Rosatom Looks for Opportunities in Renewables, Carbon Fibre, EV in India Updated On Thu, Sep 15th, 2022 by Saurenergy Russian energy player Rosatom Group leadership has said that it is looking at opportunities in the renewables and carbon fibre sectors, among others, with regards to the Indian market and the firm wants to play a key role in the energy transition of the country, according to reports. Vadim Titov, President of Rusatom-International Network, has […] Read more
SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only Updated On Wed, Sep 14th, 2022 by Saurenergy Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […] Read more
North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050 Updated On Tue, Sep 13th, 2022 by Saurenergy In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […] Read more
European Investment Bank to Support EU Communities with US$10 Billion Updated On Tue, Sep 13th, 2022 by Saurenergy The European Commission (EC) and the European Investment Bank (EIB) have decided to contribute €10 billion (US$10.1 billion) in support of areas most impacted by the transition away from fossil fuels as the continent struggles with how to decarbonize without leaving communities behind amid a severe energy crisis. The Public Sector Loan Facility, the third […] Read more
Cummins to Expand Belgium Electrolyzer Manufacturing Capacity To 1 GW Updated On Fri, Sep 9th, 2022 by Saurenergy American multinational Cummins Inc. has announced that it will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 GW with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. Cummins held that IPCEI will help Cummins develop a new generation of PEM electrolyzer cell stacks to power large-scale […] Read more
World EV Day: EV Market Closing Gap With ICE Vehicle Market Updated On Fri, Sep 9th, 2022 by Saurenergy It is that time – September 9, World EV Day. The day is marked as a significant event for the world that looks towards a future of clean transport. World EV Day is a global movement, a day of celebration of e-mobility, and a day to shift the transition to sustainable transport with consumer, business […] Read more
World’s First Hydrogen-Powered Train By Alstom Runs In Germany Updated On Fri, Aug 26th, 2022 by Saurenergy Sustainable mobility player Alstom has announced that the world’s first hydrogen train, the Coradia iLint, reached another historical milestone in Bremervörde, Lower Saxony, Germany. Alstom said that it is now used on the world premiere 100% hydrogen train route in passenger operation. As per the official statement by Alstom, this regional train only emits steam […] Read more
Estonia’s Eesti Energia Evaluating €1.5 Billion Investment in Renewable Energy Updated On Tue, Aug 23rd, 2022 by Saurenergy Estonia’s government-owned power producer Eesti Energia is evaluating to invest €2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, €1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that […] Read more
Canada, Germany All Set To Ink New Hydrogen Deal Updated On Tue, Aug 16th, 2022 by Saurenergy Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […] Read more
