Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
Electrical Engineer (IN) RWE Renewables Offshore Updated On Tue, Dec 13th, 2022 by Saurenergy The Engineer will sit in the Electrical System & Project Engineering Region 1 Team, part of the RWE Renewables’ Offshore Wind Engineering function. The Engineer will support the Project’s Consenting/Engineering and Package Managers with responsibilities including: Working initially in the pre-consenting phase, the Engineer will be responsible for ensuring a robust through life design of […] Read more
United Nations Donates $10 Million for Renewables to Support Zimbabwe Updated On Mon, Dec 12th, 2022 by Saurenergy Just when Zimbabwe has been facing acute power shortages and prolonged darkness hampering the economic activities and the quality of life of the citizens, the United Nations (UN) has made a donation of $10 million to the African country to finance the development of renewable energy projects. The donation is to enable Zimbabwe to come […] Read more
Lightsource BP Concludes Financing on Australian Solar Projects Updated On Mon, Dec 12th, 2022 by Saurenergy Leading solar developer Lightsource BP has reached financial close on Australian solar projects of 515 MW worth US$365 mn. This 515 MW project capacity entails 425 MW Wellington North Solar Farm that is under development near Dubbo in central west New South Wales (NSW) and the 90 MW Wunghnu Solar Farm located in Victoria’s Goulburn […] Read more
Pan IIT Alumni Network Organises EV Conclave to Reflect on E-Mobility Ecosystem Updated On Fri, Dec 9th, 2022 by Saurenergy To address the demand, difficulties, and opportunities in the engineering, production, and adoption of EVs, Pan IIT Alumni and Alumni Associations of IIT (BHU) Varanasi bodies organised “The Future Series, the EV Ecosystem Conclave” in Delhi. At the event, academics, policymakers, and experts from across the entire e-mobility ecosystem came together to discuss the importance […] Read more
Bp Takes Control Of AREH – Australia’s Largest Renewables Project Updated On Fri, Dec 9th, 2022 by Saurenergy Global energy conglomerate bp has now officially taken over the operations at the Asian Renewable Energy Hub (AREH) – which is the largest renewable energy project in Australia – after it has acquired a 40.5 per cent equity stake in AREH. Situated in the Pilbara, Western Australia, bp held that the RE hub has potential […] Read more
Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project Updated On Thu, Dec 8th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its population that has access to electricity. CWP Global held that the RE project is […] Read more
Follow the Money, As Funding Shifts Completely to Renewables Over Coal in 2021 Updated On Wed, Dec 7th, 2022 by Saurenergy A study titled “Financiers Prefer Wind And Solar Over Coal” has been released by CFA (Center For Financial Accountability). According to the Coal vs. Renewables Financial Analysis 2022, L&T Finance overtook SBI as the largest financier of renewable energy project financing in 2021. The annual energy finance conference co-hosted by CFA and IIT Madras saw […] Read more
European Aerospace Corporation Airbus to Buy Green Hydrogen from India Updated On Tue, Dec 6th, 2022 by Saurenergy As the world realises the significance of green hydrogen in the transition towards a cleaner world and decarbonisation, more and more corporations are looking to power their operations with it. Airbus, the multinational aerospace European giant is the most recent to jump onto the bandwagon. Airbus has set sights on procuring Green Hydrogen from India, […] Read more
