Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
As Europe Changes Solar Manufacturing, Overcapacity Risks Loom Updated On Fri, Apr 1st, 2022 by Saurenergy The European Solar Manufacturing Council (ESMC) has welcomed the forthcoming EU strategy for solar energy as the framework for building long-term competitiveness and critical mass of PV manufacturing capacities in Europe. This is crucial for reducing strategic dependencies, ensuring energy security and boosting the economic growth of the EU, states the council. As the European-wide […] Read more
Australia’s Woodside Petroleum to Fund Heliogen’s CSP Technology Updated On Wed, Mar 30th, 2022 by Saurenergy Heliogen, a provider of AI-enabled concentrated solar energy, and Woodside Energy, a wholly-owned subsidiary of Australian energy producer Woodside Petroleum Ltd, have announced a project agreement for the commercial-scale demonstration deployment of Heliogen’s AI-enabled concentrated solar energy technology proposed to be built in Mojave, California. The project agreement follows the previous announcement by Woodside to […] Read more
Neoen sees bigger appetite for RE as Europe shuns Russian power Updated On Wed, Mar 16th, 2022 by Saurenergy French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […] Read more
European Union Added Less Than 50% Wind Energy Targets in 2021: WindEurope Report Updated On Fri, Mar 11th, 2022 by Saurenergy A new report published by WindEurope has revealed that the European Union has not been able to install the targeted wind energy capacity in 2021. According to the report, the European Union – which is a union of 27 countries – had installed a mere 11 GW which is even less than half of what […] Read more
European Commission Announces €300mn Plan for Development of Hydrogen Economy Updated On Fri, Mar 11th, 2022 by Saurenergy Clean Hydrogen Partnership (CHP) – a brain child of the European Commission – has called for proposals on 41 different research topics with an outlay of €300 million for a comprehensive development of the hydrogen economy. The initial plan is to fund research that will enable hydrogen production and storage. Clean Hydrogen Partnership is a […] Read more
Faster Solar, Wind Deployment In IEA’s 10 point plan for Reducing EU Dependence on Russia Updated On Wed, Mar 9th, 2022 by Saurenergy The International Energy Agency (IEA), in a 10 point plan for Europe to reduce its dependence on Russian energy supplies, has made a strong pitch for more renewables, energy efficiency, and diversifying of suppliers, for Europe to reduce its dependence on Russia. The high energy dependence on Russia has stymied European efforts to counter the […] Read more
European Commission President Bats for Hydrogen and Renewables to Russian Overhang Updated On Mon, Mar 7th, 2022 by Saurenergy European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […] Read more
Hyundai, Kia to Use Wind Farms to Power EV Charging Network in Europe Updated On Fri, Feb 25th, 2022 by Saurenergy South Korean automakers and global brands Hyundai and Kia are making new investments to enable their customers to charge their electric vehicles with clean energy. This energy will be procured from various wind farms being installed across Europe. Hyundai has announced that its ‘Charge myHyundai’ network will be integrated with green energy so that the […] Read more
