California’s Pathway Power Raises $36 Million from The Forest Road Company Updated On Mon, Sep 12th, 2022 by Saurenergy Forest Road Renewables, a climate-focused infrastructure platform within financing firm The Forest Road Company, has announced a $36 million strategic investment in Pathway Power, a battery storage developer based in California. With the funding, Pathway Power will expand its portfolio of clean energy projects, which was designed to produce over 2 GW of energy across […] Read more
Ohmium to Supply 343 MW of Green Hydrogen to Tarafert’s Mexico Facility Updated On Mon, Sep 12th, 2022 by Saurenergy Ohmium International, that delves in designing, manufacturing, and deployment of PEM Electrolyzers for green hydrogen, has said that it has signed an agreement to provide 343 MW of green hydrogen electrolyzers to Tarafert in Mexico. Tarafert is a developer of large-scale urea fertilizer and green ammonia with its production facility in Mexico. The official statement […] Read more
Danish Firms Maersk & Stiesdal Offshore Partner for Floating Offshore Wind Updated On Mon, Sep 12th, 2022 by Saurenergy A global leader of marine services and integrated solutions to the energy sector, Maersk Supply Service has announced that it has entered into a strategic partnership with Stiesdal Offshore to offer combined solutions to the fast-growing floating offshore wind sector by building on the their individual positions in the industry. Stiesdal is known for supplying […] Read more
US-Based Odyssey Raises $5.34m to Expand Distributed RE Updated On Mon, Sep 12th, 2022 by Saurenergy US-based Odyssey Energy Solutions has announced that it has raised $5.34 million in new funding led by Equal Ventures, a venture capital investment firm based in New York,. The participating investors include Twelve Below, Abstract Ventures, Founder Collective, and MCJ Collective. Odyssey offers an end-to-end solution to finance, build and operate distributed energy projects at […] Read more
Cummins to Expand Belgium Electrolyzer Manufacturing Capacity To 1 GW Updated On Fri, Sep 9th, 2022 by Saurenergy American multinational Cummins Inc. has announced that it will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 GW with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. Cummins held that IPCEI will help Cummins develop a new generation of PEM electrolyzer cell stacks to power large-scale […] Read more
GE Renewable to Supply Wind Turbines to Japan Updated On Thu, Sep 8th, 2022 by Saurenergy GE Renewable Energy, a French wind turbine maker, has announced that it has been selected as the supplier for the Fukaura Wind Farm by Green Power Investment (GPI) in Fukaura Town, Aomori Prefecture, Japan. The project, which will feature 19 units of 4.2-117 onshore wind turbine of GE, represents company’s third project with GPI in […] Read more
France’s CMA CGM Creates Special Fund for Shipping Decarbonisation Updated On Wed, Sep 7th, 2022 by Saurenergy French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […] Read more
ALMM, BCD Update- Developers Hope For Relief Soon Updated On Tue, Sep 6th, 2022 by Saurenergy Informed sources indicate that there are strong chances of the government considering developer pleas for extending applicability of ALMM conditions for domestic projects. A meeting was held between industry representatives and Minister of Power, New and Renewable Energy R K Singh on September 6. The agenda was a review meeting with key developers and other […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
