More Research Needed to Attain Climate Goals with Wind: WindEurope Updated On Fri, May 21st, 2021 by Saurenergy On 4 May, the European Technology and Innovation Platform on Wind Energy (ETIPWind) with the support of WindEurope gathered cross-sectoral experts – from the wind energy sector, composite, copper, cement, rare earth industries and the European Commission – to tackle the development of new materials used in wind turbines and turbine recycling. The EU has […] Read more
National Grid and RWE Renewables Sign Partnership to Jointly Bid in the New York Bight Lease Auction Updated On Fri, May 21st, 2021 by Saurenergy Partnership supports both companies’ goals to advance a clean energy future for all and achieve net zero National Grid, one of the world’s largest publicly listed utilities, and RWE Renewables (RWE), one of the world’s leading renewable energy companies, today announced the signing of a partnership agreement to jointly develop offshore wind projects in the coastal region […] Read more
Maire, Mytilineos Conduct Joint Feasibilty Study on Green H2 Plant in Italy Updated On Fri, May 21st, 2021 by Saurenergy In a joint statement released yesterday, Italy-based Maire Tecnimont’s subsidiary NextChem and Greece-based MYTILINEOS’ Renewable and Storage Development Business Unit (RSD BU) announced their signing of an agreement to together carry out a feasibility study for the development of a green hydrogen plant in Italy. NextChem is Maire Tecnimont’s subsidiary operating in the field of […] Read more
Magenta Closes Series A Round With new Commitments Worth $15 Mn Updated On Fri, May 21st, 2021 by Saurenergy EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […] Read more
RE Certificates Worth Over Rs 9,000 Cr Sold in India to Date: CEEW-CEF Updated On Thu, May 20th, 2021 by Saurenergy According to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF), India’s Renewable Energy Certificate (REC) market has recorded net sales worth INR 9,266 crore during its decade of existence. The CEEW-CEF is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF […] Read more
About 7 GW of Unsigned PSAs Pose Risk to RE targets: CRISIL Updated On Thu, May 20th, 2021 by Saurenergy In a press release today, CRISIL Research said that delays in power supply agreements (PSAs) for about 7 GW of the bid out renewable energy projects might lead to 35 per cent shortfall in the 160 GW renewable energy capacity target set for the end of calendar year 2022. This delay may, however, not impact […] Read more
Energy Transition May Cost Upstream Oil & Gas Sector $14 T: WoodMac Updated On Thu, May 20th, 2021 by Saurenergy Even a rapidly transitioning world needs oil and gas supply for decades to come The energy transition represents US$14 trillion worth of uncertainty for upstream oil and gas, according to a new report by Wood Mackenzie. Oil and gas is a risky business. Over the years, those risks have been tempered by a single tenet […] Read more
Global EV Market To Reach $802.75 Billion By 2028: Report Updated On Tue, May 18th, 2021 by Saurenergy A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […] Read more
Great First Three Months of 2021: Installed Wind Power in U.S. up by 40% Updated On Tue, May 18th, 2021 by Saurenergy The American Clean Power Association (ACP) released its Clean Power Quarterly Market Report last week, which shows that U.S. project developers installed nearly 40% more wind power in the first three months of 2021 than in the first three months of 2020, the strongest year ever for clean power. This amount of development also represents nearly […] Read more
