$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg Updated On Thu, Feb 24th, 2022 by Saurenergy The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […] Read more
Smarten Plans to Launch a Range of EV Chargers, Li-ion Batteries Updated On Tue, Feb 22nd, 2022 by Saurenergy Indian power backup manufacturer Smarten aims to disrupt the energy storage market with 100% localized products for B2B and B2C segments, the company has said. The brand plans to launch a range of innovative products, such as EV chargers, Lithium-ion batteries, etc., in the market this year, it stated. The company has a manufacturing facility […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
With Successful Shanghai Listing of Subsidiary, Jinko Solar Well Placed for Future Growth Updated On Thu, Jan 27th, 2022 by Saurenergy China’s Jinko Solar, one of the largest module manufacturers worldwide, has successfully listed its subsidiary firm, Jianxi Jinko on Shanghai’s Sci Tech Innovation Board (STAR market). The subsidiary, Jianxi Jinko, in fact saw its stock price more than double on day 1 of trading. It had issued 2 billion shares at RMB 5.00, or $0.79, […] Read more
South Korea, Saudi Arabia Agree to Jointly Develop Hydrogen Economy Updated On Thu, Jan 20th, 2022 by Saurenergy South Korean President Moon Jae-in held talks with Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman on Tuesday and agreed to work together in areas related to the hydrogen economy. After holding the talks at the Al-Yamamah palace in Riyadh, the two nations signed preliminary deals to jointly develop green hydrogen, which is […] Read more
Abu Dhabi’s Masdar Signs Green H2 Deals with Engie, TotalEnergies Updated On Thu, Jan 20th, 2022 by Saurenergy Abu Dhabi renewable energy group Masdar has signed a deal to develop a green hydrogen production plant in the United Arab Emirates with France’s Engie and Fertiglobe, the company said on Wednesday. In a separate statement, it said it had also agreed with TotalEnergies and Siemens to co-develop a project for sustainable aviation fuel using […] Read more
Hero Electric to Offer New Loan Schemes to e-2w Buyers Updated On Fri, Jan 14th, 2022 by Saurenergy Hero Electric on Thursday said it has tied up with Shriram City Union Finance to facilitate loan schemes for its electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions, Hero Electric said in a statement. The partnership will enable customers to avail a fully […] Read more
New Israeli JV to Develop Drone For Solar Panels Cleaning Updated On Tue, Dec 7th, 2021 by Saurenergy Airobotics, an Israeli manufacturer of autonomous unmanned aircraft (drones) and aerial data platforms, and Solar Drone, an Israeli company specializing in solar farms services, have signed a binding agreement under which Airobotics will develop and supply to Solar Drone a unique solar panel cleaning drone system. The fully automated system will include a drone docking […] Read more
French Firm Newheat Raises €7 M for Renewable Heat Development Updated On Fri, Dec 3rd, 2021 by Saurenergy French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […] Read more
