European Solar & Storage Set to Grow over 400% by 2025: Study Updated On Mon, Nov 29th, 2021 by Saurenergy The forecast for household solar continues to look bright for coming years, with European solar & storage set to grow over 400%, from 3 GWh installed storage capacity in 2020 to 12.8 GWh in 2025, announced SolarPower Europe recently. SolarPower Europe has published its annual ‘European Market Outlook for Residential Battery Storage’ report, covering 2021-2025. Analysing […] Read more
Tech Firm Lancium Raises $150M to Advance Decarbonisation Solutions Updated On Wed, Nov 24th, 2021 by Saurenergy Lancium Technologies Corporation, a technology firm focused on energy transition, has announced that it has closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, a South Korean provider of clean energy solutions and owner and operator of Q CELLS, led this financing round. Lancium also received support from Novawulf and other […] Read more
Ohmium Ships Its First “Made in India” Hydrogen Electrolyzer Unit To The US Updated On Wed, Nov 24th, 2021 by Saurenergy US firm Ohmium International, through its Bengaluru based Indian subsidiary enArka India Private Limited, has shipped its first unit of electrolyzer from India to the United States, as a first step towards establishing India as a global hub for green hydrogen generation. The electrolyzer has been manufactured by Ohmium at its Bengaluru plant, India’s first […] Read more
TotalEnergies to Develop 500MW Solar PV Projects in Libya Updated On Wed, Nov 24th, 2021 by Saurenergy French oil and gas major TotalEnergies has signed new agreements with Libya for the sustainable growth of the country’s natural resources, which include developing 500 MW solar PV projects in addition to investing $2 billion in crude oil production and gas extraction. The agreements were signed at the recently held Libya Energy & Economy Summit, […] Read more
Canadian Firm Closes $10M Series A to Expand Lithium Refining Capacity Updated On Tue, Nov 23rd, 2021 by Saurenergy Mangrove Lithium, a Vancouver based company, has closed a USD $10 million Series A investment round led by Breakthrough Energy Ventures (BEV) with participation from existing investor BDC Capital’s Cleantech Practice (BDC). The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western […] Read more
Meridian to Sell Aussie Biz to Shell & ICG Consortium for $5278 M Updated On Mon, Nov 22nd, 2021 by Saurenergy New Zealand electricity generator and retailer Meridian Energy is selling its Australian business to a consortium of Shell Energy Operations Pty Ltd, a wholly owned subsidiary of Shell and Infrastructure Capital Group (ICG) for A$729 million ($527.80 million), subject to possible adjustment depending on the timing of completion. On completion, Shell will become the owner of […] Read more
India Needs $10 T Investment to Achieve Net-Zero by 2070: CEEW-CEF Updated On Thu, Nov 18th, 2021 by Saurenergy India would need cumulative investments of USD 10.1 trillion to achieve net-zero emissions by 2070, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF). These investments would help decarbonise India’s power, industrial, and transport sectors. However, the first-of-its-kind study also estimated that India could face a significant investment shortfall […] Read more
ADNOC, TAQA Partner to Reach 30 GW RE Capacity by 2030 Updated On Thu, Nov 18th, 2021 by Saurenergy Abu Dhabi National Oil Co (ADNOC.UL) and Abu Dhabi National Energy Company PJSC (TAQA) (TAQA.AD) have formed a strategic partnership on clean energy, aiming to have 30 gigawatts of renewable capacity by 2030, the companies said on Wednesday. The new collaboration between ADNOC and TAQA will focus on domestic and international renewable energy and waste-to-energy projects, […] Read more
UK Climate Investments, Norfund Invest in South African Wind Portfolio Updated On Tue, Nov 16th, 2021 by Saurenergy Macquarie-managed UK Climate Investments (UKCI) and Norfund are financing a joint venture between H1 Holdings and Pele Green Energy to fund their 40% equity participation in a 700 MW portfolio of onshore wind farms. Both partners will invest alongside Enel Green Power in one of South Africa’s largest renewable energy equity deals valued at around […] Read more
