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
Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge Updated On Mon, Oct 3rd, 2022 by Saurenergy One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […] Read more
Whirlpool To Reach 100 Percent Renewable Electricity For US Plant Operations By 2023 Updated On Fri, Sep 23rd, 2022 by Saurenergy Global kitchen and laundry company Whirlpool Corp. has announced that it has entered into a second wind Virtual Power Purchase Agreement (VPPA) with Engie North America to accelerate progress towards its commitment to reach Net Zero emissions in its plants and operations by 2030. Whirlpool said that this agreement with Engie will represent 53 MW […] Read more
Tata Power RE, Three Other Firms Win GUVNL’s 750 MW Solar Project Updated On Tue, Sep 20th, 2022 by Saurenergy The 750 MW grid-connected solar project power purchase auction for Gujarat Urja Vikas Nigam (GUVNL) has concluded Solarcraft Power India, Solairedirect Energy, Tata Power Renewable Energy, and Utkrrisht Solar Energy as the winners. Solairedirect won 200 MW at Rs. 2.50/kWh, and Solarcraft earned 120 MW with a quote of Rs. 2.49/KW. 300 MW at a […] Read more
Pine Gate Renewables Executes 1 GW of Power Purchase Agreements Updated On Fri, Sep 16th, 2022 by Saurenergy North Carolina, US based Pine Gate Renewables has announced that it has successfully contracted nearly 1 GW of late-stage solar development projects. Pine Gate claims to be a leading renewable energy developer for utility-scale solar and storage. The official statement of Pine Gate Renewables held that the combined Power Purchase Agreements (PPAs) support enough energy […] Read more
Togo Invites RFP for 50 MW Solar Under World Bank’s Scaling Solar Program Updated On Thu, Sep 8th, 2022 by Saurenergy Togo’s government has issued a request for proposals (RFP) from shortlisted bidders for a 50 MW grid-connected solar PV tender held in December 2019 as part of the Scaling Solar Initiative of the World Bank Group. The last date for submitting the online bid is December 15, 2022. To build two solar PV projects with […] Read more
US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […] Read more
Hy2gen, Technip Energies Begin Feasibility Studies On Renewable Fuels Updated On Wed, Aug 17th, 2022 by Saurenergy Germany based company Hy2gen, which builds and operates plants for green hydrogen production and France based Technip Energies- a leading provider of services for low carbon energy market, have said that they are launching the feasibility studies phase for the Hynovera project in Meyreuil, Bouches-du-Rhône, France. The project aims to produce renewable fuels for aviation […] Read more
MasTec to Acquire Infrastructure and Energy Alternatives (IEA) Updated On Tue, Jul 26th, 2022 by Saurenergy MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […] Read more
