Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio Updated On Thu, Feb 24th, 2022 by Saurenergy Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […] Read more
‘Rebirth of France’s Nuclear Industry’ Key for Net Zero by 2050, Says Prez Updated On Mon, Feb 14th, 2022 by Saurenergy French President Emmanuel Macron has presented his country’s goal of achieving CO2-free energy by 2050, starting with using more nuclear and renewable energy. Speaking in Belfort, north-eastern France, Macron outlined measures including the construction of solar parks, underwater wind farms, and six European pressurized nuclear reactors (EPR2s), reports Xinhua news agency. An additional eight EPR2 […] Read more
Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed Updated On Thu, Feb 3rd, 2022 by Saurenergy The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […] Read more
EU Beats 2020 RE Goal, France Lags Behind: Eurostat Updated On Fri, Jan 21st, 2022 by Saurenergy The European Union tapped renewables for 22% of its energy consumption in 2020, beating its 20% target, the EU statistics office, Eurostat, said on Wednesday. The bloc’s 27 countries are increasingly turning to wind, solar and other renewable energy sources as part of efforts to meet the EU-wide ambition of net-zero greenhouse gas emissions by […] Read more
Europe’s Metal Industry Asks EU to Help it Deliver Energy Transition Updated On Tue, Jan 18th, 2022 by Saurenergy Industry association Eurometaux has asked EU policy-makers to allow member states to support domestic producers of aluminium, zinc and silicon with state aid to ensure supplies of the metals crucial for the transition to low carbon energy. The European Union has a goal to reduce net greenhouse gas emissions by 55% from 1990 levels by […] Read more
Delhi Leans On Aggregators, Logistics Firms For Quick EV Gains Updated On Mon, Jan 17th, 2022 by Saurenergy The AAP (Aam Aadmi Party) run Delhi state government has now notified a draft “aggregator’s policy”, under which ride aggregators and delivery services will have to mandatorily adopt EVs while procuring new fleet. Just two weeks back, the state transport minister had stuck to a gentle urging to aggregators, hence the move to mandatory shift […] Read more
Coming Up Soon, The Problem OF Managing Solar Waste Updated On Mon, Jan 17th, 2022 by Saurenergy As large-scale installation of PV solar modules increases in India, the volume of modules that reach the end of their life is also expected to grow manifold. By the end of 2040, the country will represent 30% of the world’s installed solar capacity, a recent IEA report has found. India, which currently doesn’t categorise PV […] Read more
France’s Lhyfe to Produce Green H2 from Solar Energy in Germany Updated On Fri, Jan 14th, 2022 by Saurenergy French green hydrogen producer Lhyfe has signed its first project powered by solar photovoltaics in Germany, which is intended to serve local industries, transport companies, filling stations and municipalities. The 5 MW plant, which will be wholly owned by Lhyfe, is expected to up to 1200 kg of green hydrogen a day. Construction of the site […] Read more
EU Leaning Towards Controversial Move To Label Gas, Nuclear ‘Green’ Updated On Wed, Jan 5th, 2022 by Saurenergy The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The decision is widely blamed on the continent’s high dependence on gas, and a controversial decision by key member countries, especially the UK and […] Read more