BP Takes 50% Stake in two Offshore Wind Projects of Equinor for $1.1 Bn Updated On Fri, Sep 11th, 2020 by Saurenergy Equinor has entered into an agreement with BP to sell 50% interest in two offshore wind assets on the US east coast at a reported USD 1.1 billion value Equinor has announced that it has entered into an agreement with BP to sell 50 percent non-operated interests in the Empire Wind and Beacon Wind assets […] Read more
Covid Continues To Reshape India’s Global Solar Ties Updated On Wed, Sep 9th, 2020 by Saurenergy The global covid pandemic is reshaping the solar landscape like never before. While on one hand it has jolted countries like India to the need for establishing their own supply chains, on the other hand it has also brought home the imperative for a shared energy future. “We are in the process of overhauling India’s supply chain […] Read more
Manufacturing, Affordability And Efficiency in Focus at CEO Session Solar Tech Summit Updated On Wed, Sep 9th, 2020 by Saurenergy The CEO’s session at the first World Solar Technology Summit by the ISA saw head honchos make a strong pitch for a broader manufacturing supply chain, besides the need to maintain the price trajectory and seek higher efficiency. In a session moderated by Jeanette Rodrigues, Mumbai bureau chief of Bloomberg LP, gloal CEO’s weighed in […] Read more
Total and PSA Form JV ‘ACC’ to Manufacture EV Batteries in Europe Updated On Tue, Sep 8th, 2020 by Saurenergy PSA and Tota have formed a JV ‘ACC’ for the development and manufacture of high-performance batteries for the automotive industry from 2023. Groupe PSA/Opel and Total/Saft have signed an agreement for the creation of the joint venture ACC. With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance […] Read more
Saipem to Co-Develop 450 MW Offshore Wind Farm in Italy Updated On Wed, Aug 26th, 2020 by Saurenergy Saipem has announced the signing of an MoU with AGNES and QINT’X to co-develop a 450 MW offshore wind farm in the Adriatic Sea off the coast of Italy. Saipem has announced the signing of a Memorandum of Understanding (MoU) with AGNES, a company that develops renewable energy projects in the Adriatic Sea, and QINT’X, […] Read more
Danske Signs 15-Year PPA With World’s Largest Offshore Wind Farm Updated On Tue, Aug 18th, 2020 by Saurenergy Equinor’s energy trading arm – Danske Commodities has signed a 15-year offtake PPA with the world’s largest planned offshore wind farm, Dogger Bank. Equinor’s energy trading arm – Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the world’s largest planned offshore wind farm, Dogger Bank. Under the […] Read more
Electric Truck Sales to Increase Exponentially by 2025: WoodMac Updated On Tue, Aug 11th, 2020 by Saurenergy There were just over 2000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by 2025, according to Wood Mackenzie There were just over 2,000 electric trucks on US roads at the end of 2019. This stock is expected to grow to over 54,000 by […] Read more
Bosch Signs 3 Long-Term Agreements to Procure Solar Power Updated On Thu, Aug 6th, 2020 by Saurenergy Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall. Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has […] Read more
Offshore Wind to Surge to 234 GW by 2030, Create 900K Jobs: GWEC Updated On Thu, Aug 6th, 2020 by Saurenergy Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific region Global offshore wind capacity will surge to over 234 GW by 2030 from 29.1 GW at the end of 2019, led by exponential growth in the Asia-Pacific […] Read more