Canada’s Electrovaya to Build Lithium-Ion Gigafactory in New York State Updated On Thu, Oct 6th, 2022 by Saurenergy Global lithium-ion battery technology and manufacturing firm Electrovaya has announced that its first US-based gigafactory will come up in New York State for the production of cells and batteries. Electrovaya said that it will set up operations at a 137,000 square foot plant on a 52-acre campus near Jamestown, New York. Electrovaya informed that the […] Read more
UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany Updated On Thu, Oct 6th, 2022 by Saurenergy European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […] Read more
European Union to Invest $5.2 Billion More for Green Hydrogen Projects Updated On Tue, Oct 4th, 2022 by Saurenergy To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […] Read more
Chemours to Invest $200 Million in Hydrogen Tech Solutions Updated On Tue, Oct 4th, 2022 by Saurenergy Delaware-headquartered Chemours Company has announced that it has planned a $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials to support the Hydrogen Economy. Chemours is a global chemistry company with considerable market positions in titanium technologies, thermal and specialized solutions and advanced performance materials. The tackling of […] Read more
Inverter Major Solis Builds On Strong India Performance With REI Presence Updated On Mon, Oct 3rd, 2022 by Saurenergy The Renewable Energy India Expo 2022 (REI 2022) concluded its three-day run in Greater Noida, Uttar Pradesh from September 28 to 30, 2022. For solar Inverter major Solis, which has had a very strong performance in the past few years in the Indian market, it was an opportunity to highlight its technical strength by showcasing […] Read more
Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge Updated On Mon, Oct 3rd, 2022 by Saurenergy One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […] Read more
Italy Allocates 413 MW Of Renewable Energy Projects In 9th Auction Updated On Fri, Sep 30th, 2022 by Saurenergy In a fresh development, the energy agency of Italy, Gestore dei Servizi Energetici (GSE), has announced the results of the 9th renewable energy auctions of the country. The agency allocated over 413 MW of capacity for renewable energy projects of over 1 MW in size. Out of the total RE allocation, the agency awarded over […] Read more
Shining Bright. India’s Solar Start Ups Updated On Fri, Sep 30th, 2022 by Saurenergy When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term perspective […] Read more
Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
