Norwegian Firm Equinor’s RE Unit Reports Losses in Q3 2022; Net Operating Loss at US$56m Updated On Fri, Oct 28th, 2022 by Saurenergy Government-owned Norwegian firm Equinor has shared that it is witnessing expanding losses from its renewables unit. The losses have been reported in the third quarter 2022 as against the corresponding quarter last year. The renewables arm of Equinor recorded a net operating loss of US$56m in the quarter- more than twice the figure in the […] Read more
General Motors Secures 100% Energy Needed to Achieve RE Goal Updated On Fri, Oct 28th, 2022 by Saurenergy Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […] Read more
India to Export Green Energy to Singapore from 2025 Updated On Wed, Oct 26th, 2022 by Saurenergy India’s Greenko Group and Singapore’s Keppel Infrastructure have entered into an agreement on green hydrogen. Under the MoU, the two firms will working on a 250,000 tonne yearly contract for Keppel’s new 600 Mw power plant situated in Singapore. The MoU was signed on the on the sidelines of the Singapore International Energy Week. This […] Read more
Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside Updated On Tue, Oct 25th, 2022 by Saurenergy Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […] Read more
Jakson Green In MoU To Develop $ 2.8 Billion Green Ammonia and Hydrogen Project in Rajasthan Updated On Tue, Oct 25th, 2022 by Saurenergy Jakson Green, the new energy transition platform backed by the Jakson Group, has signed a Memorandum of Understanding (MOU) with the Government of Rajasthan to invest about Rs 22,400 Crore in the State to set up a Green Hydrogen & Green Ammonia project in phases. The MoU was signed by Vish Iyer, Global Chief Commercial […] Read more
Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
WBSEDCL 205 EV Charging / Battery Swapping Station Tender Complete Details Updated On Fri, Oct 21st, 2022 by Saurenergy West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for installing 205 EV charging stations and battery swapping stations to increase e-mobility in the region. The last date for submitting the online bid is November 18, 2022, till 12:00 pm. Bids will be opened on the same day at 12:30 pm. The tender […] Read more
DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
Asia Brewery Awards 13.8 MWp Rooftop Project to TotalEnergies ENEOS Updated On Wed, Oct 19th, 2022 by Saurenergy Asia Brewery Inc. (ABI), a diversified beverage company based in the Philippines, has given TotalEnergies ENEOS a contract for a 13.8 MWp solar photovoltaic (PV) system power plant on one of its manufacturing plants in the country. About 24% of the facility will be powered by renewable energy thanks to this technique. One of the […] Read more
