Vitol buys 10% stake in Norway’s Green Hydrogen producer Gen2 Energy Updated On Tue, Apr 27th, 2021 by Saurenergy Vitol, the world’s biggest independent oil trader, has announced its acquisition of a 10% equity interest in Gen2 Energy, a Norwegian green hydrogen producer, for an undisclosed sum. Over the last few years, the Dutch energy and commodity trading company has been expanding its foothold in the renewables sector and made investment commitments of $1 billion to […] Read more
Mosaic Announces $1.5 Bn Loan Purchase Program for Residential Solar Projects Updated On Mon, Apr 26th, 2021 by Saurenergy Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced an additional multi-year loan purchase program for approximately $1.5 billion with a leading global investment firm. This investment builds on a separate $1.5 billion, multi-year loan purchase program with Congressional Bank announced by Mosaic on April 14. This gives Mosaic access […] Read more
Statkraft’s First Wind Farm in Germany Will Generate 36 MW of Energy Updated On Mon, Apr 26th, 2021 by Saurenergy Norwegian state-owned hydropower company Statkraft is set to build its very first wind farm in Germany on a 67-hectare forest area in Bramwald in northern Hesse. By 2025, the so-called Oedelsheim wind farm is expected to comprise 6 turbines which will generate 36 MW of energy, adequate to supply 20,000 households with wind power each year and […] Read more
EIB Backs €2 Bn Investment to Scale up use of Renewable Energy Updated On Mon, Apr 26th, 2021 by Saurenergy EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […] Read more
New Deadline for OE Services Related to Solar & Storage Project in Chhattisgarh Updated On Mon, Apr 26th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the selection of consultancy firms for Owners Engineer (OE) services for the 100 MW (AC) solar PV project (160 MWp DC capacity) along with 40 MW/120 MWh Battery Energy Storage System (BESS) at district Rajnandgaon, Chhattisgarh during the design, construction, commissioning and preparations […] Read more
Coal India Signs its First Solar PPA, 100 MW Deal With GUVNL Updated On Mon, Apr 26th, 2021 by Saurenergy Coal India Limited has signed its very first PPA for the sale of 100 MW of solar power to Gujarat Urja Vikas Nigam Ltd (GUVNL). Coal India Limited (CIL) has announced that it has signed its very first Power Purchase Agreement (PPA) for the sale of 100 MW of solar power to the Gujarat Urja […] Read more
Arriving Soon: Solar Panels that Generate Power at Night Updated On Sat, Apr 24th, 2021 by Saurenergy Can solar panels generate energy even when the sun isn’t around? In a major breakthrough, researchers at the University of California have designed a unique night solar panel (NSP) that can produce 50 W under ideal conditions at night, one-fourth of what traditional solar panel produce during the day. In their paper entitled ‘Nighttime Photovoltaic […] Read more
German Govt to Expand Capacity in Solar & Wind Power Auctions Updated On Sat, Apr 24th, 2021 by Saurenergy The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […] Read more
Ecoppia’s Robotic Technology to Powers Automated Solar Panel Cleaning at AES California Site Updated On Fri, Apr 23rd, 2021 by Saurenergy Ecoppia, the world-leader in robotic cleaning technology for photovoltaic solar sites, announced today that it has completed the installation of its robots at a solar site in California, USA, operated by The AES Corporation, a Fortune 500 global energy company that provides greener, smarter energy solutions in 15 countries worldwide. AES is the largest private […] Read more
