Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy Updated On Thu, Sep 8th, 2022 by Saurenergy State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Group’s Management Board, the Group’s subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is […] Read more
France’s CMA CGM Creates Special Fund for Shipping Decarbonisation Updated On Wed, Sep 7th, 2022 by Saurenergy French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […] Read more
Shell & Green Tie Capital’s Solar Project in the Offing in Spain Updated On Wed, Sep 7th, 2022 by Saurenergy Global energy conglomerate, Shell plc, and Green Tie Capital- investment and development services provider related to renewable energy, have decided to work together to develop more than 2 GW of solar projects in Spain. It is anticipated that the initiatives will progress all over Spain. Nickel Asia Corp (NAC) subsidiary Emerging Power (EPI) and Shell […] Read more
Dramatic Solar Capacity Rise Across Asia; India’s Sprint Towards 2030 Goal Updated On Wed, Sep 7th, 2022 by Saurenergy As per US electricity think tank Ember, solar power is expected to experience exponential growth across five of Asia’s biggest economies, positioning the region to become a global hub of solar power. Ember made the revelation after an analysis of existing national power sector development plans across China, Japan, Indonesia, India and the Philippines. Findings […] Read more
India’s Lithium Battery Recycling Gets Boost with New Rules Updated On Wed, Sep 7th, 2022 by Saurenergy In a big boost to the nascent lithium battery recycling industry in India, the environment ministry has announced new Battery Waste Management Rules, 2022, establishing responsibilities of producers, dealers, consumers, and entities involved in the collection, segregation, transportation, refurbishment, and recycling of all types of batteries, including rechargeable Lithium-ion batteries used in electric vehicles. The […] Read more
Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk Updated On Tue, Sep 6th, 2022 by Saurenergy Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […] Read more
Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe Updated On Tue, Sep 6th, 2022 by Saurenergy Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […] Read more
Egypt Looks to Construct Two Large Solar, Wind Projects Updated On Tue, Sep 6th, 2022 by Saurenergy The Egyptian government is mulling over the development of two large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind energy plants will be constructed in the North African Arab. The New and Renewable Energy Authority (NREA), which is mandated with the development of clean […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
