EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects Updated On Fri, Dec 6th, 2019 by Saurenergy EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […] Read more
GM and LG Chem to Mass Produce Battery Cells for Future EVs Updated On Fri, Dec 6th, 2019 by Saurenergy GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […] Read more
Black Hills Commissions 60 MW Wind Project in Colorado Updated On Tue, Dec 3rd, 2019 by Saurenergy Black Hills has announced that construction has been completed and commercial operations started for the 60 MW Busch Ranch II wind project in southern Colorado Black Hills Corporation has announced that construction has been completed and commercial operations started for the 60-megawatt (60 MW) Busch Ranch II wind project in southern Colorado. The USD 71 […] Read more
How to Exploit Offshore Wind Potential in Baltic Sea: Report Updated On Mon, Dec 2nd, 2019 by Saurenergy In order to exploit the full potential of offshore wind in the Baltic Sea, WindEurope’s Baltic Taskforce has released a new report answering some of the important “how’s?” In order to exploit the full potential of offshore wind in the Baltic Sea, WindEurope’s Baltic Taskforce has released a new report, ‘Boosting offshore wind energy in […] Read more
Pacifico Energy Raises $265 mn for its Second Solar Fund Updated On Mon, Dec 2nd, 2019 by Saurenergy Pacifico Energy has successfully completed the launch of its second solar investment fund at USD 265 million Pacifico Energy has announced that it has successfully completed the launch of its second solar investment fund (Fund II) at USD 265 million or 29 billion Yen. Fund II will be comprised of five Japanese solar power plants […] Read more
EESL and SDMC Partner to EV Infrastructure in Delhi Updated On Thu, Nov 28th, 2019 by Saurenergy EESL has signed a Memorandum of Understanding (MoU) with SDMC to establish infrastructure for Electric Vehicles (EV) in the SDMC area over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power has signed a Memorandum of Understanding (MoU) with South Delhi Municipal Corporation (SDMC) to establish infrastructure for […] Read more
Solar PV Energy Capacity to Exceed 8000 GW by 2050: Report Updated On Wed, Nov 27th, 2019 by Saurenergy A new report has predicted that while capacity additions in Asia, North America and Europe, the global PV solar capacity could exceed 8,000 GW by 2050. Wind energy and concentrated solar power (CSP) have reduced their costs significantly, but it is solar photovoltaic (PV) that has reduced its costs dramatically, thanks to rapid developments in […] Read more
IFC Eclipses $10 bn in Climate Finance Investments Since 2006 Updated On Tue, Nov 26th, 2019 by Saurenergy IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […] Read more
Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn Updated On Tue, Nov 26th, 2019 by Saurenergy Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […] Read more