Storage Major Fluence Energy Targets $744 Million IPO Updated On Wed, Oct 20th, 2021 by Saurenergy Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […] Read more
Reliance In Deal With Stiesdal To Develop And Manufacture Electrolysers Updated On Thu, Oct 14th, 2021 by Saurenergy Continuing with its slew of deal making this week, Reliance New Energy Solar (RNESL), a subsidiary of Reliance Industries has announced a partnership with Danish company Stiesdal A/S to develop and manufacture hydrogen electrolysers. These are the final, critical part of the chain to produce green hydrogen, with energy for the electrolysers coming from renewable […] Read more
Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’ Updated On Thu, Oct 14th, 2021 by Saurenergy A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […] Read more
8th India-Sweden Innovation Day ’21 to Focus on Green Tech Updated On Wed, Oct 13th, 2021 by Saurenergy India and Sweden are set to celebrate the 8th Innovation Day on 26th October at 08:00-16:30 (Swedish Time) and 11:30-20:00 (Indian Time). The online event themed “Accelerating India Sweden’s Green Transition” is hosted by India Unlimited in association with the Embassy of India in Sweden, Sweden-India Business Council, and Confederation of Indian Industry (CII). India […] Read more
Co-Investing and Developing Green Technologies Only Pathway For India To Achieve Net Zero: Report Updated On Wed, Oct 13th, 2021 by Saurenergy India’s net zero goals, where the country has firmly resisted any pressure to provide a deadline, was the focus of a report by the Council on Green Energy and Water (CEEW). The report posits that India’s total installed solar power capacity would need to increase to 5630 gigawatt (GW) if it were to commit to […] Read more
Vensys to Supply Turbines to Repower RES’ 24 MW WInd Farm in France Updated On Tue, Oct 12th, 2021 by Saurenergy RES SAS, the Turkey-based subsidiary of RES, has ordered 16 turbines from German gearless wind turbine manufacturer Vensys for the repowering of 24 MW of the Souleilla-Corbières wind farm in the south of France. The deal is for Vensys62 1.5MW gearless machines with hub heights of 49 meters. Souleilla-Corbières currently has a capacity of 20.8 MW […] Read more
GE Renewable Confirms 900 MW Wind Order, Tests 14 MW Haliade-X Turbine Updated On Tue, Oct 12th, 2021 by Saurenergy GE Renewable Energy confirmed on October 11 that it received a firm order in September, to supply its Haliade-X offshore wind turbines to the 800MW Vineyard Wind 1 project. In December 2020, it was the designated preferred supplier. The Vineyard Wind is currently building the first utility-scale offshore wind energy project over 15 miles off […] Read more
Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä Updated On Mon, Oct 11th, 2021 by Saurenergy Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […] Read more
Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study Updated On Thu, Oct 7th, 2021 by Saurenergy Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […] Read more
