TotalEnergies takes 50% stake in Clearway Updated On Fri, May 27th, 2022 by Saurenergy Leading french energy player, TotalEnergies, has announced that it is acquiring a 50% stake in Clearway Energy Group (CEG) which is the 5th largest US renewable energy player. The deal is being done in association with Global Infrastructure Partners (GIP). This is the third largest acquisition in renewable energy in America which itself is one […] Read more
Assistant Lead / Lead Engineer – Loads Updated On Thu, May 26th, 2022 by Saurenergy The department is responsible for delivering service solutions on All Brands enabling the service business within Vestas to fulfil its skilled, strategic targets. The service solutions vary from parts & repair over maintenance concepts to product developments and upgrade solutions like component life extensions, rotor upgrades, optimizations of performance and cost-out initiatives. The department holds […] Read more
Topsoe Unveils Plans To Build World’s Largest Electrolyser Plant Updated On Wed, May 25th, 2022 by Saurenergy Denmark based decarbonization major Topsoe is going to build in Herning the world’s most advanced electrolyser production plant in order to meet society’s need for Power-to-X solutions. In this field, the company has the leading technology to decarbonize hard-to-abate sectors such as transport, chemicals, steel, and cement. A statement released by the company mentioned that […] Read more
RWE Issues €2 billion Green bond For Renewable Play Updated On Thu, May 19th, 2022 by Saurenergy In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […] Read more
EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025 Updated On Thu, May 19th, 2022 by Saurenergy Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […] Read more
Lightsource Bp Aims To Showcase Solar Powered Fishery In Taiwan Updated On Wed, May 18th, 2022 by Saurenergy Lightsource bp, the renewables and solar arm of Oil giant BP, has unveiled the company’s first-ever clean energy-fed aquaculture project, a 150MW PV-powered fishery off Taiwan. Its construction is expected to commence in June 2023. Being built by Lightsource bp in partnership with Green Rock Energy, the Bundai development will produce 210,000MWh of electricity a […] Read more
China, Europe Will Lead World To Record-breaking RE Capacity In 2022 Updated On Wed, May 11th, 2022 by Saurenergy The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […] Read more
Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
Singapore Calls Neighbours For Low-Carbon Power, Gets 20 Proposals Updated On Tue, May 10th, 2022 by Saurenergy Singapore recently called its neighbours to bring in around 30% of its electricity demand by 2035, receiving 20 proposals from overseas. Currently generating 95% of its electricity from natural gas, Singapore wants to decarbonize its power mix but finds itself handicapped by tiny land area. Left with few options but to look offshore, Singapore approached […] Read more