Portugal Scales Up PV Target From 9 GW to Over 20 GW By 2030 Updated On Thu, Jul 6th, 2023 by Saurenergy Keeping up with the trend of countries all over the world expecting, and seeking more from Solar power, Portugal has also enhanced it’s PV targets by over 2X to 20 GW, by 2030. The new targets are driven by a need to accelerate the energy transition, and an extra push from establishing green hydrogen manufacturing […] 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
Fluoride Electrolyte Innovation: Transforming Batteries for a Sustainable Future Updated On Wed, Jul 5th, 2023 by Saurenergy In a significant development for the field of battery technology, scientists at the U.S. Department of Energy’s Argonne National Laboratory have made a groundbreaking discovery involving a fluoride electrolyte that could potentially protect next-generation batteries against performance decline. This innovation could have a transformative impact on the electric vehicle (EV) industry and other advanced battery […] 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
Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion Updated On Tue, Jul 4th, 2023 by Saurenergy Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […] Read more
Hynfra Expands into Jordan with 530MW Solar-PV Green Ammonia Project Updated On Mon, Jul 3rd, 2023 by Saurenergy Hynfra, a Polish hydrogen company, has recently formed a new venture in Jordan with the aim of establishing a green ammonia plant powered by a 530MW solar PV system. The project is expected to be operational within five years. This joint venture, named Jordan Green Ammonia LLC, was created in partnership with Fidelity Group, an […] Read more
Avaada Group Successfully Pockets INR 10,700 Cr as Funding Updated On Thu, Jun 29th, 2023 by Saurenergy Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […] Read more
Amara Raja Wins 100 MW Solar Project in Bangladesh Valued at $130 Mn Updated On Wed, Jun 28th, 2023 by Saurenergy An arm of Amara Raja Group, Amara Raja Infra Private Limited (ARIPL), has won a 100 MW solar power project in Bangladesh. The value of the project is pegged at $130 million. As per the contract, the firm will look into the Engineering, Design, Supply, Installation, and Commissioning of the project, which is to be […] Read more
ACME Group Appoints Ashish Tiwari as COO, Wind & Solar Updated On Mon, Jun 26th, 2023 by Saurenergy Ashish Tiwari has joined ACME Group as the COO (Wind & Solar). In the new role, Ashish will play a pivotal role in driving the firm’s growth and ensuring operational excellence. Ashish said about his appointment, “I have joined ACME to be part of a successful journey to achieve GW of RE. To continue with […] Read more
