McDermott Joins AquaVentus Consortium for Green H2 Production Updated On Thu, Sep 30th, 2021 by Saurenergy Texas-based McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea. AquaVentus unites international industry leaders with a shared vision for advancing hydrogen’s role as a low-carbon, affordable energy solution-combining their unique expertise to make that future a reality. […] Read more
Energize Ventures Raises $330 M to Advance Sustainable Tech Updated On Thu, Sep 30th, 2021 by Saurenergy Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […] Read more
Meyer Burger Plans to Build High-performance Module Facility in Arizona Updated On Wed, Sep 29th, 2021 by Saurenergy Meyer Burger Technology is planning a production site for high-performance solar modules in the United States. The initial production capacity will be 400 megawatts a year – with potential for further expansion to several gigawatts of capacity. The planned plant will make it possible to manufacture high-performance solar modules for the house roof segment, for […] Read more
Chariot to Build 10 GW RE-powered Green H2 Complex in Mauritania Updated On Wed, Sep 29th, 2021 by Saurenergy London-based Chariot has signed a memorandum of understanding with the Mauritanian government for green hydrogen, reports afrik21. The company wants to produce and export this less CO2-emitting energy. Mauritania could be home to one of the largest green hydrogen production projects in Africa. This is the aim of the memorandum of understanding signed recently between […] Read more
Why Prices Skyrocketed at the Power Exchange: IEEFA Updated On Wed, Sep 29th, 2021 by Saurenergy With electricity demand in India recently peaking, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) explores the supply and demand conditions that led to recent price spikes in the evening peak hours, starting in August through to September 2021. Electricity demand in India has peaked and dropped markedly as the […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
Germany’s Encavis Buys 74.5 MW Wind Portfolio in France Updated On Mon, Sep 27th, 2021 by Saurenergy Germany’s Encavis Asset Management has acquired five new wind farms in France, totalling 74.5 MW capacity, to implement the growth and diversification strategy for its special fund Encavis Infrastructure Fund II (EIF II). The seller of the renewable energy plants is the Swiss Axpo Holding AG, whose subsidiary Volkswind is responsible for planning, projecting and construction […] Read more
6K Lands $51 M for Advanced Battery Material Dev Updated On Mon, Sep 27th, 2021 by Saurenergy Massachusetts-based 6K, which produces sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team, said the firm. Funding will also […] Read more
Mercedes-Benz Buys 33% Stake in ACC Battery Project Updated On Sat, Sep 25th, 2021 by Saurenergy On its path toward an all-electric future, Mercedes-Benz is taking 33% stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules, said an official statement. As announced in July 2021, Mercedes-Benz is expected to go fully electric by the end of the […] Read more
