Danish Renewable Energy Fund CIP Secures EUR 5.6 Billion Updated On Mon, Jul 10th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) successfully secured EUR 5.6 billion in capital commitments for their fifth flagship fund, Copenhagen Infrastructure V (CI V), on June 30, 2023. This achievement sets them on course to achieve their goal of raising a fund size of EUR 12 billion (about 13 billion USD), possibly making CI V the world’s […] Read more
SECI Issues RFS for Selection of Green Hydrogen Producers under SIGHT Scheme Updated On Mon, Jul 10th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RFS) for selection of Green Hydrogen Producers for setting up production facilities for Green Hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1-Tranche-I). SECI has been appointed as the implementing agency for the SIGHT Programme- Component I: […] Read more
Senior Process Engineer (Green Hydrogen) Updated On Fri, Jul 7th, 2023 by Saurenergy Responsibilities:- Deliver process engineering services that meet Worley, its customers and applicable statutory and regulatory specifications, on time and within budget. Perform process engineering services such as: identify and report changes to project scope; assist with the preparation of proposals, estimates, budgets and schedules; provide assistance during procurement, construction and commissioning activities. For example, write […] Read more
POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment Updated On Fri, Jul 7th, 2023 by Saurenergy POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […] Read more
Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
Alternate Energy: GAC Unveils Liquid Ammonia Engine for Cleaner Mobility Updated On Wed, Jul 5th, 2023 by Saurenergy Guangzhou Automobile Group (GAC), a Chinese state-owned manufacturer, has unveiled a prototype engine that utilizes liquid ammonia as a fuel, presenting a potential alternative to electricity and hydrogen. The unveiling was done at the firm’s annual flagship conference. The development of this innovative internal combustion engine (ICE) is a result of collaboration between GAC and […] Read more
China Gets the “Largest” Solar Powered Green Hydrogen Project in the World Updated On Tue, Jul 4th, 2023 by Saurenergy China Petroleum & Chemical Corporation (Sinopec), the $490 billion oil major announced the start of production at a Green Hydrogen Pilot Project (“Project”) constructed by the company in Kuqa City of Aksu Prefecture, Xinjiang Uygur Autonomous Region. The project aims to produce green hydrogen using solar power instead of natural-gas-based hydrogen at Sinopec’s refinery in […] Read more
Central University of Himachal Pradesh Sets up Green Hydrogen Research Laboratory Updated On Mon, Jul 3rd, 2023 by Saurenergy A Green Hydrogen Research Laboratory has been established in the Central University of Himachal Pradesh (CUHP). Vice-Chancellor Prof Sat Prakash Bansal held that the set up of its Green Hydrogen Research Laboratory is an important step with respect to sustainable energy research. “This laboratory has been established in line with the vision set by our […] Read more
Energy Trading In An Interconnected World Updated On Thu, Jun 22nd, 2023 by Saurenergy Matteo Mazzoni, Director of Energy Analytics, ICIS Energy markets are evolving, moving away from discrete regional or local hubs to become truly global and far more interconnected than ever before. The rise of LNG and associated infrastructure investment, for example, has seen it emerge as an analogue of more traditional natural gas hubs. Whereas previously, […] Read more