Iberdrola signs its largest green loan worth €1 B with Banco Santander Updated On Thu, Apr 28th, 2022 by Saurenergy Spanish electric utility Iberdrola has signed its largest green loan with Banco Santander for an amount of €1 billion, which in turn is backed by an Export Credit Agency (ECA), said the company. The loan has a maximum term of 15 years.The funds will be used mainly to finance Iberdrola’s orders to suppliers of turbines […] Read more
Here’s How Taiwan’s Gogoro Leads With Innovation In Electric Two-wheeler Industry Updated On Thu, Apr 28th, 2022 by Saurenergy Based in Taipei (Taiwan), Gogoro is a two-wheeled electric vehicle and battery swapping infrastructure manufacturer. It offers a range of smart electric two-wheelers that feature cloud connectivity and an electric powertrain – gathering, analysing, and sharing riding data through a mobile application on the rider’s smartphone. Summing it up, Gogoro is an innovation leader in […] Read more
IEEFA: Widespread adoption of carbon capture, utilization and storage technologies in South East Asia remains highly unlikely Updated On Thu, Apr 28th, 2022 by Saurenergy Carbon, capture, utilization and storage (CCUS) is increasingly attracting attention in South East Asia. However, in the absence of the right drivers, its prospect in the region remains questionable, according to IEEFA’s latest report on CCUS in South East Asia. “CCUS can be viable when placed under a certain operational context, such as a high […] Read more
Hydrofuel Canada gets Green Ammonia, Hydrogen Cheaper than Fossil Fuels Updated On Tue, Apr 26th, 2022 by Saurenergy Hydrofuel Canada has signed a license agreement with Georgia Institute of Technology for their MAPS system which enables high-yield, sustainable ammonia synthesis from air and water. The technology has unprecedented efficiency which uses a gas-phase electrochemical process. Hydrofuel Canada is engaged in delivering green ammonia and hydrogen along the last mile to its customers. Hydrofuel […] Read more
Global Renewable Capacity Addition in numbers For 2021 from IRENA Updated On Mon, Apr 25th, 2022 by Saurenergy “At the end of 2021, global renewable generation capacity amounted to 3064 GW. Hydropower accounted for the largest share of the global total, with a capacity of 1230 GW,” finds a new report by the International Renewable Energy Agency (IRENA). Solar and wind energy accounted for equal shares of the remainder, with capacities of 849 […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
Atul Greentech Partners with Honda and Valeo to Make Electric Vehicles Updated On Fri, Apr 22nd, 2022 by Saurenergy Gujarat based Indian electric vehicle player Atul Greentech Private Limited (AGPL) has announced that the company has collaborated with Honda Power Pack Energy India Private Limited and Valeo to develop electric vehicles in India that will feature battery swapping solutions. Atul Greentech is a subsidiary of Atul Auto Limited, which has specialised in three wheeler […] Read more
Amazon Announces New Renewable Projects of 3.5 GW Across the World Updated On Fri, Apr 22nd, 2022 by Saurenergy Global ecom giant Amazon has announced it is investing in 37 new renewable energy projects across the globe adding up to 3.5 GW. The new projects will include 26 solar power projects, 3 wind energy farms and 8 rooftop solar projects at Amazon buildings around the world. Amazon continues to be the largest renewable energy […] Read more
4000 MW Renewable Energy Project for NEOM to Come Up Near Jordan Border Updated On Wed, Apr 20th, 2022 by Saurenergy The renewable energy projects that are being planned by Saudi Arabia to supply electricity to the green hydrogen based ammonia plant in the city of NEOM appear to have been disclosed. As per media reports, the renewable energy projects will be located in the North-West region of Saudi Arabia. It will be developed near the […] Read more