IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
U.K. Govt Gives a £166.5 Million Major Cash Boost to Green Tech Updated On Thu, May 27th, 2021 by Saurenergy The UK government recently announced a £166.5 million cash injection for the country’s green technology and development, as part of the Green Industrial Revolution. The funding package will help the UK meet its climate targets, create jobs, and decarbonise its most polluting industries. Energy Minister Anne-Marie Trevelyan said, “Just 6 months ago, the Prime Minister set […] Read more
Norwegian Gen2 Partners with a Scottish Firm to Export Green H2 to U.K. Updated On Tue, May 25th, 2021 by Saurenergy Gen2 Energy, a Norwegian green hydrogen producer, has signed a Memorandum of Understanding with the Scottish firm Port of Cromarty Firth to create a commercial pathway for the export of green hydrogen from Norway into the UK energy market. The development is not only expected to provide security of supply to customers wanting to adapt green hydrogen […] Read more
IRENA and Siemens Energy Sign Partnership Agreement Updated On Tue, May 25th, 2021 by Saurenergy The International Renewable Energy Agency (IRENA) has today signed a partnership agreement with Siemens Energy aimed at advancing the global energy transition. Under the agreement, the organisations will strengthen collaboration on the application of technology to advance and deepen the transition to renewable energy around the world. The wide-ranging scope of collaboration extends to a […] Read more
BYD Backed Olectra Greentech Wins Bid for 100 E-Buses Updated On Tue, May 25th, 2021 by Saurenergy The BYD partnered electric buses (E-buses) maker Olectra Greentech announced on Monday that along with its sister company Evey Trans Pvt Ltd, it has won the bid for 100 electric buses. The consortium of both the companies has won the bid to supply 100 electric buses to a State Transport Corporation (STC) in the country […] Read more
The Green (Silver) Lining- Jobs In Cleantech Updated On Tue, May 25th, 2021 by Saurenergy Green jobs are jobs that are focused and shaped around activities that help preserve and protect the environment. These jobs can be from the conventional sectors like assembling and manufacturing, or in newer ‘green’ areas like environmentally friendly power and energy productivity. Even as the Covid pandemic has caused widespread job losses worldwide, it has also […] Read more
New Energy Master Plan Must Aim to Favor Bangladesh Over Japan: IEEFA Updated On Tue, May 25th, 2021 by Saurenergy JICA must deliver a low or zero emissions plan as promised, not fund Matarbari 2 coal plant Clear understandings from the Bangladesh government’s recently released 8th Five-Year Plan must be incorporated into the new energy and power master plan currently under development by the Japan International Cooperation Agency (JICA) to drive zero carbon transformation and […] Read more
Fortescue, IHI Study Green NH3 Supply Chain Options b/w Aus & Japan Updated On Mon, May 24th, 2021 by Saurenergy Three notable companies- Fortescue Future Industries Pty Ltd (FFI), IHI Engineering Australia Pty Ltd (IEA), and IHI Corporation (IHI)- have signed a memorandum of understanding (MOU) for investigation into establishing green ammonia (NH3) supply chains between Australia and Japan. The Australian FFI is a subsidiary of Fortescue Metals Group Ltd, which works in culture, innovation […] Read more
Adani Green Transfers 74% Stake of MSEL to Adani Tradecom LLP Updated On Mon, May 24th, 2021 by Saurenergy Ahmedabad-headquartered Adani Green Energy Ltd announced on Saturday that its subsidiary Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd (MSEL) to Adani Tradecom LLP (ATLLP). It stated in a BSE filing, “7,400 equity shares are transferred to ATLLP at face value i.e. Rs 10 each, aggregating to Rs […] Read more