Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market Updated On Thu, Feb 24th, 2022 by Saurenergy Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […] Read more
$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg Updated On Thu, Feb 24th, 2022 by Saurenergy The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […] Read more
ACEN Powers Up Philippines 1st Hybrid Solar-Storage Plant Updated On Thu, Feb 24th, 2022 by Saurenergy ACEN, the listed energy platform of the Ayala Group, has switched on the first hybrid solar and energy storage project of the Philippines. The pilot 40 MW energy storage project located in Alaminos, Laguna, will allow the company to evaluate opportunities to store energy more effectively across the portfolio of ACEN, with the aim to […] Read more
400MW Floating Wind Farm Proposed off Northern Ireland Coast Updated On Wed, Feb 23rd, 2022 by Saurenergy Search for renewable sources of energy is gaining significant speed in Western Europe and Northern Ireland is on the forefront when it comes to capturing offshore wind energy. Possibilities of massive offshore floating wind farms, which are expected to attract investments of multi million pounds beyond the coasts of Northern Ireland, are being evaluated and […] Read more
Adani opens Hydrogen gambit in Fuel cell pact with Ballard Power Updated On Tue, Feb 22nd, 2022 by Saurenergy The Gautam Adani-led Adani Group, which has announced a massive plan to stay on top of the renewable energy space in India and even the world, has just announced its first big move into the green hydrogen space. The firm has announced the signing of a non-binding pact with Nasdaq-listed Ballard Power Systems to evaluate […] Read more
MNRE Issues Framework to Promote Decentralised RE Livelihood App Updated On Fri, Feb 18th, 2022 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has issued a ‘Framework for Promotion of Decentralised Renewable Energy (DRE) Livelihood Applications’. DRE technologies are basically solutions, systems or products powered by renewable energy that help people to make a living. Solar looms, solar pumps, biomass powered cold storage and so on are some of the […] Read more
Husk Secures Funding For Solar Microgrids in Rural India Updated On Thu, Feb 17th, 2022 by Saurenergy Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […] Read more
China’s RE Boom Year Poses Challenges to Western Markets: WoodMac Updated On Thu, Feb 17th, 2022 by Saurenergy China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie. China’s need to meet soaring […] Read more
EU Works for Timely Realisation of 300MW Offshore Wind Target Updated On Thu, Feb 17th, 2022 by Saurenergy In a report adopted by the European Parliament, the Members of European Parliament (MEPs) have charted out a roadmap on faster deployment of offshore wind in the continent to timely arrest global warming and climate change. This is in line with the ‘EU Offshore Renewable Energy Strategy’ that sets out the goals of reaching 60 […] Read more
