World Energy Council Elects New Chairperson, Other Officers Updated On Fri, Oct 14th, 2022 by Saurenergy The World Energy Council has announced that the body has elected Dr. Michael Howard as the new Chair of its Officers’ Council (Board of Directors) and the new Chairperson is succeeding Jean-Marie Dauger whose term concluded after serving in the role since September 2019. The World Energy Council as a global forum actively contributes the […] Read more
European Investment Bank to Support EU Communities with US$10 Billion Updated On Tue, Sep 13th, 2022 by Saurenergy The European Commission (EC) and the European Investment Bank (EIB) have decided to contribute €10 billion (US$10.1 billion) in support of areas most impacted by the transition away from fossil fuels as the continent struggles with how to decarbonize without leaving communities behind amid a severe energy crisis. The Public Sector Loan Facility, the third […] Read more
Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects Updated On Fri, Sep 9th, 2022 by Saurenergy Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […] Read more
Iberdrola Secures €550 Million Loan For Renewable Projects In Spain Updated On Tue, Jul 26th, 2022 by Saurenergy Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […] Read more
Bhutan Mulling 300 MW Solar Power Addition Updated On Fri, Jun 17th, 2022 by Saurenergy The Himalayan country of Bhutan is looking bullish for solar power as it plans to diversify its energy mix. Reports cited the Economic Affairs Minister of Bhutan, Lokhnath Sharma saying that Bhutan will add 300 MW of solar power in the coming years. Bhutan currently has a mere 9 MW of renewable energy other than […] Read more
European JV to Make Offshore Wind Floater for 15MW Turbines Updated On Thu, Feb 10th, 2022 by Saurenergy French engineering and technology company Technip Energies has acquired a 16.3% stake in Spanish renewable energy startup X1 Wind, which claims to have designed an innovative and disruptive offshore wind turbine floater with major environmental and operational benefits. The two companies will collaborate on the development of the first commercial-scale demonstrator, as well as the related industrialization and […] Read more
Senior Reliability Engineer Updated On Mon, Dec 20th, 2021 by Saurenergy Assess the reliability availability and maintainability of products and systems through engineering and statistical analyses. Would be required to work independently on Reliability aspect of New product development and on regular operations project. Responsibilities:- ESSENTIAL:- Study product designs and system schematics (drawings, CAD models, technical documents) and interface with cross functional teams to understand their […] Read more
Reliance Adds NexWafe In Strategic Bets with EUR 25 million Investment Updated On Wed, Oct 13th, 2021 by Saurenergy Reliance Solar Energy Limited (RSEL), the subsidiary fronting renewable energy investments from Reliance Industries, has entered into an agreement with Germany-based NexWafe GmbH (NexWafe) for acquiring 86,887 series C preferred shares of face value of EUR 1 each. RSEL will also be issued 36,201 warrants which are exercisable for a consideration of EUR 1 per […] Read more
Fraunhofer ISE, M10 Industries Launch New Matrix Shingle Tech Updated On Wed, Oct 6th, 2021 by Saurenergy M10 Industries and the Fraunhofer Institute for Solar Energy Systems ISE, Germany, have developed a matrix shingle concept for connecting silicon solar cells and a new stringer for manufacturing novel matrix shingle modules. The stringer, which arranges the shingle solar cells offset from each other similar to bricks in a masonry wall, was built within […] Read more