FIMER Provides String Inverters to Partners Main Solution & Evolvere for Installation Updated On Fri, Nov 18th, 2022 by Saurenergy Through its partners, Main Solution and Evolvere, the Italian provider of renewable energy and electric mobility solutions, FIMER, has provided 9 PVS-100 three-phase string inverters for installation in Italy. 9 FIMER PVS-100 inverters have been installed at Vegitalia S.p.A., a business that has been active in the food industry since 2004, in San Marco Argentano […] Read more
Coal Firm Anglo American Secures 100% Renewable Electricity for Australian Ops Updated On Thu, Nov 17th, 2022 by Saurenergy Mining conglomerate Anglo American has said that it has sourced the supply of 100% renewable electricity for its operations in Australia from 2025, agreeing terms for a 10-year partnership with Stanwell Corporation, the Queensland Government-owned provider of electricity and energy solutions. Anglo American said that the deal will effectively remove all Scope 2 emissions from […] Read more
EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider Updated On Thu, Nov 17th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […] Read more
AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara Updated On Thu, Nov 17th, 2022 by Saurenergy African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […] Read more
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
Indonesia Inks JETP Deal for $20 Billion Investment in Renewables at G-20 Updated On Thu, Nov 17th, 2022 by Saurenergy At the mega meet of the G-20 countries in Bali, host Indonesia has inked deals with major countries and international institutions to attract some $20 billion to help the Southeast Asian country increase the use of renewable energy and reduce reliance on coal. The agreement is called ‘Just Energy Transition Partnership,’ or JETP that will […] Read more
ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant Updated On Wed, Nov 16th, 2022 by Saurenergy Renewable energy conglomerate, ReNew Power and the Egyptian government have signed a framework agreement for the construction of an $8 billion green hydrogen plant in the Suez Canal Economic Zone. The green hydrogen production capacity of the plant is anticipated to be 220,000 tonnes per year. Following the Memorandum of Understanding (MoU) signed in July […] Read more
EY Index Says Volatile Conditions Accelerate Global Renewables Market Updated On Wed, Nov 16th, 2022 by Saurenergy EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […] Read more
Pilot Company, Volvo Partner to Set up Charging Network for Electric Trucks Updated On Wed, Nov 16th, 2022 by Saurenergy America is on a drive to decarbonise its transport sector. In a key development, Pilot Company or ‘Pilot Travel Centers’ and Volvo Group have signed a Letter of Intent to develop a high-performance charging network open to all battery-electric Class 8 truck brands to support fleet customers in their electrification and decarbonization journeys. The official […] Read more
