Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
JUMIA Partners with BILITI Electric to Include E-Vans in Delivery Fleet Updated On Sat, Oct 1st, 2022 by Saurenergy Nigeria based e-commerce company, JUMIA has announced a partnership with California-based EV solutions provider BILITI Electric, to add e-vans to its delivery fleet in Kenya. Through this collaboration, both companies have completed the pilot project, and are set to scale the fleet within Kenya in the first phase, and eventually across Africa. According to both […] 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
Now Germany Adopts New Model For its Renewable Energy Tenders Updated On Fri, Sep 30th, 2022 by Saurenergy Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches. […] 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
Vattenfall To Develop 1-GW Offshore Wind Farm in Germany Updated On Fri, Sep 30th, 2022 by Saurenergy Vattenfall has announced that it has informed the German Authorities that it has exercised its ‘Right of Entry’ in the N-7.2 Wind Power Project. The right to entry is a part of the tender process for the construction of a large wind farm off the German island of Borkum in the German North Sea coast. […] Read more
Updated ALMM Manufacturer List For September Updated On Fri, Sep 30th, 2022 by Saurenergy The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the Ministry of New And Renewable Energy (MNRE) once again after last month’s (August 2022) list. This latest update lists (September 2022) 75 companies in total, including 8 new module manufacturers with a cumulative capacity of 1,411 MW. Overall […] Read more
Vedanta Ups RE Requirement To 1 GW For Its Operations Updated On Fri, Sep 30th, 2022 by Saurenergy Mumbai-based mining and metallurgy giant Vedanta Group has announced that it has targeted sourcing of clean and green energy upto 1 GW to fulfil the power needs of various operations. Vedanta has said that it also seeks bids from players for the supply of additional 500 MW of renewable energy. Vedanta aims at employing 2.5 […] Read more
ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments Updated On Thu, Sep 29th, 2022 by Saurenergy ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […] Read more
