Enfinity Global Raises $242 Million Funding For Solar Plants Updated On Tue, Aug 9th, 2022 by Saurenergy Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […] Read more
Reliance’s Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders Updated On Mon, Aug 8th, 2022 by Saurenergy Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the group’s green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into it’s new energy initiatives in 2021, has made significant progress […] Read more
ReNew Bags 50 MW Hybrid Deal In Corporate PPA With DCM Shriram Updated On Fri, Aug 5th, 2022 by Saurenergy DCM Shriram Ltd. (DCM Shriram), a leading business conglomerate with a group turnover of Rs 9,849 crore, and ReNew Power, have announced the signing of two Captive Power Agreements (CPAs) that will see 50 MW of renewable energy supplied from ReNew’s two upcoming projects in Bhavnagar, Gujarat, to DCM Shriram’s Chlor-Alkali manufacturing facility in Bharuch […] Read more
Neoen Signs PPA With Flow Power For Wind Farm In Australia Updated On Thu, Aug 4th, 2022 by Saurenergy World’s major renewable energy player Neoen has announced that it has signed a power purchase agreement (PPA) with electricity retailer Flow Power for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia. Neoen held that Goyder South Stage 1 is the first stage of Neoen’s flagship project known as […] Read more
USA Expands RE Share Rapidly, Several Reports Mutually Agree Updated On Fri, Jul 29th, 2022 by Saurenergy According to an analysis by the SUN DAY Campaign, three new reports released this week by the Energy Information Administration (EIA) of the United States of America all point to the same conclusion that renewable energy sources, led by solar and wind, continue to rapidly expand their share of the nation’s energy production and electricity […] Read more
TotalEnergies Reveals Q2 Results; Company Records Jump In Profits Updated On Fri, Jul 29th, 2022 by Saurenergy Global renewable energy player, TotalEnergies has announced its financial results of the second quarter of 2022. It has said that the EBITDA from the renewables and electricity business of the company has grown to $462 million in the second quarter. TotalEnergies says that this is 49 per cent more as compared to the corresponding quarter […] Read more
Pakistan To Build 300 MW Solar Power Plant In Gwadar Instead Of Coal Based Plant Updated On Thu, Jul 28th, 2022 by Saurenergy The economic downturn and balance of payment crisis can have a noble effect. In Pakistan, the Power Division now wants to abandon the planned 300 MW coal power plant at port city of Gwadar and instead build a solar power plant of the same capacity in order to relieve itself from importing more coal. […] Read more
Unigel Builds First Industrial-Scale Green Hydrogen Plant in Brazil Updated On Wed, Jul 27th, 2022 by Saurenergy Chemical conglomerate and multinational Unigel has announced that it has installed the first industrial scale green hydrogen plant in Brazil. Unigel has invested a total of $120 million in the development of the production site for green hydrogen that relies on the Thyssenkrupp Nucera technology which it calls to be world-leading. Unigel will start production […] Read more
The Global Battle for Solid-State Battery Leadership Updated On Fri, Jul 22nd, 2022 by Saurenergy With the advent of electric vehicles (EVs), lithium-ion batteries demand grew exponentially and is still growing. In fact, the global lithium-ion battery market size may grow from USD 57 billion in 2020 to USD 200 billion by 2027 at an average CAGR of 20 per cent during the same period. The growth of the market […] Read more