StatKraft To Aquire Solarcentury In $152 M deal Updated On Tue, Nov 3rd, 2020 by Saurenergy Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […] Read more
As Key Trade Partners Commit To Emission Cuts, Australia’s Energy Exports In Focus Updated On Tue, Nov 3rd, 2020 by Saurenergy As several Asian investors and major countries such as Japan, China, and South Korea get ready to aim for net-zero by 2050, the future of Australia’s large coal exports is under focus. Australia, which exports over 80 percent of its coal to Asian countries, primarily China, India, Japan, and South Korea, could see almost all […] Read more
Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
Pledges to Be Carbon Neutral by Japan, South Korea To Ensure Solar Growth Updated On Thu, Oct 29th, 2020 by Saurenergy The story in India might be depressing, with installations likely to hit a 4 year low this year after the peak of 2017, but the bigger picture for solar remains bright. That is because in the economies that can truly swing the balance, solar remains key to achieving key emission and carbon neutrality goals. Joining […] Read more
Pandemic Saves 2.5 Years of Emissions, Accelerates Coal Timeline in India: BNEF Updated On Wed, Oct 28th, 2020 by Saurenergy The drop in energy demand due to the pandemic will remove some 2.5 years worth of energy sector emissions between now and 2050, according to BNEF The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of energy sector emissions between now and 2050, according to research company […] Read more
PM Modi’s Solar Vision Vindicated As IEA Dubs Solar “The New King Of Electricity” Updated On Wed, Oct 14th, 2020 by Saurenergy The International Energy Agency (IEA), has never been a huge fan of renewable energy. The Paris-based agency, formed after the first oil shock in 1973-74 had a a broad mandate on energy security and energy policy co-operation. Over the years, the agency remained focused on oil, even as it grudgingly broadened its own mandate to […] Read more
Policies for An Atmanirbhar Energy Sector Updated On Fri, Sep 25th, 2020 by Saurenergy As India moves towards a new paradigm of ‘AtmaNirbhar’ Bharat, our energy security is a key component of this new resolve. The Prime Minister has already given pride of place to solar power, describing it as ‘sure, pure and secure’. But there is a lot more to our energy policy that requires a converted effort […] Read more
With Right Investments, UK can Lead World to Net-Zero Goals: Report Updated On Thu, Sep 17th, 2020 by Saurenergy Wood Mackenzie has delivered a comprehensive roadmap for the North Sea’s future to the OGTC, setting out the critical technologies needed to deliver an integrated net zero energy system on the UK Continental Shelf (UKCS). Closing the Gap – Technology for a Net Zero North Sea produced by Wood Mackenzie for the OGTC, with support from […] Read more
Target 2030. New Zealand Ruling Party Promises Early Arrival at 100% Renewable Energy Updated On Mon, Sep 14th, 2020 by Saurenergy Prime Minister Jacinda Ardern’s ruling labour Party in New Zealand has become one of the earliest ‘significant’ economies to promise a transition to 100 percent renewable energy by 2030. The country was earlier committed to reaching the target by 2035. Saying that New Zealand needs stable, sustainable and affordable energy to ensure its future energy […] Read more
