EU Finally Withdraws From ‘Dated’ Energy Charter Updated On Thu, Apr 25th, 2024 by Saurenergy The European Parliament recently gave its approval to withdraw from European Union (EU) Energy Charter Treaty. This withdrawal was made after receiving recommendation of the Industry, Research, Energy and International Trade committees. This withdrawal was adopted by 594 votes to 7, with 15 abstentions. To complete the process, the parliament gave its consent to the […] Read more
EV Asset Firm Chargeup To Onboard 25,000 Drivers By 2025 Updated On Wed, Apr 24th, 2024 by Saurenergy Battery financing and full stack EV asset management platform Chargeup has announced its plans to onboard 1 lakh drivers within the next 3 years and extend its reach to 1 million drivers across 30 cities within 5 years. Currently present in 13 cities, Chargeup is set to bolster its network by adding 1500 new partner […] Read more
Green Volt Receives Order For Floating Wind Project in Europe Updated On Tue, Apr 23rd, 2024 by Saurenergy Offshore wind developers’ flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, announced that their floating offshore wind project, Green Volt, was granted offshore planning approval. With onshore consent announced earlier this month, Green Volt has received all its planning approvals and remains on track to be the first commercial-scale offshore windfarm in Europe. […] Read more
Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe Updated On Fri, Apr 19th, 2024 by Saurenergy Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […] Read more
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
Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe Updated On Mon, Apr 15th, 2024 by Saurenergy European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […] Read more
Lack Of Incentives Keep EVs Unaffordable In Europe, Says ACEA Updated On Mon, Apr 15th, 2024 by Saurenergy The latest data from the European Automobile Manufacturers Association (ACEA) shared that affordability concerns are the major cause that hampers market uptake for electric vehicles (EVs). Despite European Union (EU) legislative efforts to reduce CO2 emissions from vehicles, a lack of initiatives at both EU and national levels prevents acceleration in market uptake of electric […] Read more
EU Probes Foreign Subsidies For Chinese Wind Turbines Updated On Wed, Apr 10th, 2024 by Saurenergy After the US, now European Union (EU) Commission recently announced the launch of an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. They offered cheap turbines and generous finance which distorts the integrity of […] Read more
US-Based Avangrid & Europe’s Statkraft Ink Wind Power Deal Updated On Tue, Apr 9th, 2024 by Saurenergy Avangrid, a sustainable energy company and member of the Iberdrola Group, and Statkraft, a Europe-based renewable energy firm, have announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States. According to a media statement from Avangrid, Statkraft will receive Renewable Energy Certificates (RECs) […] Read more
