EIB Grants Ørsted €500 M Loan for Green Energy Projects Updated On Thu, Sep 30th, 2021 by Saurenergy The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […] Read more
Adani Green Energy to Acquire 40 MW Operational Solar Asset in Odisha Updated On Thu, Sep 30th, 2021 by Saurenergy Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt Ltd to acquire 100% economic value in an SPV that owns a 40 MW operating solar project in Odisha. The company confirms that the project has a long-term Power Purchase Agreement […] Read more
Bacteria Could Lead the Way for Cheap & Green Energy Storage: Study Updated On Thu, Sep 2nd, 2021 by Saurenergy Cornell University bioengineer Buz Barstow, Ph.D. ’09, is trying to solve a big problem: How to build a low-cost, environmentally friendly and large-scale system for storing and retrieving energy from renewable sources such as wind and solar. Currently, there are no sustainable methods for storing green energy, as batteries are environmentally toxic. The answer may […] Read more