US-based AES Corp Expands Footprint in Brazilian Renewable Sector Updated On Thu, Jul 30th, 2020 by Saurenergy The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […] Read more
Iberdrola, SEAT and VW Partner up to Boost E-Mobility in Spain Updated On Thu, Jul 30th, 2020 by Saurenergy Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have signed a strategic collaboration agreement to jointly promote e-mobility in Spain. Iberdrola, SEAT and Volkswagen Group Spain Distribution (VGSD) have reinforced their commitment to the electrification of transport with the signing of a strategic collaboration agreement to jointly promote the deployment of sustainable mobility and e-mobility […] Read more
Government Keen on Removing Duty Concessions for Wind Turbine Parts Updated On Thu, Jul 30th, 2020 by Saurenergy The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […] Read more
Israel-based Enlight Renewable gets Financing for 189 MW Wind Project Updated On Wed, Jul 29th, 2020 by Saurenergy Israel-based Enlight Renewable Energy has secured financing for its 189 MW (59 turbines) wind farm project in the Israeli-controlled Golan Heights Israel-based builder and operator of wind and solar energy projects – Enlight Renewable Energy has announced that it has secured financing for its 189 MW (39 turbines) wind farm project in the Israeli-controlled Golan […] Read more
EDP, Galp, Vestas and More to Asses Green Hydrogen Feasibility in Portugal Updated On Wed, Jul 29th, 2020 by Saurenergy EDP, Galp, Martifer, REN, Vestas and several European partners will assess the feasibility of the H2 Sines project, which aims to implement an industrial cluster for green hydrogen production based in the city of Sines in Portugal. EDP, Galp, Martifer, REN, Vestas and several European partners will assess the feasibility of the H2 Sines project, […] Read more
Latest Offshore Wind Farms in the UK Could Reduce Household Energy Bills: Analysis Updated On Tue, Jul 28th, 2020 by Saurenergy The latest round of offshore wind farms to be built in the UK could reduce household energy bills by producing electricity very cheaply. This is the conclusion of an analysis by an international team led by Imperial College London researchers. The analysis published in the Journal Nature Energy highlights that the most recently approved offshore […] Read more
PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects Updated On Tue, Jul 28th, 2020 by Saurenergy PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […] Read more
Utah-Based Power Innovations sets new Hydrogen Fuel Cells Record Updated On Mon, Jul 27th, 2020 by Saurenergy Utah-based Power Innovations has successfully completed a landmark 48-hour test with Hydrogen Fuel Cells, doubling the previous record of 24 hours Utah-based energy solutions provider Power Innovations has announced that it has successfully completed a landmark 48-hour test with Hydrogen Fuel Cells. In the test, which set a new Hydrogen Fuel Cell (HFC) record, the firm powered a full […] Read more
Iberdrola Improves bid for Infigen Takeover to €552.8 Million Updated On Fri, Jul 24th, 2020 by Saurenergy Iberdrola has announced that after its conditions were met by Infigen stakeholders, it has now upped its takeover bid for the firm to ~ EUR 552.8 million. Spanish energy conglomerate Iberdrola has announced that after its conditions were met by further acceptance of the takeover bid by shareholders of Australian renewable energy firm Infigen Energy, […] Read more
