OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania Updated On Tue, Oct 4th, 2022 by Saurenergy The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil corporation OMV Petrom will construct 450 MW of solar PV in the country. According to OMV Petrom, a total of over €400 million (US$390 million) will be spent on the installation of four solar parks- nearly triple the installed solar capacity in Romania. […] Read more
Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge Updated On Mon, Oct 3rd, 2022 by Saurenergy One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […] Read more
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
Italy’s Energy Dome, Denmark’s Ørsted Partner Up for Energy Storage Facilities Updated On Tue, Sep 27th, 2022 by Saurenergy Italy-based energy storage solution provider Energy Dome has revealed that it has signed a memorandum of understanding (MoU) with Denmark’s Ørsted, which is a global leader in offshore wind. This cooperation is to run a feasibility study on the deployment of a 20 MW / 200 MWh energy storage facility employing Energy Dome’s CO2 battery […] Read more
Energy Consultancy ABL Group to Assess 2 GW RE in South Africa Updated On Tue, Sep 27th, 2022 by Saurenergy ABL Group- an energy and marine consultancy – has said that it been contracted by various developers to provide energy yield assessment for more than 2 GW of potential solar and wind power plants in South Africa. ABL said that about 1.5 GW of the energy yield assessment work is related to nine potential solar […] Read more
EnerVenue & Green Energy Renewable In 250 MWh Storage Deal Updated On Fri, Sep 23rd, 2022 by Saurenergy Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
Danish Energy Agency Works on World’s First Power-to-X Tender Updated On Tue, Sep 13th, 2022 by Saurenergy To address the schedule and framework for the world’s first Power-to-X (PtX) tender in Denmark, the Danish Energy Agency (DEA) will soon conduct a stakeholder conference. The DEA has now formed a secretariat for Power-to-X in addition to creating a PtX task force. The said tender is poised to be the world’s first power-to-X tender. […] 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
