Blue Bear Capital Raises $150 million For Investments in Cleantech Startups Updated On Wed, Sep 22nd, 2021 by Saurenergy Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […] Read more
Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research Updated On Tue, Sep 21st, 2021 by Saurenergy The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […] Read more
Green Projects Fuel Demand for Cogeneration Equipment Market: Study Updated On Thu, Sep 9th, 2021 by Saurenergy The global cogeneration equipment market, which was valued at US$ 20.25 Bn in 2018, would expand at a CAGR of 9.84% during the forecast period of 2019–2027, according to analysts at market intelligence company Transparency Market Research (TMR). The concept of cogeneration includes simultaneous heat and electricity generation from a single fuel source, including biomass […] Read more
China’s CO2-intensive Belt Road Initiative Threat to Environment: Report Updated On Tue, Sep 7th, 2021 by Saurenergy While China has termed Belt Road Initiative (BRI) environmentally sustainable and green, it is a threat to climate change and is responsible for causing environmental degradation as almost 90 per cent of its energy projects are carbon-intensive and operate on fossil fuel, think tank International Forum For Rights and Security (IFFRAS) has recently noted. The BRI […] Read more
EDF, California Community Group Sign 300 MW Solar+Storage PPA Updated On Tue, Sep 7th, 2021 by Saurenergy EDF Renewables North America (EDFR) and Clean Power Alliance (CPA) have signed a 15-year Power Purchase Agreement (PPA) for the Desert Quartzite Solar-plus-Storage project, which consists of of a 300 megawatt (MWac) solar project coupled with a 600 MWh battery energy storage system (BESS). The project is expected to begin delivery of clean electricity to […] Read more
Belgian Companies Unveil ‘World’s 1st H2-powered Excavator’ Updated On Fri, Sep 3rd, 2021 by Saurenergy Belgian companies CMB.TECH (a hydrogen solutions firm) and Luyckx (a crane equipment manufacturer) have recently presented the “first hydrogen-powered dual fuel excavator,” which is meant to provide gradual ecological development within the heavy construction and earthmoving sector. With this machine, companies within the sector can embark on energy transition with today’s machines without being permanently dependent […] Read more
Lowest Bid of $0.01332/kWh Reported in Chile’s Renewables Auction Updated On Thu, Sep 2nd, 2021 by Saurenergy The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable energy auction last week, in which the lowest bid was submitted for $0.01332/kWh for a solar PV project. 29 bidders took part in the bidding process, which was conducted by Empresas Eléctricas AG and by Enel, to provide electricity to the National Electric System […] Read more
Scientists in Korea Increase Efficiency of Green H2 Production Updated On Wed, Sep 1st, 2021 by Saurenergy A team of researchers from Pusan National University, Korea, led by Professor Kandasamy Prabakar, has developed a method to design a novel electrocatalyst that can eliminate issues of efficiency in the production of green hydrogen through electrolysis. Their work was made available online on April 6, 2021, and will be published in print in the […] Read more
Denmark Invites Bids for Third Technology-neutral Tender Updated On Fri, Aug 27th, 2021 by Saurenergy The Danish Energy Agency (DEA) has invited bids for a technology-neutral tender, where solar cell systems, wind turbines, wave energy plants and hydropower plants can compete for support. This is the third such tender launched by Denmark and will back around 428 MW of renewable energy projects using DKK 1.2 billion ($189.5 million) in state funds. The […] Read more
