True Green Capital (TGC) Takes Majority Stake In CleanChoice Energy Updated On Sun, Apr 30th, 2023 by Saurenergy Connecticut based renewables investment firm True Green Capital Management has announced that it has acquired majority stake in Washington based cleantech company CleanChoice Energy. CleanChoice claims to empower people and businesses to access climate solutions. TGC will be offering dedicated capital to fund CleanChoice’s solar development pipeline. The acquisition will fuel the growth of CleanChoice […] Read more
Record Renewable Output Lowers Costs, Emissions – Australian Energy Market Operator Updated On Fri, Apr 28th, 2023 by Saurenergy According to the Australian Energy Market Operator (AEMO), the country witnessed a significant increase in its renewable energy production in the quarter that ended in March. As a result, energy costs decreased, carbon emissions hit record lows, and there was a shift away from power generated by coal and gas. This surge in renewable energy […] Read more
South Africa Releases Its Largest Renewable Energy Tender of 3,740 MW Capacity Updated On Fri, Apr 28th, 2023 by Saurenergy In a first such tender for the country on African continent, South Africa has issued its first large-scale tender aimed at procuring renewable energy. With a capacity of 3,740 MW, this is the continent’s biggest program on renewable energy. This is the release of the first phase of the RFP (Request for Proposal). The tender […] Read more
Suzlon Bags Wind Energy Project Worth 39 MW From First Energy Updated On Fri, Apr 28th, 2023 by Saurenergy A provider of renewable energy solutions, Suzlon has revealed that it has won a 39 MW wind power project from Thermax Group firm, First Energy. The order forms a part of a wind-solar hybrid project of 100 MW capacity by First Energy 5 Pvt Ltd. Suzlon will be responsible for the installation of 13 wind […] Read more
Explained: Can Higher Energy Density Batteries Power Air Travel ? Updated On Fri, Apr 28th, 2023 by Saurenergy One of the world’s largest battery manufacturers, CATL, has recently unveiled its new condensed battery boasting an impressive 500 Wh/kg energy density. The significance of this can be gauged from the fact that the firm teased the idea of electrifying passenger aircraft with its new battery revelation. And yes, it’s not yet another ‘demonstrator’ with […] Read more
G-7, G-20 Partners Need To Collaborate To Tackle Challenges Of Critical Minerals: Report Updated On Thu, Apr 27th, 2023 by Saurenergy A recent policy brief on critical minerals (CM) claimed that there was a need for a partnership between the members of the G-7 and G-20 on the vital issue. The report said that such a partnership was needed to tackle the main hurdles in the procurement and deployment of these rare resources, crucial to expedite the growth […] Read more
Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more
RWE Secures All Components For 1,000 MW Thor Offshore Wind Farm Updated On Wed, Apr 26th, 2023 by Saurenergy Global renewables player RWE is making progress on Thor Offshore Wind Farm which is Denmark’s largest to date. RWE has announced to have selected all preferred suppliers for all main components for the wind farm. With a planned capacity of more than 1,000 MW, Thor will be built in the Danish North Sea,off Jutland coast. […] Read more
The Top 5: Risks to Renewable Energy from Climate Change Updated On Tue, Apr 25th, 2023 by Saurenergy Climate change has already started posing real-world challenges. It is not just affecting adversely the developmental plans but is also disrupting the livelihoods of a considerable section of the human population in the regions prone to climate change disasters such as floods, droughts, sea level rise, etc. Renewable energy (RE) has given a push developmental […] Read more
