European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen Updated On Thu, Oct 6th, 2022 by Saurenergy The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […] Read more
UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany Updated On Thu, Oct 6th, 2022 by Saurenergy European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […] Read more
As Usage Increases, 30% of Two-Wheelers Will Be Electrified by 2030 Updated On Tue, Oct 4th, 2022 by Saurenergy According to a recently published survey report, new manufacturers will drive the transition toward electric two-wheelers, which will account for 30% of the country’s market by 2030. By 2030, passenger cars will be 15% electric, and three-wheelers would be 75% electric, according to a BNP Paribas analysis entitled “India Autos—Electric vehicles: Minutes to midnight.” The […] Read more
SJVN Green Energy Floats O&M Tender for 70 MW in Himachal Pradesh Updated On Tue, Oct 4th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) Green Energy has published a tender for the operation and maintenance of a 70 MW capacity (AC). This 70 MW solar power facility in the Himachal Pradesh state includes Unit I, a 30 MW Kolar, Unit II, a 20 MW Bhanjal & Kadh, and Unit III, a 20 MW Fatehpur […] Read more
Steinbeis, Waaree Energies, DSE Consortium Germany Partner for Green Hydrogen in India Updated On Mon, Oct 3rd, 2022 by Saurenergy Hyderabad-based Steinbeis Centre for Technology Transfer India has said that it has inked a Memorandum of Understanding (MoU) with Waaree Energies and DSE Consortium Germany, under which, the three entities will collaborate to establish an assembly line for the production of electrolysers and polysilicon in India. The collaboration will also delve into implementing solar thermal […] Read more
US-Based ReneSola Power Acquires 50 MWp Solar Farm in UK Updated On Mon, Oct 3rd, 2022 by Saurenergy US-based ReneSola, which claims to be a leading fully integrated solar project developer, has announced that it has acquired a 50 MWp operational solar farm called ‘Project Branston’ that is located in Branston, Lincoln, United Kingdom. The solar project is acquired from British firm P&T Global Renewable Energy. ReneSola said that transaction was completed September […] Read more
Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge Updated On Mon, Oct 3rd, 2022 by Saurenergy One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […] Read more
MSEDCL Floats Tender for 500 MW Intra-State Solar Projects Updated On Mon, Oct 3rd, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has invited bids for 500 MW of the procurement of power on a long-term basis. In this tender, the power will be purchased through a competitive bidding process from this 500 MW intra-state grid-connected solar PV power project. The last date for submitting the online bid is November […] Read more
Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
