France, UAE to Join Forces on RE and H2 Projects Updated On Mon, Nov 22nd, 2021 by Saurenergy French finance minister Bruno Le Maire said on Sunday that France will work with the United Arab Emirates (UAE) on new projects in the energy sector including renewables and hydrogen fuel. “Reaching zero carbon emissions by 2050 is an important goal, and we want to work with the UAE on this fight on climate change,” […] Read more
Meridian to Sell Aussie Biz to Shell & ICG Consortium for $5278 M Updated On Mon, Nov 22nd, 2021 by Saurenergy New Zealand electricity generator and retailer Meridian Energy is selling its Australian business to a consortium of Shell Energy Operations Pty Ltd, a wholly owned subsidiary of Shell and Infrastructure Capital Group (ICG) for A$729 million ($527.80 million), subject to possible adjustment depending on the timing of completion. On completion, Shell will become the owner of […] Read more
IOC Floats Global Tender to Set Up Green H2 Units at Mathura & Panipat Updated On Mon, Nov 22nd, 2021 by Saurenergy The Indian Oil Corporation (IOC), ranked 212th on the Fortune Global 500 list of the world’s biggest corporations as of 2021, has released a global tender to set up green hydrogen generation units at Mathura and Panipat — two of its big refineries in North India. The deadline for interested applicants to submit their bids […] Read more
Tech firms Plan ₹5k cr invt in Karnataka For Solar Cells, Other Electronics Updated On Sun, Nov 21st, 2021 by Saurenergy Prominent tech companies such as HCL have come forward to invest over Rs 5,000 crore in Karnataka, a State Minister said on Thursday. Addressing reporters at the Bengaluru Tech Summit 2021, the Minister for IT-BT and Higher Education, Dr C N Ashwath Narayan, said HCL, Applied Material, Rakon, and Chint have come forward to invest […] Read more
Fortescue Races Ahead With Electrolyser Manufacturing Plans In Australia Updated On Wed, Nov 17th, 2021 by Saurenergy Fortescue Future Industries which is building what it claims will be the world’s biggest plant for green hydrogen electrolysers, has confirmed approvals for the same within a month from the Queensland, Australia government. The Andrew Forrest owned Fortescue may also include a gigawatt scale solar module factory and other production facilities. The facility will have […] Read more
Virescent RE Trust Ties-Up INR 2,150 Cr of Debt Financing Updated On Tue, Nov 16th, 2021 by Saurenergy Virescent Renewable Energy Trust (VRET), an infrastructure investment trust (InvIT), has raised INR 1000 crore in its debut issuance across 3, 5 and 7 year tranches. This transaction marks the first-ever issuance by a renewable energy InvIT in India. The company will primarily use the proceeds to refinance existing debt at the Special Purpose Vehicle […] Read more
UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
UK Researchers to Develop Anti-soiling Coating for Solar Modules Updated On Mon, Nov 15th, 2021 by Saurenergy Solar experts from Loughborough University have been awarded funding to create a durable and scalable anti-soiling coating for solar modules. Project lead Professor Michael Walls, Professor of Photovoltaics for Power Systems in the university’s Centre for Renewable Energy Systems Technology (CREST), says the three-year-long study, funded by the Engineering and Physical Sciences Research Council (EPSRC), […] Read more
Sungrow Showcases Tech Innovations at Mexico’s Solar Trade Show Updated On Fri, Nov 12th, 2021 by Saurenergy Sungrow, an inverter solutions supplier for renewables, showcased a comprehensive product portfolio covering utility and C&I PV and energy storage solutions at Solar Power Mexico, a solar energy trade show, on November 9th through the 11th. The Mexican market is supported by low solar prices and is ripe with opportunity as solar grows. Mexico has […] Read more
