China Fears Recede Somewhat, As EU’s Green Deal Industrial Plan Worries About US Updated On Mon, Feb 6th, 2023 by Saurenergy If you thought that the renewed push for manufacturing in the US, EU and even India for that matter, was linked to countering China’s dominance of global manufacturing, think again. The European Union has finally released details of its $270 billion Green Deal Industrial plan to spur manufacturing in the continent. In what many see […] Read more
EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen Updated On Wed, Nov 9th, 2022 by Saurenergy On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […] Read more
European Union to Invest $5.2 Billion More for Green Hydrogen Projects Updated On Tue, Oct 4th, 2022 by Saurenergy To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […] Read more
EU Crunches Permit Process for RE projects To Under One year To Speed Growth Updated On Tue, May 10th, 2022 by Saurenergy The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member […] Read more
Power Minister Calls for International Credit Guarantee and RE Bank for RE Development Updated On Mon, Apr 25th, 2022 by Saurenergy While addressing the round table conference at the International Solar Alliance (ISA) in Gurgaon, Union Minister for Power and New and Renewable Energy, R.K Singh said that the world now requires setting up of an international credit guarantee fund and a renewable energy bank that will help the world with renewable energy projects’ development. The […] Read more
European Commission Ponders Hiking Renewable Energy Target To 45% By 2030 Updated On Thu, Apr 21st, 2022 by Saurenergy The Ukraine-Russia conflict, and the vagaries of climate change might just have nudged the European Commission when it comes to its renewable energy targets. The European Commission is analyzing if the Union can achieve a higher aim of having 45% of its energy coming from renewable sources by 2030. Currently the European Commission has proposed […] Read more
Vestas Will Discontinue Four Wind Energy Projects in Russia Updated On Wed, Mar 9th, 2022 by Saurenergy Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […] Read more
European Commission President Bats for Hydrogen and Renewables to Russian Overhang Updated On Mon, Mar 7th, 2022 by Saurenergy European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […] Read more
Europe’s Metal Industry Asks EU to Help it Deliver Energy Transition Updated On Tue, Jan 18th, 2022 by Saurenergy Industry association Eurometaux has asked EU policy-makers to allow member states to support domestic producers of aluminium, zinc and silicon with state aid to ensure supplies of the metals crucial for the transition to low carbon energy. The European Union has a goal to reduce net greenhouse gas emissions by 55% from 1990 levels by […] Read more
