European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen Updated On Thu, Oct 6th, 2022 by Saurenergy The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […] Read more
European Union to Invest $5.2 Billion More for Green Hydrogen Projects Updated On Tue, Oct 4th, 2022 by Saurenergy To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […] Read more
Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge Updated On Mon, Oct 3rd, 2022 by Saurenergy One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […] Read more
Canada’s Brookfield Invests $2 Billion in Scout Clean Energy, Standard Solar Updated On Mon, Oct 3rd, 2022 by Saurenergy Brookfield Renewable, which owns, operates and develops renewable power, together with its institutional partners, has announced two investments in the US renewable energy sector. Brookfield will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business’ development activities. It also announced the closing of its […] Read more
Amp Energy Collaborates With Ohmium International for 400MW Green Hydrogen Updated On Fri, Sep 30th, 2022 by Saurenergy New Delhi-based renewable energy company, Amp Energy India is collaborating with USA-based green hydrogen company Ohmium International for 400 MW of renewable capacity meant for green hydrogen production. Ohmium will provide the electrolysers for the projects. The deployments, aimed at mid-sized Commercial and Industrial (C&I) projects of 25MW or smaller, are planned to be installed […] Read more
UPNEDA Invites Bids for 50 MW of Rooftop Solar Projects in UP Updated On Fri, Sep 30th, 2022 by Saurenergy Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has invited bids for 50 MW (Cumulative Capacity) of grid-connected rooftop solar projects. The government and semi-government buildings in Uttar Pradesh will host these solar projects. The Renewable Energy Service Company (RESCO) model will be used for each project on a net-metering basis. The last date […] Read more
ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments Updated On Thu, Sep 29th, 2022 by Saurenergy ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […] Read more
$320 B Dubai Investment Fund Picks 5 RE Projects In Australia, Europe For Investments Updated On Wed, Sep 28th, 2022 by Saurenergy Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, announced its investment into five projects aimed to developing renewable energy sources in Australia and Europe. The fund has been expanding its investment strategies, to include more environmentally friendly and clean technologies, whose importance will definitely rise in the […] Read more
Italy’s Energy Dome, Denmark’s Ørsted Partner Up for Energy Storage Facilities Updated On Tue, Sep 27th, 2022 by Saurenergy Italy-based energy storage solution provider Energy Dome has revealed that it has signed a memorandum of understanding (MoU) with Denmark’s Ørsted, which is a global leader in offshore wind. This cooperation is to run a feasibility study on the deployment of a 20 MW / 200 MWh energy storage facility employing Energy Dome’s CO2 battery […] Read more
