As Europe Changes Solar Manufacturing, Overcapacity Risks Loom Updated On Fri, Apr 1st, 2022 by Saurenergy The European Solar Manufacturing Council (ESMC) has welcomed the forthcoming EU strategy for solar energy as the framework for building long-term competitiveness and critical mass of PV manufacturing capacities in Europe. This is crucial for reducing strategic dependencies, ensuring energy security and boosting the economic growth of the EU, states the council. As the European-wide […] Read more
Neoen sees bigger appetite for RE as Europe shuns Russian power Updated On Wed, Mar 16th, 2022 by Saurenergy French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […] Read more
European Union Added Less Than 50% Wind Energy Targets in 2021: WindEurope Report Updated On Fri, Mar 11th, 2022 by Saurenergy A new report published by WindEurope has revealed that the European Union has not been able to install the targeted wind energy capacity in 2021. According to the report, the European Union – which is a union of 27 countries – had installed a mere 11 GW which is even less than half of what […] Read more
European Commission Announces €300mn Plan for Development of Hydrogen Economy Updated On Fri, Mar 11th, 2022 by Saurenergy Clean Hydrogen Partnership (CHP) – a brain child of the European Commission – has called for proposals on 41 different research topics with an outlay of €300 million for a comprehensive development of the hydrogen economy. The initial plan is to fund research that will enable hydrogen production and storage. Clean Hydrogen Partnership is a […] Read more
European Commission President Bats for Hydrogen and Renewables to Russian Overhang Updated On Mon, Mar 7th, 2022 by Saurenergy European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […] Read more
Hyundai, Kia to Use Wind Farms to Power EV Charging Network in Europe Updated On Fri, Feb 25th, 2022 by Saurenergy South Korean automakers and global brands Hyundai and Kia are making new investments to enable their customers to charge their electric vehicles with clean energy. This energy will be procured from various wind farms being installed across Europe. Hyundai has announced that its ‘Charge myHyundai’ network will be integrated with green energy so that the […] Read more
Saudi Arabia’s Bin Omairah to Up Solar Panel Exports to Europe, Africa Updated On Fri, Feb 18th, 2022 by Saurenergy Saudi Arabia’s Bin Omairah Holding has planned to increase the export of its solar panels to capitalise on the expanding markets of Europe and Africa. The exports will be done from the company’s factory operational in the Tabuk region. It has also been learnt that the company has plans to open another plant for solar panels […] Read more
China, Europe Lead record global EV sales in 2021 Updated On Wed, Feb 16th, 2022 by Saurenergy A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […] Read more
Corporate PPA market overtakes utility PPA’s in Europe in 2021, changes foreseen Updated On Mon, Feb 14th, 2022 by Saurenergy Corporate contracted capacity in Europe hit 6.5GW in 2021, versus 4.6GW for utility PPAs, making it the first time corporate PPA’s overtook utility PPA’s in Europe. This is disclosed in a report by renewable advisory firm, Pexapark, in its report titled European PPA Market Outlook 2022. The resurgence of corporate PPA’s, at a time when […] Read more
