Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report Updated On Wed, Nov 16th, 2022 by Saurenergy Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […] Read more
Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy Updated On Fri, Nov 11th, 2022 by Saurenergy Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […] Read more
The Top 5: Expectations From COP 27 Updated On Fri, Nov 11th, 2022 by Saurenergy On Nov 7, at the ongoing World Leaders’ Summit at COP27, UN Secretary-General Antonio Guterres unveiled the “Early Warnings for All” Action Plan, in a bid to ensure early warning systems to the communities – least developed countries and small island developing states – still not covered with early warning systems. The plan calls for […] Read more
EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen Updated On Wed, Nov 9th, 2022 by Saurenergy On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […] Read more
Indo-Russia Talks Open Doors to Energy Cooperation, Hydrocarbon Production Updated On Wed, Nov 9th, 2022 by Saurenergy India’s Minister of External Affairs S. Jaishankar held talks with Russian counterpart Sergey Lavrov in Moscow about cooperation in several areas, including energy. In furtherance of the discussions held. India and Russia will explore energy-related projects in the Arctic shelf and the Russian Far East. “We are seeing growing concerns on energy and food security […] Read more
UK’s PM Sunak Will Announce Accelerated Renewables Plan at COP27 Updated On Mon, Nov 7th, 2022 by Saurenergy Rishi Sunak, Britain’s Prime Minister, will pledge to hasten the UK’s switch to renewable energy when he speaks before the U.N. climate change summit at COP27. On November 2, UK’s PM Sunak decided at the last minute to attend the climate talks, reversing a decision to forego the yearly event that had been roundly criticised […] Read more
IEA Report: World Energy Outlook 2022 Updated On Fri, Oct 28th, 2022 by Saurenergy A study titled “World Energy Outlook 2022” has been released by the IEA (International Energy Agency). The World Energy Outlook 2022 (WEO) offers essential analyses and insights on the ramifications of this significant and ongoing shock to energy systems around the world at a time when the world is experiencing the first ever global energy […] Read more
European Commission to Allocate €3 Billion for Green Hydrogen Updated On Thu, Oct 27th, 2022 by Saurenergy Europe is ‘practically’ on its way to becoming the largest hydrogen player in the world as the European Commission plans to inject a massive investment in the hydrogen sector. Frans Timmermans, the European Commission Executive Vice President, has announced that €3 billion funds would be allocated from the next Innovation Fund large-scale call to support […] Read more
New South Wales Govt’s First Auction Underway for 12 GW RE Zones Updated On Wed, Oct 12th, 2022 by Saurenergy The State Government of New South Wales, Australia, has officially kicked off the country’s biggest renewable energy and storage policy, the NSW Electricity Infrastructure Roadmap that paves way for a cheaper, cleaner and more reliable energy future for the state. The state government held that the auctions will take place every six months. Minister for […] Read more
