CIP, NZ Pension Fund Explore Wind Farm To Support 100% Renewable Target By 2030 Updated On Fri, Apr 1st, 2022 by Saurenergy New Zealand Superannuation Fund has partnered with Denmark based Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind farms in the country. The projects may come up in a large bay on the western coast of North Island – South Taranaki Bight. The pension fund can invest $1.75 billion in a wind […] Read more
Even as New York hits fresh highs on solar power, Indian metros lag despite advantages Updated On Thu, Mar 31st, 2022 by Saurenergy The New York Independent System Operator said March 29 that about 750 MW of incremental behind-the-meter solar power capacity has been added over the past year, helping the state recently set a record high of 2,328 MW of BTM meter solar output, reports US data and analytics provider S&P Global. The NYISO estimated that BTM […] Read more
Amazon India and SUN Mobility to Add Faster to EV Fleet With Battery Swapping Updated On Thu, Mar 31st, 2022 by Saurenergy Amazon India is working together with SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), to expand the deployment of EVs integrated with battery swapping technology for its transportation and logistics services. These EVs will contribute to Amazon India’s commitment of adding 10,000 electric vehicles in its India delivery fleet […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
British Intl Invt invests $89 M to scale renewable energy in India Updated On Thu, Mar 31st, 2022 by Saurenergy British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […] Read more
Australia’s Woodside Petroleum to Fund Heliogen’s CSP Technology Updated On Wed, Mar 30th, 2022 by Saurenergy Heliogen, a provider of AI-enabled concentrated solar energy, and Woodside Energy, a wholly-owned subsidiary of Australian energy producer Woodside Petroleum Ltd, have announced a project agreement for the commercial-scale demonstration deployment of Heliogen’s AI-enabled concentrated solar energy technology proposed to be built in Mojave, California. The project agreement follows the previous announcement by Woodside to […] Read more
Bulgaria May Add 4.9 GW of Renewable Energy by 2031 Updated On Wed, Mar 30th, 2022 by Saurenergy According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […] Read more
IntriEnergy Bags Patent for its Solar Technology in India Updated On Wed, Mar 30th, 2022 by Saurenergy According to the International Energy Agency (IEA), Italy-based solar technology company IntriEnergy Inc. has been granted Intellectual Property Rights (IPR) protection in India for its technology that increases the productivity of solar cells. IntriEnergy filed for a patent in India on July 28, 2015. Patent number 390862 was granted officially on February 28, 2022 but IntriEnergy will have […] Read more