Germany’s AE Solar Plans EUR 1 Billion Solar Panel Facility in Romania Updated On Tue, Mar 7th, 2023 by Saurenergy Prime Minister of Romania Nicolae-Ionel Ciucă has met with AE Solar and Black Sea Universities Network representatives and German renewables player AE Solar has announced that it would open a factory for solar panel manufacturing in Romania. AE Solar also mentioned that the company will see an investment coming to the tune of EUR 1 […] Read more
Ex Meta Executive Satish Mittal Takes Over Reins of Chargeup as Chief Digital Officer Updated On Tue, Feb 28th, 2023 by Saurenergy A builder of network of EV charging and battery swapping solutions, Chargeup, has announced the onboarding of former Meta Executive and ex-CTO, Vodafone, Satish Mittal, as the firm’s Chief Digital Officer. Assuming the new role, Satish will be responsible for accelerating technology, digital, and partnerships initiatives for the brand. Satish’s appointment comes at a juncture […] Read more
USA’s Ameresco to Acquire Italy’s Enerqos to Expand Portfolio in Europe Updated On Tue, Feb 28th, 2023 by Saurenergy US-based Ameresco, a developer, owner and operator of renewable energy has revealed that it has signed an agreement aimed at the acquisition of ENERQOS Energy Solutions S.r.l. ENERQOS is a renewable energy and energy efficiency firm that is based in Milan. With the acquisition, Ameresco’s expansion of portfolio in clean energy projects and solutions all […] Read more
Finland, Luxembourg Commit For EU’s Renewable Energy Financing Mechanism Updated On Tue, Feb 28th, 2023 by Saurenergy The implementation of the EU renewable energy financing mechanism has taken an important step forward as binding commitments have come from Finland and Luxembourg who will now take part in a cross-border tender for renewable energy. The announcement by the two countries follows an invitation by the Commission to all EU countries last year to […] Read more
Canadian Solar Renews EUR 100 Million Note Program Updated On Tue, Feb 28th, 2023 by Saurenergy Canadian Solar Inc. has announced that Canadian Solar EMEA Capital Markets, its wholly-owned subsidiary in Spain, has registered its EUR 100 million medium term note program in the MARF (a Spanish multilateral trading facility). Canadian Solar said that any payment under the notes issued under the note program will be guaranteed by the company. The […] Read more
Germany’s BayWa r.e. Builds Central Europe’s Largest Floating Solar Plant Updated On Wed, Feb 22nd, 2023 by Saurenergy ECOwind, a subsidiary of German developer, BayWa r.e., together with Austrian energy supplier EVN, has built central Europe’s largest floating PV array in Austria. The 24.5 MWp capacity plant in Grafenwörth in the state of Lower Austria covers an area of 14 hectares on two artificial lakes of a former sand and gravel pit. It […] Read more
EU Saved €12 Billion Due to Wind & Solar Expansion Due to Ukraine-Russia Conflict: Ember Report Updated On Wed, Feb 22nd, 2023 by Saurenergy The conflict between Russia and Ukraine that continues for a year now has proved to be a ‘blessing in disguise’ for the European Union with regards to renewables. An analysis by Ember – an energy think tank – has revealed that the European Union has saved more than EUR 12 million through a switch from […] Read more
Romania Gets €259 Million EU Aid for Solar Panels & Battery Production Updated On Fri, Feb 17th, 2023 by Saurenergy Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […] Read more
EU Approves €2.08 Billion for Offshore Wind Energy Project in France Updated On Tue, Feb 14th, 2023 by Saurenergy The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […] Read more
