Renewable PPA’s In Europe Surge 8.1% QoQ Updated On Wed, Apr 13th, 2022 by Saurenergy European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […] Read more
EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief Updated On Tue, Apr 12th, 2022 by Saurenergy Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […] Read more
In Conversation with Nitin Gupta, Co-Founder, Attero Recycling Updated On Thu, Apr 7th, 2022 by Saurenergy As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […] Read more
Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
Sono Motors signs up new Finland partner for solar car Updated On Wed, Apr 6th, 2022 by Saurenergy Germany’s Sono Motors has signed up a new partner for its partly solar-powered cars and is sticking to its goal of commercial production in 2023, after abandoning talks with the electric carmaking arm of indebted Chinese property developer Evergrande. Sono said on Tuesday it would produce its first vehicles in Finland with supplier Valmet Automotive, […] Read more
The Top 5: Biggest Exporters of Electricity in the World Updated On Wed, Apr 6th, 2022 by Saurenergy In the aftermath of the Russian invasion of Ukraine, the western world reacted with a slew of sanctions on Russia. As it turns out, the sanctions topped short of a complete ban on Russian energy – oil, gas, and coal imports. Even as the UK decided to phase out Russian oil by the end of […] Read more
Siemens Energy plans Multi-Gigawatt Electrolyser Factory in Berlin Updated On Mon, Apr 4th, 2022 by Saurenergy Siemens Energy has said that it will build a multi-gigawatt (GW) proton exchange membrane (PEM) electrolyser factory in Germany for green hydrogen. It said that the first 1GW segment will be made operational in 2023. The PEM electrolyser factory will be a highly automated facility that will be constructed in an existing production building which is already […] Read more
World’s largest hydrogen taxi fleet to be powered by Cummins electrolyser Updated On Mon, Apr 4th, 2022 by Saurenergy Cummins Inc., through its affiliate Hydrogenics Europe N.V., has signed a contract to supply a 2.5-megawatt (MW) electrolyser to Hysetco, a hydrogen mobility company owned by Total Energies, Air Liquide, Toyota, Kouros and others. The electrolyser will enable local hydrogen production in Paris, France, to power Hysetco’s ambitious project, which aspires to develop and operate […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
