Enagás Renovable, Naturgy to Build 280 MW Green Hydrogen Plant in Spain Updated On Wed, Feb 15th, 2023 by Saurenergy Energy players Enagás Renovable and Naturgy will be constructing a renewable hydrogen plant with a production capacity of up to 280 MW in La Robla, Spain. As per the official statement of Enagás, the new green hydrogen plant is scheduled to start up in 2026 with an estimated investment of EUR 485 million. It will […] Read more
Amazon to Source Green Electricity from Japanese Firm Itochu Updated On Wed, Feb 15th, 2023 by Saurenergy Global ecommerce and cloud storage giant Amazon will be sourcing green energy from Clean Energy Connect through Japanese trading house Itochu for its operations. Itochu will be developing renewable energy supply networks for the purpose in Japan and America. It will also supply green power to Meta and other companies in Japan and USA to […] Read more
Chemical Giant Lanxess to Source Green Electricity from Engie Updated On Wed, Feb 15th, 2023 by Saurenergy Specialty chemicals player Lanxess has said that it has signed power full supply agreements with energy company Engie for a total of 1,400 GWh for sites in Germany and Belgium. Lanxess said that more than half will be covered by corporate power purchase agreements (cPPAs) with guarantees of origin for green power. The cPPAs run […] Read more
Italy to Welcome Enel Green’s Solar Panel Gigafactory Updated On Wed, Feb 15th, 2023 by Saurenergy Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy. Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […] Read more
Lightsource bp & Contact Energy to Develop 150 MW Solar PV Project in New Zealand Updated On Tue, Feb 14th, 2023 by Saurenergy Lightsource bp, which delves into the development and management of solar energy projects, will develop one of New Zealand’s largest solar development project at Christchurch Airport. Lightsource bp and New Zealand based Contact Energy, will together develop the 150 MW solar project. The deal marks the firm’s first project in New Zealand. The Kowhai Park […] Read more
EU Approves €2.08 Billion for Offshore Wind Energy Project in France Updated On Tue, Feb 14th, 2023 by Saurenergy The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […] Read more
India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
European Investment Bank Greenlights India’s Large Scale Hydrogen Projects with 1Bn Euro Updated On Thu, Feb 9th, 2023 by Saurenergy In a major announcement that will give India’s Hydrogen projects a push, the European Investment Bank (EIB) has given its nod on joining the India Hydrogen Alliance (IH2A) and provide impetus to green hydrogen hubs on large scale for projects located in India. Following Indian government and EIB approvals, the funding is pegged at close […] Read more
Chemical Czar LyondellBasell Signs PPAs for 560 MW Renewable Energy Updated On Thu, Feb 9th, 2023 by Saurenergy Global chemical conglomerate LyondellBasell has announced that it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs in the United States to help decarbonize its operations. The combined additional contracts represent a total of approximately 560 MW of renewable energy capacity. As per the official statement, LyondellBasell has […] Read more
