North America to Make Headways into Solar Sector by 2030 Updated On Thu, Jan 12th, 2023 by Saurenergy As per a study conducted by CMI Ltd, the global solar energy market is poised to reach around USD 300 Billion by 2030. This growth will account for a CAGR of close to 7% between 2022 and 2030. There has been an increased focus on green hydrogen with the sliding costs of renewable energy having […] Read more
US Continues to be Most Attractive Market for RE Investment as China Follows; India Claims 7th Spot Updated On Tue, Jan 10th, 2023 by Saurenergy EY has released a report that provides an insight into the world’s 40 most attractive markets for renewable energy investment. The US has retained the top spot for years on EY’s list and in the latest edition too, the United States continues to be the most lucrative market for renewable energy investments. The Inflation Reduction […] Read more
Domestic Manufacturing, Energy Equity, Green Hydrogen & Others: 5 Trends to Define US Energy Market in ’23 Updated On Mon, Jan 9th, 2023 by Saurenergy A report released by Deloitte entitled, ‘2023 Renewable Energy Industry Outlook’ has provided an insight into the trends that will define the US RE market this year. 2022, the report states, the renewable energy growth in the US market saw a slowdown because on increasing costs and delays in project. Some of these trends, the […] Read more
H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland Updated On Wed, Jan 4th, 2023 by Saurenergy A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […] Read more
Africa Has EUR 1 Trillion Green Hydrogen Potential: New Study Updated On Mon, Dec 26th, 2022 by Saurenergy A new report has said that harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water and sustainable energy. The analysis is commissioned by the European Investment Bank, the […] Read more
Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project Updated On Tue, Dec 20th, 2022 by Saurenergy Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […] Read more
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
Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project Updated On Mon, Dec 19th, 2022 by Saurenergy Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […] Read more
ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project Updated On Fri, Dec 16th, 2022 by Saurenergy Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […] Read more
