UK to Hold 4th Renewable Auction Backed by $277 M Updated On Tue, Sep 14th, 2021 by Saurenergy The UK government is allocating £200 million ($277 million) to support offshore wind projects in the fourth and biggest-ever round of its flagship renewable energy scheme. The Contracts for Difference (CfD) scheme is the UK government’s primary method of encouraging investment in low-carbon electricity. Launched in 2014, it is open to projects operating in Great Britain. It […] Read more
NZ’s Infratil To Invest in Renewable Platform In Singapore Updated On Tue, Sep 14th, 2021 by Saurenergy New Zealand-based investment firm Infratil is investing $233m in a renewable energy development platform in Singapore. The new platform will be called Gurīn Energy. Infratil CEO Jason Boyes said that “this is the 4th such platform Infratil has established to cover global growth of the sector. Infratil will own the business in partnership with the […] Read more
Turkey Reaches 10 GW Wind Energy Milestone: WindEurope Updated On Mon, Sep 13th, 2021 by Saurenergy Turkey reached 10 GW of wind energy installations, a significant achievement for the country, according to WindEurope. It means that Turkey managed to increase its wind energy capacity tenfold over the last 10 years. Over that period, Turkey has seen considerable diversification of its energy mix, in particular through the expansion of renewable generation capacity. […] Read more
Power Sector PSU’s Get Strong Backing To Push For Renewables Updated On Thu, Sep 9th, 2021 by Saurenergy Yesterday, (September 8) at a meeting to discuss the action plan for enhancing the investment by power sector CPSEs (Central Public Sector Undertakings) in renewable energy projects under the Chairmanship of R.K Singh, Union Minister of Power & NRE yesterday representative of all Hydro CPSEs, NTPC Ltd., MNRE and SECI came in. Key decisions were […] Read more
Toyota Plans $13.5 B Investment in EV Battery Tech by Decade End Updated On Wed, Sep 8th, 2021 by Saurenergy Japanese auto major Toyota Motor is planning to spend over $13.5 billion by 2030 to develop batteries and its battery supply system, aiming to head technological developments over the next decade, revealed an online briefing on batteries and carbon neutrality. The world’s largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, […] Read more
Ayana Renewable, Greenstat Hydrogen Sign MOU For Hydrogen Development In India Updated On Tue, Sep 7th, 2021 by Saurenergy Ayana Renewable Power, a renewable energy platform majority controlled by National Investment and Infrastructure Fund (NIIF), focuses on development of utility scale renewable projects in India. Ayana’s vision is to be the lowest cost renewable energy producer which utilizes technology to maximize value creation. Ayana and Greenstat Hydrogen India, a Norwegian energy organization, recently signed […] Read more
Wind Energy Accounted for 42% New U.S. Capacity in 2020 Updated On Wed, Sep 1st, 2021 by Saurenergy More wind energy was installed in 2020 than any other energy source, accounting for 42% of new U.S. capacity, says the U.S. Department of Energy (DOE). By contrast, solar amounted to only 38% of new capacity last year. The U.S. wind industry supports 116,800 jobs. The DOE has released three reports showing record growth in […] Read more
South Africa’s Eskom Plans $7.2 B Investment in Wind & Solar Updated On Tue, Aug 31st, 2021 by Saurenergy South African electricity public utility Eskom Holdings SOC Ltd. is planning to invest 106 billion rand, or $7.2 billion, in wind and solar power by the end of the decade. Eskom, which accounts for two-fifths of the nation’s greenhouse gas output, may execute its plan either independently or through a partnership. A few months ago, South […] Read more
Siemens Energy to Build Green H2 Industry in Egypt Updated On Fri, Aug 27th, 2021 by Saurenergy German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […] Read more
