European Commission Signs Solar Charter To Boost Manufacturing Resilience Updated On Tue, Apr 16th, 2024 by Saurenergy The European Commission has signed the European Solar Charter to support Europe’s solar manufacturing base. In the charter, the signatories commit to the support of Europe’s solar manufacturing base. The charter was signed in Brussels and was drafted by the European Commission. Last year, 56 GW of solar PV were installed in the European Union […] Read more
Finnish New WaveRoller Technology Contributes To EU RE Capacity Updated On Fri, Feb 2nd, 2024 by Saurenergy Finnish enterprise AW-Energy has recently successfully developed a wave farm project that converts ocean wave energy to electricity through WaveRoller technology. The machine operates in near-shore areas (approximately 0.3-2 km from the shore) at depths of between 8 and 20 meters. The commission mentions about the waveroller technology, “Depending on tidal conditions, it’s mostly or […] Read more
Meeting EU Environment Policy Targets By 2030 Will Be Challenging: EAP Updated On Thu, Dec 28th, 2023 by Saurenergy The European Union (EU) in its 8th Environment Action Programme (EAP) builds on the ‘European Green Deal’ and sets the framework for EU environmental policy until 2030. The European Environment Agency’s (EEA) its first monitoring report on the programme shows that the EU may not meet most of the monitoring targets. These targets were outlined in […] Read more
9 European Countries Collaborate on European Solar Telescope Updated On Wed, Jul 26th, 2023 by Saurenergy As many as nine European countries, including the UK, are working together to construct the European Solar Telescope (EST). The EST will be the biggest of its kind solar telescope ever constructed in Europe. It is intended to provide insights into the phenomena of space weather. Several UK universities are leading a consortium to develop […] Read more
EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit Updated On Tue, Jun 27th, 2023 by Saurenergy Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […] Read more
Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval Updated On Fri, Jun 23rd, 2023 by Saurenergy The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […] Read more
PASH Global, ERIH Holdings Form JV For 5-GW Green Hydrogen In Europe Updated On Wed, Apr 26th, 2023 by Saurenergy International developer of clean power projects PASH Global has announced that it has collaborated with ERIH Holdings for the creation of a 50-50 joint venture (JV) to develop and invest in green hydrogen and ammonia projects totalling 5 GW of electrolyser capacity. The project will be powered by 10 GW of renewable energy generation capacity […] Read more
Will Europe’s Mega Solar Manufacturing Plans Deliver On Promise? Updated On Tue, Apr 4th, 2023 by Saurenergy In a recent move that is helping Europe’s solar manufacturing industry gather momentum in an unprecedented way, the European Commission has announced state finance for clean tech manufacturing. This is to be achieved by way of the Green Deal Industrial Plan (GDIP) for European Union. The GDIP will speed up projects by easing up the […] Read more
