Chariot to Build 10 GW RE-powered Green H2 Complex in Mauritania Updated On Wed, Sep 29th, 2021 by Saurenergy London-based Chariot has signed a memorandum of understanding with the Mauritanian government for green hydrogen, reports afrik21. The company wants to produce and export this less CO2-emitting energy. Mauritania could be home to one of the largest green hydrogen production projects in Africa. This is the aim of the memorandum of understanding signed recently between […] Read more
French Firm TotalEnergies Expects RE Expansion in Future Updated On Tue, Sep 28th, 2021 by Saurenergy French company TotalEnergies said on Monday that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due to a general increase in electrification in the industrial and business world. TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a […] Read more
NHPC Board Approves Setting up Subsidiary for RE Business Updated On Tue, Sep 28th, 2021 by Saurenergy State-owned hydro power giant NHPC on Friday said its board has approved the proposal to form a subsidiary for the development of renewable energy, small hydro and green hydrogen projects. “Board of Directors of Company in its meeting held today i.e. Friday, September 24, 2021 inter-alia has considered and approved the proposal regarding the formation […] Read more
Bord na Mona to Build ‘1st Irish Dedicated RE Business Park’ Updated On Tue, Sep 28th, 2021 by Saurenergy Irish utility service provider Bord na Mona (BnM) is planing to construct a 200MW-plus hybrid energy park — the “first Irish dedicated renewable-energy business park.” The semi-state company said that the so-called energy park will be developed on more than 7,400 acres of its landbank in counties Meath, Offaly and Westmeath. It is expected to potentially […] Read more
IRENA & GWEC Target 380 GW Offshore Wind Energy by 2030 Updated On Tue, Sep 28th, 2021 by Saurenergy The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) have signed the Global Offshore Wind Energy Compact, an agenda that aims to ensure sustainable energy for all, helping the global battle against climate change. The compact sets a target of 380 GW of energy from offshore wind, installed worldwide by 2030; by […] Read more
Global Solid State Transformer Market to be Worth Over $1200 M by 2027 Updated On Tue, Sep 28th, 2021 by Saurenergy The global solid state transformer (SST) market is likely to register a revenue of $1,246.4 million by 2027, at a CAGR of 26.0% during the forecast period from 2020 to 2027, finds new analysis by Research Dive. The report provides a brief summary of the current market scenario comprising major aspects of the market such […] Read more
Germany’s Encavis Buys 74.5 MW Wind Portfolio in France Updated On Mon, Sep 27th, 2021 by Saurenergy Germany’s Encavis Asset Management has acquired five new wind farms in France, totalling 74.5 MW capacity, to implement the growth and diversification strategy for its special fund Encavis Infrastructure Fund II (EIF II). The seller of the renewable energy plants is the Swiss Axpo Holding AG, whose subsidiary Volkswind is responsible for planning, projecting and construction […] Read more
Shell Orders Singapore’s 1st Fully Electric Ferry Service from Penguin Intl Updated On Mon, Sep 27th, 2021 by Saurenergy Anglo-Dutch energy giant Shell has awarded a contract to Singapore company, Penguin International Limited, to design, build and operate at least three fully-electric ferries which, when operational, will be the first fully-electric ferry service in Singapore and a first for Shell globally. Expected to set sail in the first half of 2023, the new 200-seater […] Read more
Global Fossil Fuel Subsidies Stand at $6 Trillion: IMF Updated On Mon, Sep 27th, 2021 by Saurenergy New research produced by the International Monetary Fund (IMF) estimates global fossil fuel subsidies at about US$6 trillion (i.e. 6.8 percent of global GDP), with more than 70 percent reflecting undercharging for the environmental costs pertaining to the fuels, revealed IMF Managing Director Kristalina Georgieva at a recent UN energy summit. The IMF had previously estimated […] Read more
