Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project Updated On Mon, Dec 19th, 2022 by Saurenergy Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […] Read more
In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding Updated On Fri, Dec 16th, 2022 by Saurenergy Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […] Read more
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World Updated On Wed, Dec 14th, 2022 by Saurenergy Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […] Read more
Germany Offers EUR 112 Mn Euros to Kenya for Renewables, Hydrogen Updated On Tue, Dec 13th, 2022 by Saurenergy The German government is mulling to provide EUR 112 million or $118 million to Kenya to help the East African nation develop its renewable energy sector further and achieve 100% renewable energy faster. The funds being offered will also help Kenya for the manufacturing of green hydrogen. According to reports, the production of green hydrogen […] Read more
MG4 Electric Receives a Five-Star Safety Rating from Euro NCAP Updated On Thu, Dec 8th, 2022 by Saurenergy The European subsidiary of Chinese automotive manufacturer, MG Motor Europe, the new all-electric MG4 hatchback has received the highest possible five-star Euro NCAP (The European New Car Assessment Programme) safety rating. The European New Car Assessment Programme was established in 1996 and is a voluntary European initiative for evaluating the safety of new cars. It […] Read more
European Aerospace Corporation Airbus to Buy Green Hydrogen from India Updated On Tue, Dec 6th, 2022 by Saurenergy As the world realises the significance of green hydrogen in the transition towards a cleaner world and decarbonisation, more and more corporations are looking to power their operations with it. Airbus, the multinational aerospace European giant is the most recent to jump onto the bandwagon. Airbus has set sights on procuring Green Hydrogen from India, […] Read more
CCPI Report: “Monitoring Climate Mitigation Efforts of 59 Countries plus the EU” Updated On Wed, Nov 30th, 2022 by Saurenergy A study entitled “Monitoring Climate Mitigation Efforts of 59 Countries plus the EU” has been released by CCPI (Climate Change Performance Index). The invasion of Ukraine by Russia serves as a reminder of how highly dependent most nations still are on fossil fuels. The ability of nations to operate and provide for their inhabitants with […] Read more
Solar Farm in Space? European Space Agency Contemplates the Idea Updated On Thu, Nov 24th, 2022 by Saurenergy Scientists are on an ambitious plan to harness solar energy from orbit to power the planet. At a two-day conference in Paris, the European Space Agency (ESA), which the UK is a part of, is debating ideas for building a solar farm in space. To transmit microwave energy to Earth, analogous to the high-frequency radio […] Read more
