A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more
Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project Updated On Tue, Dec 20th, 2022 by Saurenergy Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […] Read more
Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio Updated On Tue, Dec 20th, 2022 by Saurenergy Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […] Read more
World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
Renewable Energy Major ReNew Power to Supply 150 MW Green Energy to Microsoft Updated On Mon, Dec 19th, 2022 by Saurenergy Gurugram-based ReNew Power, that claims to be India’s leading renewable energy company, has signed a renewable energy agreement for 150 MW with Microsoft India. The official statement of ReNew Power mentions that it is one of the largest such deals in India. According to the agreement, ReNew will produce 150 MW of clean energy from […] Read more
Global Solar Installs On Course For 222 GW in 2022, Rethink Energy Updated On Wed, Dec 14th, 2022 by Saurenergy Research firm Rethink energy reckons global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high polysilicon pricing, and now prices will be […] Read more
Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security Updated On Mon, Dec 12th, 2022 by Saurenergy Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […] Read more
Kerala to Run 100% On Renewable Energy by 2040, Says Chief Minister Vijayan Updated On Fri, Dec 9th, 2022 by Saurenergy The threat of the vagaries of climate change have forced the government of Kerala to come out with a revised climate action plan. The role and scope of renewable has been expanded within this plan. Kerala Chief Minister Pinarayi Vijayan has now said that Kerala aspires to become a state that will run 100 per […] Read more
EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK Updated On Fri, Dec 9th, 2022 by Saurenergy Finnish company which manufactures and services power sources Wärtsilä has announced that it has signed a contract with EDF Renewables UK and Ireland to deliver a new grid-scale energy storage facility in the United Kingdom. The storage system will be delivered in Sundon, Bedfordshire. The official statement of Wärtsilä held that the 50 MW/100 MWh […] Read more
