Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy Updated On Fri, Feb 17th, 2023 by Saurenergy Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […] Read more
Brooge Energy, Siemens Energy Partner For Solar & Green Hydrogen in UAE Updated On Thu, Feb 16th, 2023 by Saurenergy Cayman Islands-based infrastructure provider Brooge Energy Ltd has announced a partnership through the company’s subsidiary Brooge Renewable Energy with Siemens Energy to build a solar PV farm to supply the Green Hydrogen and Green Ammonia project of Brooge Renewable Energy in Abu Dhabi, UAE. The announcement was made at the World Government Summit 2023 in […] Read more
European Investment Bank Greenlights India’s Large Scale Hydrogen Projects with 1Bn Euro Updated On Thu, Feb 9th, 2023 by Saurenergy In a major announcement that will give India’s Hydrogen projects a push, the European Investment Bank (EIB) has given its nod on joining the India Hydrogen Alliance (IH2A) and provide impetus to green hydrogen hubs on large scale for projects located in India. Following Indian government and EIB approvals, the funding is pegged at close […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […] Read more
Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects Updated On Wed, Jan 18th, 2023 by Saurenergy Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […] Read more
India & IRENA Forge Partnership to Spur Renewable Energy Updated On Mon, Jan 16th, 2023 by Saurenergy The Ministry of New & Renewable Energy has entered into a strategic partnership with International Renewable Energy Agency. The partnership will pave the path for the development of renewable energy. The signatories for said the agreement between India and IRENA were Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General […] Read more
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
