IEEFA: Widespread adoption of carbon capture, utilization and storage technologies in South East Asia remains highly unlikely Updated On Thu, Apr 28th, 2022 by Saurenergy Carbon, capture, utilization and storage (CCUS) is increasingly attracting attention in South East Asia. However, in the absence of the right drivers, its prospect in the region remains questionable, according to IEEFA’s latest report on CCUS in South East Asia. “CCUS can be viable when placed under a certain operational context, such as a high […] Read more
Saudi Arabia will Purchase Up to 100,000 Electric Vehicles from Lucid Group Updated On Thu, Apr 28th, 2022 by Saurenergy America’s electric vehicle manufacturer Lucid Group has announced that it has signed an agreement with the Government of Saudi Arabia, under which the Government will purchase up to 100,000 vehicles over a ten-year period. Saudi Arabia has made an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 […] Read more
Nordex Group receives 1.2 GW turbine orders Q1 2022 Updated On Fri, Apr 22nd, 2022 by Saurenergy Germany-based manufacturer of onshore wind turbines Nordex Group recorded an order intake of 229 turbines with a total capacity of 1,165 MW in the first quarter of 2022 (Q1/2021: 1,247 MW). The share of the efficient and high-margin Delta4000 series amounted to 91 percent (Q1/2021: 73 percent). The Nordex Group received orders from ten European […] Read more
Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation Updated On Fri, Apr 22nd, 2022 by Saurenergy According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […] Read more
America’s Renewable Energy Project Completions Stumble Updated On Fri, Apr 22nd, 2022 by Saurenergy The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […] Read more
Green H2 firm Ohmium closes $45 M Series B financing Updated On Mon, Apr 18th, 2022 by Saurenergy US green hydrogen company Ohmium International recently announced it has closed $45 million Series B financing in a round led by existing investor Fenice Investment Group with participation from current major investors and new investor Energy Transition Ventures. The funds will support Ohmium’s rapid growth plan to quadruple hydrogen manufacturing capacity from 500 MW annually […] Read more
Tesla, Block and Blockstream to mine bitcoin off solar power in Texas Updated On Mon, Apr 11th, 2022 by Saurenergy Electric-vehicle maker Tesla Inc, payments firm Block Inc and blockchain company Blockstream Corp will collaborate to mine bitcoin using solar power in Texas, Blockstream CEO Adam Back said on Friday. Blockstream and Block, which was previously known as Square, had revealed in June that they were collaborating to build an open-source and solar-powered bitcoin mining […] Read more
Top 5 US solar parks Updated On Fri, Apr 8th, 2022 by Saurenergy Solar power is more affordable, accessible and widely used in the United States today than it was ever before. The progress and potential of solar power development in the country is staggering. Solar power capacity of the US has grown from approximately 0.34 GW in 2008 to approximately 97.2 GW in 2021. Markets for solar […] Read more
The Top 5: Biggest Exporters of Electricity in the World Updated On Wed, Apr 6th, 2022 by Saurenergy In the aftermath of the Russian invasion of Ukraine, the western world reacted with a slew of sanctions on Russia. As it turns out, the sanctions topped short of a complete ban on Russian energy – oil, gas, and coal imports. Even as the UK decided to phase out Russian oil by the end of […] Read more
