Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm Updated On Sun, Apr 23rd, 2023 by Saurenergy Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […] Read more
End of Nuclear Energy in Germany: What are the Fallouts? Updated On Wed, Apr 19th, 2023 by Saurenergy Germany recently announced the shutting down of its last nuclear power plants. From supplying nuclear power plant-based electricity to the grid for the first time, at Kahl in Bavaria in 1961, to now shutting down the last three in April 2023, Nuclear energy polarized people’s opinions and remained a point of debate for decades in […] Read more
Beyond Batteries: Hydrogen Combustion Engine, A Viable Alternative for Clean Mobility Updated On Mon, Apr 17th, 2023 by Saurenergy Electric vehicles running on battery-powered electricity are not just a future concept anymore. The new electric vehicle sales surpassed the 10 million mark worldwide in 2022 and it seems likely that sooner or later EVs will replace the conventional ICE mobility options. However, bottlenecks impeding EV growth and the technological advancements in using hydrogen as […] Read more
Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report Updated On Thu, Apr 13th, 2023 by Saurenergy A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR). The researchers claimed that the main thrust to the market would be […] Read more
In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation Updated On Thu, Apr 13th, 2023 by Saurenergy Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […] Read more
Arctech Gets 1.5 GW Solar Tracker Supply Order for Biggest Solar Plant of Middle East Updated On Wed, Apr 12th, 2023 by Saurenergy Solar tracking, racking, and BIPV provider Arctech has announced that it is poised to provide 1.5 GW SkyLine II solar tracking solution for ASB project in Saudi Arabia, marking the company’s first solar tracking and racking project in the country. Arctech informs that located in the Al Shubakh district, Jeddah City, Mecca, Saudi Arabia, the […] Read more
Neogen to Acquire Electrolytes Manufacturing Technology from Japanese Firm Updated On Tue, Apr 11th, 2023 by Saurenergy Neogen Chemicals has today signed an agreement with MU Ionic Solutions Corporation, Japan to step up its manufacturing capabilities. Neogen claims to be one of India’s leading manufacturers of Bromine-based and Lithium-based specialty chemicals. As per the terms of the agreement, Neogen will obtain the license from MUIS for proprietary and confidential manufacturing technology for […] Read more
Europe Slips Up, Again, On Meeting Climate Goals Updated On Thu, Apr 6th, 2023 by Saurenergy Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […] Read more
Jakson Group Poised for Manufacturing Expansion Through Agreement with Jinchen Corp Updated On Tue, Apr 4th, 2023 by Saurenergy Indian energy group Jakson Group, has signed an agreement with Jinchen Corp, a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand its solar PV manufacturing capacities further in India upto 3 GW annually. It will also strengthen its plans […] Read more