KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
Netherlands Cabinets Target 70 GW Offshore Wind by 2050 Updated On Mon, Sep 19th, 2022 by Saurenergy The Netherlands government has set an offshore wind power target of 70 GW that it says needs to be achieved by 2050. The new target is to further sustainability and green hydrogen manufacturing to combat the climate change challenges. The government assumes that by 2040, it will be able to generate about 50 GW of […] Read more
Siemens Commissions One of Germany’s Largest Green Hydrogen Facility Updated On Fri, Sep 16th, 2022 by Saurenergy Global RE conglomerate Siemens has said that it has commissioned one of Germany’s largest green hydrogen generation plants in Wunsiedel, Upper Franconia. Bavaria’s Minister-President Markus Söder, Siemens Managing Board member Matthias Rebellius and Financial Services CEO Veronika Bienert handed over the plant to the operating company WUN H2, represented by Managing Directors Thilo Rießner and […] Read more
USA’s Energy Harbor Announces Great Lakes Clean Hydrogen Partnership Updated On Wed, Sep 14th, 2022 by Saurenergy USA’s clean energy generator Energy Harbor Corporation has announced joining forces with the University of Toledo, major industrial companies in the region, several DOE national laboratories and others to form a new industry-led coalition called the Great Lakes Clean Hydrogen (GLCH). The coalition is to transition the Midwest state of the USA into a leading […] Read more
Ohmium to Supply 343 MW of Green Hydrogen to Tarafert’s Mexico Facility Updated On Mon, Sep 12th, 2022 by Saurenergy Ohmium International, that delves in designing, manufacturing, and deployment of PEM Electrolyzers for green hydrogen, has said that it has signed an agreement to provide 343 MW of green hydrogen electrolyzers to Tarafert in Mexico. Tarafert is a developer of large-scale urea fertilizer and green ammonia with its production facility in Mexico. The official statement […] Read more
Jindal Stainless Seeks Developer for 300 MW Solar & Wind Plant Updated On Mon, Sep 12th, 2022 by Saurenergy JSL is seeking partners to build 300 MW solar and wind capacity in states like Odisha, Haryana and Rajasthan. According to Managing Director Abhyuday Jindal, Jindal Stainless Limited (JSL) is implementing several strategies to lower the carbon emissions generated by its current and future operations, including the installation of renewable energy facilities. As shared by […] Read more
Cummins to Expand Belgium Electrolyzer Manufacturing Capacity To 1 GW Updated On Fri, Sep 9th, 2022 by Saurenergy American multinational Cummins Inc. has announced that it will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 GW with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. Cummins held that IPCEI will help Cummins develop a new generation of PEM electrolyzer cell stacks to power large-scale […] Read more
Adani Announces Three Gigafactories as Part of $70 Billion Investment Updated On Thu, Sep 8th, 2022 by Saurenergy The Chairman and Founder of Adani Group, Gautam Adani has said that his company, Adani Group, will be investing in the construction of three giga-factories that will manufacture key equipment required for the expansion of renewable energy. The three gigafactories will be part of the $ 70 billion investment by the group in clean and […] Read more
POSCO, Greenko Collaborate to Produce Green Hydrogen, Ammonia in India Updated On Mon, Sep 5th, 2022 by Saurenergy Global steel conglomerate POSCO Holdings and Greenko subsidiary ZeroC have announced that they have signed a strategic partnership under which the two companies will delve into the production of green hydrogen, ammonia and other derivatives in India. The renewable energy production will be meant for both domestic and foreign consumption. POSCO Holdings revealed that the […] Read more
