IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition Updated On Fri, Jun 24th, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENA’s Director-General Francesco La Camera and the […] Read more
Finland Plans For A National Hydrogen Network Updated On Fri, Jun 24th, 2022 by Saurenergy The race to carbon neutrality continues apace, at least in some parts of Europe. While the accelerating solar and wind energy expansion is partly due tothe Russian-Ukraine conflict that has pushed Europe to reduce and possibly end its dependence on the fossil fuel supplies from Russia. In a key development, the Finland Government has held […] Read more
Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
World’s First Open CO2 Transportation Using ABB Technology Updated On Fri, Jun 24th, 2022 by Saurenergy For the primary electrical, automation, and safety systems for Norway’s Northern Lights project, engineering, procurement, and construction (EPC) company Aker Solutions has hired ABB Technology . Northern Lights is a first-of-its-kind project from enterprises across Europe to safely store CO2 (CO2 Transportation). In this project, Northern Lights is creating an open and adaptable infrastructure to […] Read more
Shell Collaborates With BASF For Green Hydrogen Purification Updated On Fri, Jun 24th, 2022 by Saurenergy Germany’s largest chemical company, BASF (Baden Aniline and Soda Factory) has announced that it has forged a partnership with Shell to evaluate and de-risk BASF’s Puristar R0-20 and Sorbead Adsorption Technology for use in green hydrogen production. The official statement by BASF holds that the two technologies will serve the purpose of purifying and dehydrating […] Read more
SUN Mobility & Amazon Launch Battery Swapping Network in Maharashtra Updated On Thu, Jun 23rd, 2022 by Saurenergy Bengaluru-based Energy infrastructure and services provider, SUN Mobility has announced the launch of its battery-swapping network for electric vehicles in Mumbai, Maharashtra. The company is installing these battery swapping stations in collaboration with Amazon India. With the first set of stations placed at Amazon’s sites in Mumbai and Pune, SUN Mobility plans to deploy over […] Read more
Reliance On The Lookout For New Technologies To Make Low-Cost Green Hydrogen A Reality Updated On Thu, Jun 23rd, 2022 by Saurenergy Even as India’s leading firm Reliance Industries Ltd, led by Indian billionaire Mukesh Ambani, seeks newer technologies to make electrolyzers in its efforts to produce low-cost green hydrogen in the country, multiple firms have started launching newer versions of their efforts to drop costs. Thus, while Reliance awaits the production-linked incentives the government may offer […] Read more
India Needs $223 Billion To Meet 500 GW RE Target By 2030 Updated On Thu, Jun 23rd, 2022 by Saurenergy As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […] Read more
ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA Updated On Thu, Jun 23rd, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […] Read more
