Climate Tech Firm CarbonCapture Closes $35 M Series A Funding Updated On Thu, Oct 21st, 2021 by Saurenergy CarbonCapture, a climate tech company that makes machines that remove CO2 directly from the atmosphere, has announced the closing of a $35 million Series A funding round and the appointment of Adrian Corless as CEO. CarbonCapture will use the funds to accelerate product development efforts and to establish initial deployments of its renewable energy-powered Direct […] Read more
John Kerry Gives a Huge Solar Endorsement at ISA Assembly Keynote Updated On Thu, Oct 21st, 2021 by Saurenergy At the International Solar Alliance’s (ISA) fourth general assembly, John Kerry, U.S. Special Presidential Envoy for Climate and 68th U.S. Secretary of State, delivered the keynote address. In his address, Kerry highlighted the opportunities in the solar sector towards climate action and India as an investment destination for solar power. 106 countries are participating in […] Read more
Iberdrola to Invest £6 B in UK Offshore Wind Complex Updated On Wed, Oct 20th, 2021 by Saurenergy Spanish electric utility Iberdrola, through its subsidiary Scottish Power, plans to invest £6 billion in developing an offshore wind complex – East Anglia Hub – in the UK, the company’s biggest investment anywhere in the world and one of the largest offshore wind projects worldwide. Iberdrola’s chairman, Ignacio Galán, announced this undertaking at the Global […] Read more
Navitas Semiconductor to Begin Trading on Nasdaq on Oct 20 Updated On Wed, Oct 20th, 2021 by Saurenergy California-based solar equipment supplier Navitas Semiconductor has announced the completion of its business combination with Live Oak Acquisition Corp. II. Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating. Gallium nitride (GaN) is a next-generation semiconductor technology that is said to run up to 20x faster than […] Read more
ISA and Bloomberg Philanthropies In Partnership for $1 Trillion Target Updated On Wed, Oct 20th, 2021 by Saurenergy Bloomberg Philanthropies and the International Solar Alliance (ISA) have partnered to mobilise $1 trillion in global investments for solar energy across ISA’s member countries. The two organizations will kick off the partnership by working with World Resources Institute (WRI) to develop a Solar Investment Action Agenda and a Solar Investment Roadmap, which will be launched at COP26 and in […] Read more
Huawei Signs Contract With SEPCOPIII For Red Sea Project Updated On Mon, Oct 18th, 2021 by Saurenergy Huawei Digital Power ended its Global Power Summit 2021 in Dubai with a spectacular light show with the theme ‘Building a Low-carbon and Green Future’. The company claims that over 500 participants from 67 countries attended the summit. Among other things, at the summit Huawei signed MoUs with Grupo IMELSA and HYBRICO Energy for strategic […] Read more
SECI Kicks Off Storage Push With EOI For 1 GW Project Updated On Mon, Oct 18th, 2021 by Saurenergy SECI has been given the go ahead for inviting expression of interest for installation of 1000 MWh Battery Energy Storage System (BESS) as a pilot project. This is the joint effort of both Ministry of New and renewable energy and Ministry of Power who have been working on this to provide a road map for […] Read more
TotalEnergies, Simply Blue Launch Floating Offshore Wind JV in U.S. Updated On Thu, Oct 14th, 2021 by Saurenergy TotalEnergies, a global multi-energy company, and Simply Blue Group, a floating offshore wind company, have launched a joint venture, TotalEnergies SBE US, to unlock the potential for floating offshore wind projects in the United States. Last month, TotalEnergies said that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due […] Read more
Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study Updated On Thu, Oct 7th, 2021 by Saurenergy Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […] Read more
