Egypt allocates 5,200 sq km area for renewable energy development Updated On Fri, May 27th, 2022 by Saurenergy Just after the government official in Egypt revealed that the country will be producing some 10,000 MW of renewable energy next year, the New and Renewable Energy Authority (NREA) has now said that 5,200 square kilometer (sqkm) were allocated to establish renewable energy projects at different locations. The areas being allocated are meant for investments […] Read more
Egypt Will Generate 10GW Renewable Energy Next Year Updated On Thu, May 26th, 2022 by Saurenergy The government of Egypt is looking to expedite the renewable energy projects in the country, with plans to generate about 10,000 MW of solar and other renewable power in 2023 said a government official to media. The government expects the rise in renewable energy production in the coming year as many energy projects will then […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
US Firm Uses Solar Energy to Make Sustainable Nitrogen Fertiliser Updated On Thu, Jan 20th, 2022 by Saurenergy California-based Nitricity has created an experimental reactor that produces economical and ecological nitrogen fertilizers using solar energy. Their on-site fertilizer production eliminates the emissions of fertilizer transport and provides a sustainable alternative to the Haber-Bosch process, which uses fossil fuels to fix nitrogen. The nitrogen extracted from the air enables Nitricity to produce nitric acid, […] Read more
South Korea, Saudi Arabia Agree to Jointly Develop Hydrogen Economy Updated On Thu, Jan 20th, 2022 by Saurenergy South Korean President Moon Jae-in held talks with Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman on Tuesday and agreed to work together in areas related to the hydrogen economy. After holding the talks at the Al-Yamamah palace in Riyadh, the two nations signed preliminary deals to jointly develop green hydrogen, which is […] Read more
Australia Pulls Back On $36 Billion Renewable and Hydrogen Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Australian government has rejected a huge wind, solar, and hydrogen project worth AUD 36 billion located in the Pilbara region of Western Australia. The renewable project Asian Renewable Energy Hub (AREH) has been called “clearly unacceptable” by Environment Minister Sussan Ley. Sussan Ley declared the decision in a release published on Australia‘s environment department’s […] 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
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
Engie to Develop 2 GW Renewable Energy in Chile by 2025 Updated On Fri, Apr 30th, 2021 by Saurenergy French multinational electric utility company Engie recently presented a comprehensive plan at the Presidential Palace of Chile for its operations in the country, including the development of 2 GW of renewable energy capacity and the end of its 1.5 GW of coal-fired power generation activities by 2025, both of which are part of the firm’s ambition […] Read more
