ADB Signs Mandate with EDC for 2 GW Solar, Battery Storage in Cambodia Updated On Thu, Nov 3rd, 2022 by Saurenergy The renewable energy penetration looks bullish in the South East Asia. The new evidence comes from the fact that the Asian Development Bank (ADB) has signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 GW of solar power in Cambodia. According to statement […] Read more
Germany’s Svevind to Develop 20 GW Green Hydrogen Project in Kazakhstan Updated On Wed, Nov 2nd, 2022 by Saurenergy Just as the European Union toils for renewable energy expansion and possible import of clean energy, German renewable energy player Svevind Energy Group looks to invest a massive $50 billion for the development of a 20 GW green hydrogen project in Kazakhstan, for which an agreement has been signed between Svevind and the Kazakh Government. […] Read more
Austria’s Windkraft Simonsfeld to Build 142 MW Wind Park in Romania Updated On Fri, Oct 28th, 2022 by Saurenergy Austrian renewable energy player Windkraft Simonsfeld will be investing EUR 150 million in its Sfânta Elena wind energy project. The renewable energy project is located in the Caraş-Severin County in the southwest region of Romania. The Austrian company plans to complete the 142-MW facility next year. In a key development, Windkraft Simonsfeld received approval of […] Read more
European Commission to Allocate €3 Billion for Green Hydrogen Updated On Thu, Oct 27th, 2022 by Saurenergy Europe is ‘practically’ on its way to becoming the largest hydrogen player in the world as the European Commission plans to inject a massive investment in the hydrogen sector. Frans Timmermans, the European Commission Executive Vice President, has announced that €3 billion funds would be allocated from the next Innovation Fund large-scale call to support […] Read more
Apple Aims for Decarbonization by 2030 Updated On Wed, Oct 26th, 2022 by Saurenergy American multinational technology firm Apple has called on its global supply chain to look into the challenge of its greenhouse gas emissions and embrace the decarbonization route. On the Path of Decarbonization Apple, which is now aiming for decarbonization by 2030, will look into the operations of its major manufacturing partners so that the firm […] Read more
Amazon Sets Up First Wind, Solar Farm in China Updated On Wed, Oct 26th, 2022 by Saurenergy American multinational technological giant Amazon has established first wind farm and solar farm in China to facilitate the production of clean energy. The renewable energy projects set up in China are large-scale and boast of 200 megawatts (MW) of clean energy capacity. Together, these projects are expected to produce 496,000 megawatt-hours (MWh) annually, which will […] Read more
ISA Decides On Solar Facility To Expedite Funding Updated On Fri, Oct 21st, 2022 by Saurenergy In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […] Read more
DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
IoT-Enabled E-Vehicles Can Boost Digital India Scheme Updated On Fri, Oct 14th, 2022 by Saurenergy By Nitin Kapoor, Managing Director of Saera Electric Auto For India to maintain its responsibility towards the Sustainable Development Goals (SDGs), steady penetration of electric vehicles and a proportionate decline in the sale of Internal Combustion Engine (ICE) vehicles is imperative. While the demand for green transportation is gradually growing, there are certain challenges that […] Read more
