Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund Updated On Fri, Oct 14th, 2022 by Saurenergy Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […] Read more
eBikeGo Appoints Ivan Contreras as CEO to Fully-Owned Subsidiary in Europe Updated On Wed, Oct 12th, 2022 by Saurenergy Noida-based electric two-wheeler mobility platform, eBikeGo recently announced that it is now going international through its fully owned subsidiary in Europe (eBikeGo EU) with the appointment of the Spanish director, Ivan Contreras as the CEO to lead the international expansion. eBikeGo would be engaged in international sales of electric scooter Muvi and electric trike Velocipedo. […] Read more
Hydrogen Firm Symbio to Invest EUR 1 Bn in Fuel Cell Production in France Updated On Wed, Oct 12th, 2022 by Saurenergy Faurecia and Michelin joint venture, Symbio, has announced the global scale of its HyMotive project that is to entail a total investment of EUR 1 billion in fuel cell production across France through 2028. The official statement of Symbio held that HyMotive will multiply Symbio’s capabilities in two phases. Symbio is a global hydrogen fuel […] Read more
High Energy Prices Could Trip Up European Solar Manufacturing Plans-Rystad Updated On Mon, Oct 10th, 2022 by Saurenergy Energy Research Agency Rystad Energy has warned that record high electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. The warning comes even as renewable power producers in the continent have pushed for keeping the […] Read more
Green Marketplace Reneum Raises $4.1M Pre-Seed Funding Led by Ajeej Capital Updated On Fri, Oct 7th, 2022 by Saurenergy The blockchain-based green energy marketplace Reneum Institute has announced that it has secured a $4.1 million pre-seed funding round led by Ajeej Capital, a major player in the Dubai investment sector. Reneum just graduated from the polygon-backed accelerator program run by Outlier Ventures and is an investor. Reneum is additionally supported by the MENA and […] Read more
Sixt to Buy 100,000 BYD EVs for European Fleet in Next Six Years Updated On Fri, Oct 7th, 2022 by Saurenergy Global mobility service provider, Germany-based Sixt and world’s largest manufacturer of New Energy Vehicles, BYD, have signed an agreement under which Sixt has ordered several thousand of pure-electric vehicles from BYD initially, the first of which will be available for Sixt customers in Europe in the last quarter of 2022. As per Sixt, the initial […] Read more
LevelTen Energy to Expand Asset Marketplace to Europe Updated On Thu, Oct 6th, 2022 by Saurenergy LevelTen Energy, a leading provider of renewable transaction infrastructure, today announced the European expansion of the LevelTen Asset Marketplace, an online platform for buying and selling renewable energy assets. European Reach Since launching in North America in 2021, nearly 250 unique developers have participated in Asset Marketplace RFPs, resulting in 11 closed deals and many […] Read more
European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark Updated On Thu, Oct 6th, 2022 by Saurenergy Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […] Read more
European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen Updated On Thu, Oct 6th, 2022 by Saurenergy The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […] Read more
