021 by Saurenergy Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […] Read more
Statkraft Buys Wind Power Portfolio in Germany and France Updated On Tue, Oct 5th, 2021 by Saurenergy Statkraft, Europe’s major generator of renewable energy, has acquired the wind power portfolio of wind farm operator Breeze Three Energy in Germany and France to further strengthen its position in Europe. The parties have decided not to disclose the transaction value. Norway-based Statkraft adds 39 wind farms across Germany and four wind farms in France […] Read more
Germany’s Encavis Buys 74.5 MW Wind Portfolio in France Updated On Mon, Sep 27th, 2021 by Saurenergy Germany’s Encavis Asset Management has acquired five new wind farms in France, totalling 74.5 MW capacity, to implement the growth and diversification strategy for its special fund Encavis Infrastructure Fund II (EIF II). The seller of the renewable energy plants is the Swiss Axpo Holding AG, whose subsidiary Volkswind is responsible for planning, projecting and construction […] Read more
Enpal Raises €345 M for New Solar Projects in Germany Updated On Mon, Sep 27th, 2021 by Saurenergy To accelerate the development of solar energy in Germany, solar solutions provider Enpal has secured debt commitments of €275 million from internationally leading investors BlackRock, Pricoa Private Capital (the private capital business of PGIM), and UniCredit in its recent round of fundraising. In addition, further institutional commitments of €70 million were signed in the form […] Read more
Vestas to Shut Down Three Offshore Wind Factories in Europe Updated On Tue, Sep 21st, 2021 by Saurenergy Wind turbine maker Vestas is shutting down three of its European factories in Germany, Spain, and Denmark as part of the integration of its offshore business. The Danish company intends to cease production at its factories in Lauchhammer, Germany; Viveiro, Spain and Esbjerg, Denmark. “Today’s fast-moving energy transition, rapid introduction of new products and recent integration […] Read more
Sono Motors Receives 14,000 Orders Worth $350 M for Solar EV Updated On Thu, Sep 2nd, 2021 by Saurenergy German automobile startup Sono Motors has announced that it has achieved 14,000 private reservations for its Sion — “the world’s first Solar Electric Vehicle (SEV) for the masses” — with an average down-payment of $3,300. The company released its first generation Sion prototype in 2017. The company states that even prior to the commencement of […] Read more
