China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie Updated On Thu, Nov 23rd, 2023 by Saurenergy A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved. The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
Blueleaf Energy Onboards Anand Prakash as CIO & Amiram Roth-Deblon as COO Updated On Tue, Feb 7th, 2023 by Saurenergy Blueleaf Energy, a firm that develops, finances, owns and operates renewable energy and storage assets in the long-term in the Asia Pacific region has announced the onboarding of its CIO and COO. Renewable energy veterans Anand Prakash will take over the reins of the firm as CIO while Amiram Roth-Deblon will join the organisation as […] Read more
ADB Arranges $107 Million for BIM Group to Support Wind Project in Vietnam Updated On Wed, Dec 21st, 2022 by Saurenergy The Asian Development Bank (ADB) has signed a financial package of $107 million with BIM Wind Power Joint Stock Company (JSC) to support the operation of an 88 MW wind energy farm located in Ninh Thuan province of Vietnam. The wind project lies to the south-central coast of the South East Asian country. BIM Wind […] Read more
ACEN Completes World’s First ETM Transaction, Retiring Out Coal Plant Updated On Wed, Nov 9th, 2022 by Saurenergy ACEN, the energy platform of the Ayala Group, has disclosed the full divestment of the South Luzon Thermal Energy Corporation (SLTEC) coal plant using the energy transition mechanism (ETM), the first ETM deal in the world. The official statement by ACEN informs that the landmark transaction will enable the early retirement of the 246-MW coal […] 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
US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […] Read more
BP to take 40% stake in AREH – The $36 billion Green Hydrogen Focused Project In Australia Updated On Thu, Jun 16th, 2022 by Saurenergy Energy major BP has announced that it will acquire a 40.5 per cent equity stake in the Asian Renewable Energy Hub (AREH) to become operator of it. BP said that AREH has the potential to be one of the largest renewables and green hydrogen hubs in the world. AREH is located in the Pilbara region […] Read more
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia Updated On Tue, May 24th, 2022 by Saurenergy Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […] Read more
