GE Signs Deal With Arafura, Eyes Rare Earths For EV & Wind Turbines Updated On Thu, Jul 14th, 2022 by Saurenergy Arafura Resources Limited and GE Renewable Energy have signed an MoU to forget a partnership in the set up of a sustainable supply chain for Neodymium-Praseodymium (NdPr) central to energy transition. The parties are looking at negotiating a long-term sales agreement for GE to purchase NdPr from Arafura’s Nolans Project in central Australia. The agreement […] Read more
Analysing The Landscape For Energy Transition In LatAm Region Updated On Tue, Jul 12th, 2022 by Saurenergy AMI (Americas Market Intelligence) Energy Practice has recently published a report shedding light on the untapped opportunities, challenges, investment potential in energy transition in the Latin America region. The findings of the report are as under. Lucrative Market For Operators & Investors In Suriname David Abiamofo, Minister of Natural Resources of the Republic of Suriname, […] Read more
In a First For the US, Wind And Solar Energy Generate More Power Than Nuclear Updated On Mon, Jul 11th, 2022 by Saurenergy Data from SUN DAY Campaign analysis of the Energy Information Administration (EIA) has revealed that the wind and solar energy sources produced 17.96 per cent more power than nuclear power plants in the USA. It is for the first time that the United States produced more solar and wind energy than nuclear in the country’s […] Read more
Five Asian Countries Listed In Top 10 Economies Powered By Solar Energy Updated On Mon, Jul 4th, 2022 by Saurenergy Of the top ten economies powered by solar power, 5 are from Asia. This is a major breakthrough given that a decade ago, only two Asian countries were on the list, while European countries dominated the solar rankings. The Asian countries on the list have witnessed a decade of steady growth, accelerating its solar capacity. […] Read more
Trains Fueled by Hydrogen will Operate in Germany Updated On Wed, Jun 29th, 2022 by Saurenergy Hydrogen-based technology is being used in rail transport. The latest example is Germany’s Siemens Mobility, which is building several trains fueled by hydrogen for the transport network in the Berlin-Brandenburg metropolitan area. On Monday (27th June) Siemens Mobility stated that Niederbarnimer Eisenbahn has ordered seven of its Mireo Plus H trains from the company. The […] Read more
CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa Updated On Fri, Jun 17th, 2022 by Saurenergy Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […] Read more
Latin America Preaches RE, Yet Practises Fossil Fuels Updated On Thu, Jun 2nd, 2022 by Saurenergy Perpetually in two minds, although the Latin American Governments have appeared to be committing to renewable targets, yet their actions are just the opposite. According to the International Energy Agency (IEA) that it will need US$1 trillion per year between now and 2050 to finance energy transition in Latin America, compared to the $150 billion […] Read more
US To Add 2.2 GW OF Solar, Wind Energy Every Month For Next 3 Years Updated On Wed, Jun 1st, 2022 by Saurenergy In a sign of the steady and sure progress being made by renewables, the federal Energy Regulatory Commission (FERC) in the US has estimated that over 97% of the new generation capacity added in the US in the first quarter of 2022 was solar and wind energy. However, in terms of generation, the two added […] Read more
Morocco Shows Africa A Renewable Pathway Away From Fossil Fuels Updated On Wed, Jun 1st, 2022 by Saurenergy Morocco is showing the African continent a Renewable Energy pathway out of fossil fuel. Among the countries giving Morocco a good company are Egypt and South Africa, according to TAQA Net, a platform specialized in energy markets. Africa’s trailblazing growth in socio-economic sector has led several countries to further develop solar energy projects, especially at […] Read more