Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia Updated On Tue, Dec 10th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […] Read more
Global EV Battery Market to Reach 40.6 mn Units by 2026 Updated On Mon, Dec 9th, 2019 by Saurenergy A new report has predicted that the global EV battery market volume is projected to reach 40.6 million units by 2026, exhibiting a CAGR of 21.1 percent. A new report has predicted that the global electric vehicle (EV) battery market volume was at 8.6 million units in 2018 and is projected to reach 40.6 million […] Read more
Iberdrola Secures €690 mn Loan From EIB at COP25 Updated On Sat, Dec 7th, 2019 by Saurenergy At COP25, EIB and Iberdrola have announced agreements worth EUR 690 million to invest in renewable energy projects and electricity distribution networks. At the Climate Change Conference (COP25) being held in Madrid, the European Investment Bank (EIB) and Iberdrola have announced two new agreements to promote climate action by investing in renewable energy projects and […] Read more
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
BP Increases Stake in Lightsource BP to Form a 50:50 JV Updated On Fri, Dec 6th, 2019 by Saurenergy The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 JV structure The management of Lightsource BP and BP have agreed to equalise their shareholdings in Lightsource BP to create a simplified 50:50 joint venture (JV) structure. As part of the transaction, BP will purchase newly-issued equity […] Read more
Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […] Read more
Engie Inaugurates Egypt’s Largest and First Private Wind Project Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Engie has announced that the firm and its consortium partners have now inaugurated the 262.5 MW Ras Ghareb wind park, Egypt’s first private and now the largest wind farm. Ras Ghareb project started commercial operation […] Read more
Vestas Bags 101 MW Wind Turbine Order for 2 Projects in Finland Updated On Thu, Dec 5th, 2019 by Saurenergy Vestas has announced that it has secured a 101 MW wind turbine order from Puhuri Oy for the Parhalahti and Hankila projects in Finland. Vestas has announced that it has secured a 101 MW order from Puhuri Oy, a developer and investor in wind energy for the Parhalahti and Hankila projects located in Northern Ostrobothnia […] Read more
US Solar Tariffs Cost 62,000 Jobs and 10.5 GW in Solar Capacity Updated On Wed, Dec 4th, 2019 by Saurenergy Tariffs on imported solar cells and modules have led to the loss of more than 62,000 US jobs and USD 19 billion in new private sector investment Tariffs on imported solar cells and modules have led to the loss of more than 62,000 US jobs and USD 19 billion in new private sector investment, according […] Read more
