France’s Sonnedix Makes Inroads into Portugal with Acquisition of 262MWp Solar Portfolio Updated On Wed, Nov 9th, 2022 by Saurenergy Sonnedix, an international Renewable Energy Producer (REP), has officially expanded into Portugal with the acquisition of a 262 MWp solar PV portfolio. The portfolio consists of seven ground-mounted projects under construction or late-stage development with a cumulative capacity of 262MWp throughout the country. During its first year of operation, these projects are expected to produce […] Read more
Three Firms That Have Surprised Us With Their Plunge Into EV Charging Updated On Wed, Nov 9th, 2022 by Saurenergy The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […] 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
UK’s PM Sunak Will Announce Accelerated Renewables Plan at COP27 Updated On Mon, Nov 7th, 2022 by Saurenergy Rishi Sunak, Britain’s Prime Minister, will pledge to hasten the UK’s switch to renewable energy when he speaks before the U.N. climate change summit at COP27. On November 2, UK’s PM Sunak decided at the last minute to attend the climate talks, reversing a decision to forego the yearly event that had been roundly criticised […] Read more
With 165 GW Achieved, Investment of Over $300 Bn Needed to Achieve Another 335 GW by 2030 Updated On Mon, Nov 7th, 2022 by Saurenergy India needs strategic investments of more than $300 billion to achieve its clean energy capacity target of 500 GW by 2030, Arthur D. Little (ADL) has postulated a new study. Further, the study states that with 165 GW generation capacity already in place, India is on the right trajectory to meet its goal of having […] Read more
Italy’s Enel, Israel’s Brenmiller Inaugurate Rock-Based Storage System ‘TES’ in Italy Updated On Mon, Nov 7th, 2022 by Saurenergy The largest utility in Italy Enel Group and Israeli firm Brenmiller Energy have set up an innovative, sustainable rock based energy storage system in Tuscany in Italy which is completely sustainable and capable of accelerating the energy transition. The integration of the thermal energy storage (TES) system with the existing power plant enables Enel and […] Read more
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
Galata Wind Gets $45 Million EBRD Loan For Wind Projects Updated On Tue, Nov 1st, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is extending up to $ 45 million in financing to Turkish firm Galata Wind Enerji AS to boost the company’s wind capacity and accelerate Turkey’s transition to a clean energy future. According to the official statement of Galata Wind, the new loan from EBRD will finance up […] Read more
Solar PV Technicians: Facilitators of Solar Panels In India Updated On Mon, Oct 31st, 2022 by Saurenergy We talk a lot about how India is treading towards its aim of replacing fossil fuels with renewable energy, and how solar panels, and the clean energy they generate, have contributed significantly to this transition. But at a micro level, there must be an entity facilitating consumers’ adaptation to solar power. Who is this entity […] Read more
