Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac Updated On Thu, May 6th, 2021 by Saurenergy Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more
Vitol buys 10% stake in Norway’s Green Hydrogen producer Gen2 Energy Updated On Tue, Apr 27th, 2021 by Saurenergy Vitol, the world’s biggest independent oil trader, has announced its acquisition of a 10% equity interest in Gen2 Energy, a Norwegian green hydrogen producer, for an undisclosed sum. Over the last few years, the Dutch energy and commodity trading company has been expanding its foothold in the renewables sector and made investment commitments of $1 billion to […] Read more
Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
China’s Green Ambitions can Complement Energy Security and Economic Goals: WoodMac Updated On Mon, Mar 22nd, 2021 by Saurenergy Wood Mackenzie’s latest report reveals that China’s march towards carbon neutrality by 2060 can complement both energy security and economic goals. Faced with a fractured global trading system, China’s leadership has responded with ‘dual circulation’, an economic manifesto focusing on more secure supply chains, growing the domestic market and improving export competitiveness. At the same […] Read more
Apple’s $4.7 Bn Green Bond Spend Will Help Generate 1.2 GW Renewable Energy Updated On Thu, Mar 18th, 2021 by Saurenergy Apple’s newly completed projects, part of the company’s USD 4.7 billion Green Bond spend will generate 1.2 GW of renewable energy globally Apple’s newly completed renewable projects, part of the company’s planned USD 4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green […] Read more
Fusion Fuel Green Partners with BGR Energy to Develop Green Hydrogen Projects in India Updated On Sat, Mar 6th, 2021 by Saurenergy Fusion Fuel Green PLC, a green hydrogen technology company, is pleased to announce that it has signed an MoU with BGR Energy Systems Limited, one of India’s leading EPC companies, to develop green hydrogen projects in India. The companies intend to establish an initial demonstrator plant in India in 2021 and thereafter develop larger-scale projects […] Read more
