IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
Repsol To Invest €500 Million For 1.7 GW Renewables In Italy Updated On Wed, May 17th, 2023 by Saurenergy Repsol will develop renewable projects in Italy totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company’s portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage […] Read more
True Green Capital (TGC) Takes Majority Stake In CleanChoice Energy Updated On Sun, Apr 30th, 2023 by Saurenergy Connecticut based renewables investment firm True Green Capital Management has announced that it has acquired majority stake in Washington based cleantech company CleanChoice Energy. CleanChoice claims to empower people and businesses to access climate solutions. TGC will be offering dedicated capital to fund CleanChoice’s solar development pipeline. The acquisition will fuel the growth of CleanChoice […] Read more
Research Institute ORERI To Be Established In Odisha For Renewable Energy Updated On Sun, Apr 23rd, 2023 by Saurenergy The state of Odisha will soon be witnessing the coming up of ‘The Odisha Renewable Energy Research Institute (ORERI)’ for the purpose of stepping up research and development work regarding technology for the renewable energy sources. ORERI will be set up in Sonepur district to make Odisha a leader in the field of renewables. ORERI […] Read more
UK Offers £30 Million For Capture & Storage Of More Renewable Energy Updated On Wed, Apr 12th, 2023 by Saurenergy Renewable businesses, in locations including Scotland and Nottingham, are set to benefit from a £30 million support that has come from the UK government in terms of designing and testing innovative technology of the future that will modernise energy system and storage for renewable energy for later use. UK Government has said that capturing and […] Read more
US State Of Maryland Quadruples Offshore Wind Target To 8.5 GW, Set To Pass Law Updated On Mon, Apr 3rd, 2023 by Saurenergy The state of Maryland in the US has set a new target of offshore wind energy in a quest to achieve the national goal of zero carbon emission and combat climate change. Maryland governor Wes Moore said during the International Partnering Forum, 2023, in Baltimore that the state has now more than quadrupled the previous […] Read more
UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform Updated On Fri, Mar 31st, 2023 by Saurenergy UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […] Read more
Electriq Power Secures $300 Million for Solar+Storage Financing Updated On Fri, Mar 17th, 2023 by Saurenergy Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […] Read more
Japan’s Daiwa Acquires Minority Stake in 1.2 GW Hornsea One Offshore Windfarm Updated On Wed, Mar 15th, 2023 by Saurenergy Japan’s Daiwa Energy & Infrastructure has announced that it has acquired a minority stake in Hornsea One offshore wind project. Daiwa said in its official statement that the acquisition is constructed on its partnership with Equitix, which has been cultivated since its first co-investment in Electricity North West Limited in 2019. Daiwa Energy & Infrastructure […] Read more
