Heliogen Raises $108 M for Deploying RE Tech for Heat, Power, Green H2 Updated On Thu, Jun 17th, 2021 by Saurenergy California-based Heliogen, a renewable energy technology company, recently announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight Refinery™, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the […] Read more
Amid Renewable Energy’s Expansion, Gas is Losing Traction: IISD Report Updated On Mon, Jun 14th, 2021 by Saurenergy The Step Off the Gas report, published earlier this month by the International Institute for Sustainable Development (IISD), examines international public finance for natural gas expansion in the Global South and the choices countries face in how to develop their energy systems while meeting socio-economic needs. The report assesses economic and environmental risks from gas […] Read more
Wind-powered Economical Green H2 by 2030 Possible: Siemens Gamesa Updated On Thu, Jun 10th, 2021 by Saurenergy Spanish wind turbine technologies company Siemens Gamesa yesterday released a white paper entitled ‘Unlocking the Green Hydrogen Revolution’ that outlines an ambitious plan to deliver cost-competitive green hydrogen by 2030 from onshore wind and by 2035 from offshore wind. The renewable energy company says that achieving carbon neutrality by 2050 is crucial to fight climate change and […] Read more
Luxembourg’s ArcelorMittal Invests $10 M in RE Tech Company Heliogen Updated On Wed, Jun 9th, 2021 by Saurenergy ArcelorMittal S.A., a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg City, announced yesterday its initial investment of $10 million in US renewable energy technology company Heliogen, marking the completion of the steel producer’s first XCarb™ innovation fund investment since launching the initiative in March 2021. Heliogen’s technology will harness solar energy by using a field of mirrors […] Read more
5 Energy Megatrends for Latin America- Chinese Dominance, Cyberattacks And More Updated On Mon, Jun 7th, 2021 by Saurenergy Americas Market Intelligence (AMI), a strategic research and business intelligence firm has released a new report, 5 Megatrends For Latin Americas Energy Sector for 2022 and Beyond in which it has highlighted five major changes taking place in Latin America’s energy sector: Cleaner fossil fuels gaining traction as Latin America’s green energy market expands. China’s control […] Read more
Canada Launches $800 M RE & Grid Modernisation Program Updated On Fri, Jun 4th, 2021 by Saurenergy Seamus O’Regan Jr., Canadian Minister of Natural Resources, recently launched a CAD 964 million (USD 800 mn) program that will support smart renewable energy and grid modernisation projects over four years, aiming to lower emissions and help the country achieve carbon neutrality by 2050. “Our new Smart Renewables and Electrification Pathways Program will increase our […] Read more
BP Acquires 9 GW Solar Portfolio in the U.S. Updated On Wed, Jun 2nd, 2021 by Saurenergy British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […] Read more
Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital? Updated On Tue, Jun 1st, 2021 by Saurenergy In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […] Read more
How The Pandemic Hastened Move To Last-Mile Delivery Through EV In India Updated On Mon, May 31st, 2021 by Saurenergy Introduction The sudden and rapid increase in the demand for e-commerce in recent years has been a catalyst for the surge in last-mile services countrywide. The surge in COVID-19 cases all across the world and growth in the numbers of online shopping has pushed the importance of last-mile to the forefront of the overall supply […] Read more
