BASF & RWE to Build a 2GW Offshore Wind & H2 Project in Ludwigshafen Updated On Mon, May 24th, 2021 by Saurenergy German chemicals giant BASF and energy company RWE presented a project idea on Friday to build an additional offshore wind farm with a capacity of 2 GW to provide the Ludwigshafen chemical site with green electricity and enable CO2-free production of hydrogen. The aim is to electrify the production processes for basic chemicals, which are […] Read more
Green Hydrogen Not a Blanket Alternative to Fossil Fuels? Updated On Thu, May 20th, 2021 by Saurenergy Green hydrogen is increasingly being built up as the ideal clean fuel for a carbon-neutral tomorrow, but is it a viable replacement for the use of fossil fuels in cars or domestic heating systems? In a recently published study conducted by Germany’s Potsdam Institute for Climate Impact Research (PIK), scientists have found that even though […] Read more
Power Factors Set to Acquire Software Platform 3megawatt Updated On Wed, May 19th, 2021 by Saurenergy Costa Mesa-headquartered Power Factors, LLC, a leading renewable energy software provider in the U.S., announced today its entry into a definitive agreement to acquire 3megawatt GmbH, the German developer of the best-in-class BluePoint asset management software platform. Power Factors, LLC, offers hardware-agnostic software-as-a-service solution for performance monitoring, asset management, and optimization. 3megawatt’s mission is to […] Read more
Top 10 Polysilicon Rankings for 2020- The Future To be 90 Percent China Updated On Mon, May 17th, 2021 by Saurenergy German research firm Bernreuter research has released its latest ranking of Polysilicon manufacturers, and the prognosis for non-Chinese manufacturers is not good. The firm predicts that the world’s four largest polysilicon manufacturers in 2022 will all be based in China. in 2020, Wacker Chemie, the German firm which was actually no. 1 till 2019, lost […] Read more
Italian Firms ERG & Telenergia Sign 10-Year PPA for Green Energy Supply Updated On Sat, May 15th, 2021 by Saurenergy ERG Power Generation and Telenergia have signed a ten-year corporate PPA (Power Purchase Agreement) for the supply of 3.4 Terawatt-hours (TWh) of green energy for the period 2022-2031. While the former is a subsidiary of ERG, primary independent producer of electricity from renewable sources, the latter is a subsidiary of TIM, leading group in Italy […] Read more
Swedish Company Exeger Raises USD 38 Million in Debt Financing Updated On Wed, May 12th, 2021 by Saurenergy Sweden’s Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan […] Read more
India and the EU Commit to Energy Connectivity Partnership Updated On Mon, May 10th, 2021 by Saurenergy Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […] Read more
Vattenfall Collaborates with Eramet Norway to Support the Norwegian Electricity Grid Updated On Mon, May 10th, 2021 by Saurenergy Through the collaboration between Vattenfall, Sympower and Statnett, ferro-alloy company Eramet Norway has gained access to FFR (Fast Frequency Reserve) between May and October 2021. This means that they can contribute to a stable power grid, not only in Norway, but throughout the entire Nordic electricity grid if a power failure occurs. Energy sources such as […] Read more
Highest-ever Boom in Copper Amid Clean Energy Transition: Bloomberg Updated On Mon, May 10th, 2021 by Saurenergy According to recent analysis by Bloomberg, a New York City-headquartered data and media company, copper surged this week to its highest-ever and copper future prices rose as high as $10,440 a ton in London. This follows the boom in copper spread over the past year, which caused prices to double in the period. The year 2011 […] Read more
