EIF Commits €150 Mn To White Summit Capital Infrastructure Fund II Updated On Wed, Jan 31st, 2024 by Saurenergy The European Investment Fund (EIF) recently signed a €150 million commitment to the White Summit Capital Decarbonisation Infrastructure Fund II (WDIF II). European Investment Fund (EIF), a part of the European Investment Bank Group recently signed an agreement with ‘White Summit Capital’ which forms a specialised energy transition infrastructure investment manager. The project has the […] Read more
Statkraft To Initiate 3GW Renewable Energy Projects in Ireland by 2030 Updated On Tue, Jan 30th, 2024 by Saurenergy Europe-based renewable energy company Statkraft has announced its plans to roll out 3000MW of renewable energy projects in Ireland by 2030. These projects will also include a 500MW North Irish Sea Array (NISA) offshore wind project. The 3000MW projects by Statkraft include 1500MW projects that were completed recently or whose construction is underway, a 330MW […] Read more
Amazon Signs Pact With ENGIE To Procure 473MW RE From Wind Farm Updated On Tue, Jan 30th, 2024 by Saurenergy Amazon signed a corporate power purchase agreement (CPPA) with ENGIE, increasing its output share from Ocean Winds’ Moray West offshore wind farm. The agreement would bring Scotland’s total renewable energy capacity operational this year to 473MW when the site becomes operational later this year. ENGIE stated, “This is enough energy to power more than 650,000 […] Read more
Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden Updated On Tue, Jan 30th, 2024 by Saurenergy Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […] Read more
French Researchers (PROMES-CNRS Lab) Invent Solar Pyrolysis To Recycle Lithium Batteries Updated On Tue, Jan 30th, 2024 by Saurenergy Research conducted at the PROMES-CNRS laboratory, under the leadership of Gilles Flamant, has recently validated the viability of employing a solar-powered pyro-metallurgical process for recycling valuable elements such as lithium, nickel, cobalt, and others from lithium-ion batteries. The PROMES-CNRS laboratory specializes in endeavors aimed at industrial decarbonization through the utilization of extremely high-temperature solar energy. […] Read more
Electricity Demand Growth Grew Fastest In India, China: IEA Report Updated On Mon, Jan 29th, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that electricity demand in 2023 plummeted in the United States and European countries. It, however, said that the power demand in India, China, and some South Asian countries grew rapidly. The global energy think tank attributed several reasons for the same. The report said that while China, […] Read more
Tracker Firm PVH Claims New Process Will Reduce Installation Time by 40% Updated On Mon, Jan 29th, 2024 by Saurenergy Valencia, Spain based PVHardware (PVH or Polígono Industrial Castilla Vial), a global solar tracker manufacturing firm, has unveiled what it terms a groundbreaking in-house pre-assembly process across all production centers, marking a seismic shift in solar installation efficiency. PVH claims that this strategic innovation dramatically slashes the number of components shipped to installation sites by […] Read more
CapitaLand Trust Commissions 21 MW Solar Plant In Tamil Nadu Updated On Mon, Jan 29th, 2024 by Saurenergy CapitaLand India Trust (CLINT) has set up its first captive solar power plant in Tamil Nadu, India. The 21-megawatt (MW) solar plant will generate over 30 million kilowatt-hours (kWh) of electricity annually and meet the power supply needs of 2 million sq ft equivalent of office space. The power generated from the solar plant will […] Read more
EDP Renewables Commissions 297 MW Sharp Hills Wind Farm in Canada’s Alberta Updated On Thu, Jan 25th, 2024 by Saurenergy Renewable energy company EDP Renewables along with its Canada-based arm commissioned the Sharp Hills Wind Farm near the hamlets of Sedalia and New Bridgen in Alberta, Canada. The project aims to elevate Alberta’s status as a renewable energy leader in Canada as well as to diversify the energy resources in the province. The Sharp Hills […] Read more
