Bloomberg, Ørsted Announce 15-Year PPA For Renewable Energy Updated On Fri, Jan 19th, 2024 by Saurenergy United States (US)-based clean energy developer Ørsted announced signing an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas. This is Ørsted’s largest solar project in the US, as well as the company’s first project to incorporate conservation […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
South Korean Hanwha Group Emphasizes On ‘Decarbonization Of Shipping’ At Davos Updated On Thu, Jan 18th, 2024 by Saurenergy Vice Chairman of South Korea-based clean energy company Hanwha Group, Dong Kwan Kim, talked about the decarbonization of shipping and plans to build a zero-emission gas carrier at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland. Under this concept, the vessels will be run on alternative fuels which will happen for the first […] Read more
CIP, Ignitis Renewables Win Second Estonian Offshore Wind Tender Updated On Thu, Jan 18th, 2024 by Saurenergy Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million Having previously won the Liivi 2 site in Estonia’s first offshore […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
Meyer Burger Announces Halt On German Manufacturing Plant, US Focus Updated On Thu, Jan 18th, 2024 by Saurenergy The massive Chinese push into Europe with the resultant high inventory levels (estimated at 90 GW, almost equal to two years of capacity additions) and low prices has claimed its first big victim. Meyer Burger Technology AG, a long-time pioneer and technology leader in the global photovoltaic industry, has prepared a plan to cut losses […] Read more
MNRE Notifies New Scheme To Boost Green Ammonia Production In India Updated On Wed, Jan 17th, 2024 by Saurenergy The MNRE Ministry has announced that President Droupadi Murmu has sanctioned a new scheme for procurement of Green Ammonia under “Mode-2A” of the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme that comes under National Green Hydrogen Mission (NGHM). As per the new notification of MNRE, the aim of the scheme is to maximize the […] Read more
Envision Energy Collaborates With Five Healthcare Firms for Net Zero Health Systems Updated On Wed, Jan 17th, 2024 by Saurenergy Envision Energy, a company associated with green technology, has collaborated with five global healthcare companies regarding the transition to net zero health systems. The project aims to deliver around 200 gigawatt-hours (GWh) of green power annually from this year. This multi-party agreement across healthcare and renewable energy companies brings together for the first time five […] Read more
Perovskite Panel Startup Tandem PV Rolls Ahead With $6 m Funding Updated On Wed, Jan 17th, 2024 by Saurenergy US based perovskite company Tandem PV has secured US$6 million in funding to advance research and development (R&D) and plans to build its first manufacturing plant. The funding round was led by venture capital firm Planetary Technologies, an existing investor in the company, with new backers including Uncorrelated Ventures, another venture capital firm, and solar […] Read more