Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
Shining Bright. India’s Solar Start Ups Updated On Fri, Sep 30th, 2022 by Saurenergy When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term perspective […] Read more
Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
Vattenfall To Develop 1-GW Offshore Wind Farm in Germany Updated On Fri, Sep 30th, 2022 by Saurenergy Vattenfall has announced that it has informed the German Authorities that it has exercised its ‘Right of Entry’ in the N-7.2 Wind Power Project. The right to entry is a part of the tender process for the construction of a large wind farm off the German island of Borkum in the German North Sea coast. […] Read more
1000 MW Solar Power Project Will To Come Up In Assam Updated On Fri, Sep 30th, 2022 by Saurenergy In a key announcement, Assam Chief Minister Himanta Biswa Sarma has said that a solar power project of 1,000 MW would come up in Dima Hasao district while inaugurating a Skill Development Centre. The Chief Minister held that the Skill Development Centre in Dima Hasao district will be able to provide skilled employees to the 1,000-MW solar power […] Read more
Sungrow Surpasses 14-GW Shipments in Indian Solar Market Updated On Fri, Sep 30th, 2022 by Saurenergy Leading global inverter and energy storage system supplier for RE, Sungrow Power Supply, has said that it has surpassed 14 GW inverter shipments in the Indian market. Sungrow said that it took less than one year to reach 14-GW as the 10-GW record was achieved in November, 2021. The 4 GW sales since then are […] Read more
ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments Updated On Thu, Sep 29th, 2022 by Saurenergy ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […] Read more
Jupiter Power, Energy Vault Partner for 2.4 GWh of Domestic-Content-Qualified BESS Updated On Thu, Sep 29th, 2022 by Saurenergy Texas-based utility-scale battery energy storage systems (BESS) developer and operator, Jupiter Power has announced the execution of an agreement with Switzerland-headquartered grid-scale energy storage solutions provider Energy Vault Holdings. Under the agreement, Jupiter Power and Energy Vault will collaborate to secure 2.4 GWh of supply chain equipment and services that will be integrated and delivered […] Read more
Understanding The $84 Billion Global Carbon Pricing Market Updated On Thu, Sep 29th, 2022 by Saurenergy Global carbon pricing revenue in 2021 increased by almost 60 per cent from 2020 to around $84 billion, as per the latest “State and Trends of Carbon Pricing” report. The world needs funds to carry on with its efforts to shift to sustainable development, finance broader fiscal reforms, or invest in communities as part of […] Read more
