Financial Agreements Signed to Fund World’s Largest Green Hydrogen Project in Neom Updated On Tue, Dec 20th, 2022 by Saurenergy Neom Green Hydrogen Company (NGHC) has signed multiple financial facility agreements with local, regional and international banks and financial institutions to support the construction of the world’s largest green hydrogen production plant in Neom, the sustainable city project in Saudi Arabia. The quantum of funds committed by the lenders with Saudi Industrial Development Fund (SIDF) […] Read more
Bp Takes Control Of AREH – Australia’s Largest Renewables Project Updated On Fri, Dec 9th, 2022 by Saurenergy Global energy conglomerate bp has now officially taken over the operations at the Asian Renewable Energy Hub (AREH) – which is the largest renewable energy project in Australia – after it has acquired a 40.5 per cent equity stake in AREH. Situated in the Pilbara, Western Australia, bp held that the RE hub has potential […] Read more
Germany To Build First Green Ammonia Import Terminal in Hamburg Updated On Mon, Nov 21st, 2022 by Saurenergy Germany’s Germany Trade & Invest (GTAI) has has decided upon the northern city of Hamburg for the country’s groundbreaking new green ammonia landing site. The operational start is planned for 2026. The facility will be a milestone for Germany’s efforts to decarbonize industry by the employment of hydrogen. German Minister for Economic Affairs and Climate […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
Rajasthan To Get 1 GW Solar Power Plant By ONGC Updated On Mon, Oct 31st, 2022 by Saurenergy Oil and Natural Gas Corporation (ONGC) is planning to build a 1 GW solar power plant in Rajasthan as a crucial step toward gaining a footing in the green energy sector. The management stated that the company has made contract with the state government to find 5000 acres of land to house its planned 1 […] Read more
India to Export Green Energy to Singapore from 2025 Updated On Wed, Oct 26th, 2022 by Saurenergy India’s Greenko Group and Singapore’s Keppel Infrastructure have entered into an agreement on green hydrogen. Under the MoU, the two firms will working on a 250,000 tonne yearly contract for Keppel’s new 600 Mw power plant situated in Singapore. The MoU was signed on the on the sidelines of the Singapore International Energy Week. This […] Read more
Jakson Green In MoU To Develop $ 2.8 Billion Green Ammonia and Hydrogen Project in Rajasthan Updated On Tue, Oct 25th, 2022 by Saurenergy Jakson Green, the new energy transition platform backed by the Jakson Group, has signed a Memorandum of Understanding (MOU) with the Government of Rajasthan to invest about Rs 22,400 Crore in the State to set up a Green Hydrogen & Green Ammonia project in phases. The MoU was signed by Vish Iyer, Global Chief Commercial […] Read more
Singapore’s LNG Alliance Sets Up Business Unit in India for New Energies Updated On Wed, Oct 19th, 2022 by Saurenergy Singapore-based LNG Alliance has said that its affiliate Carbon Governance has established a new business unit Linga New Energies in Chennai, Tamil Nadu, India to serve as a leading-edge technology hub for green hydrogen. LNG Alliance said in its official statement that the key focus of the new company will be new energies project developments […] Read more
Norway’s Scatec to Set Up 3 GW Wind Energy Project in Egypt Updated On Wed, Sep 14th, 2022 by Saurenergy According to a statement made by a spokesperson of the Egyptian Presidency, Norway’s renewable energy producer Scatec will be playing a greater role in Egypt for the renewable energy development. Spokesperson Bassam Essam Rady has said that the cooperation between Egypt and Scatec will be to develop new and renewable energy projects and also to […] Read more