Top 5 US solar parks Updated On Fri, Apr 8th, 2022 by Saurenergy Solar power is more affordable, accessible and widely used in the United States today than it was ever before. The progress and potential of solar power development in the country is staggering. Solar power capacity of the US has grown from approximately 0.34 GW in 2008 to approximately 97.2 GW in 2021. Markets for solar […] Read more
Mitsubishi, Shell to build wind farms to manufacture green hydrogen Updated On Fri, Apr 8th, 2022 by Saurenergy Japan’s leading trading player Mitsubishi Corp and Britain’s oil giant Shell Plc are in discussions to collaborate for producing green hydrogen by developing major offshore wind farms in Europe to give a push to the global quest for decarbonisation. As per media reports, by 2030, the companies will create 400,000 tonnes of green hydrogen every […] Read more
Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
“Land is governed not only by ownership but also by the nature of ownership on record and on the ground” Updated On Mon, Apr 4th, 2022 by Saurenergy When it comes to renewable projects in India, one of most critical yet underestimated aspects remains land acquisition. Always a sensitive issue in the country, land acquisition for renewable projects can be a really tricky issue for many developers, leading to long, and expensive project delays. While local land aggregation firms and individuals have always […] Read more
The $12 Billion dollar Question. When Promoter, Group And Subsidiary All Go For a Cleanup Updated On Fri, Apr 1st, 2022 by Saurenergy Cleanups don’t go deeper than this. The Anil Agarwal owned $12 billion Vedanta Group, a mining major that has had its share of confrontations with environmentalists worldwide, has embarked on a major green push. It’s a push accompanied by similar moves at Subsidiary Hindustan Zinc limited. And not just that, all this comes even as […] Read more
India, Australia Collaborate for Lithium and Cobalt Prospects Updated On Fri, Apr 1st, 2022 by Saurenergy India and Australia will be jointly investing $6 million to explore cobalt and lithium mines in the continent sized country over the next six months. The two countries have signed an agreement for the exploration of the critical minerals as Australia is home to some of the largest reserves of lithium, cobalt and vanadium. The […] Read more
ENGIE North America Gets $800m Financing for 665 MW Wind, Solar Projects Updated On Fri, Apr 1st, 2022 by Saurenergy ENGIE North America has announced that the company has successfully completed Tax-Equity financing for its Iron Star (Kansas) and Priddy (Texas) wind projects and Equity financing for the portfolio of these assets along with Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW. ENGIE says that leading […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
Queensland Goes With Tesla Megapack Batteries for 100MW BESS Project Updated On Thu, Mar 31st, 2022 by Saurenergy The state government of Queensland has announced that the state owned power company CS Energy will build a 100MW battery energy storage system (BESS) by using Tesla Inc’s Megapacks batteries to support renewable power. The move comes despite the well publicised accident involving the megapacks in Australia’s Victoria Big Battery project earlier in July last […] Read more
