Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
TotalEnergies Considers The Possibilities Of The 5X Jump In Value Of AGEL Investment Updated On Fri, Sep 30th, 2022 by Saurenergy Patrick Pouyanne, CEO at French energy major TotalEnergies’ SE has indicated that the firm will consider the possibility of selling a small part of its 20% stake in Adani Green Energy Ltd. At current prices, that stake is worth just around $10 billion. In 2021, the French energy company had paid $2 billion for its […] Read more
ICIS Initiates Europe’s First Market-Linked Renewable Hydrogen Assessments Updated On Thu, Sep 29th, 2022 by Saurenergy ICIS, a global source of Independent Commodity Intelligence Services, has announced that it has launched the first hydrogen price assessments to reflect the market value of renewable electricity. ICIS said that this product will support participants with the intelligence needed to develop a liberalised clean hydrogen market and optimise energy transition resources. ICIS said that […] Read more
$320 B Dubai Investment Fund Picks 5 RE Projects In Australia, Europe For Investments Updated On Wed, Sep 28th, 2022 by Saurenergy Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, announced its investment into five projects aimed to developing renewable energy sources in Australia and Europe. The fund has been expanding its investment strategies, to include more environmentally friendly and clean technologies, whose importance will definitely rise in the […] Read more
Saudi Arabia Sets Sights on Building Five Renewable Energy Projects Updated On Mon, Sep 26th, 2022 by Saurenergy The Kingdom of Saudi Arabia is building five new projects for the production of renewable electricity. As per reports, the total capacity of the combined five RE projects will be 3,300 MW. The Saudi Power Procurement Company (SPPC) had announced recently that solar and wind sources will be employed to generate electricity. The company has […] Read more
USA’s CPS Energy Purchases 180 MW Of Solar Power from KARE Updated On Mon, Sep 26th, 2022 by Saurenergy The US-based electric and natural gas utility, CPS Energy, has announced that it has signed an agreement with Kenlov Ashtrom Renewable Energy (KARE) for the purchase of 180 MW of solar energy. KARE is a Texas-based Independent Power Producer focused on the development, construction and long-term management of utility scale solar facilities in the US […] Read more
Amazon Adds 71 New Renewable Project Installations Globally Updated On Sat, Sep 24th, 2022 by Saurenergy E-commerce giant Amazon continues to increase the amount of renewable energy in its portfolio. Its latest addition of 2.7 GW of cumulative capacity across 71 new renewables projects across countries makes it one of the largest corporate buyers of renewable energy. The company’s declaration is a component of its goal to completely run on green […] Read more
Reliance New Energy Picks Up 20% In US Solar Startup Caelux Updated On Fri, Sep 23rd, 2022 by Saurenergy Reliance New Energy Ltd (RNEL), a wholly owned subsidiary of Reliance Industries Ltd that is spearheading its renewable investments, has signed definitive agreements to invest in Caelux Corporation, a company headquartered in Pasadena, California, in the U.S. engaged in the development of perovskite-based solar technology. Caelux’s fundamental premise is cheaper, more efficient silicon solar modules, […] Read more
Whirlpool To Reach 100 Percent Renewable Electricity For US Plant Operations By 2023 Updated On Fri, Sep 23rd, 2022 by Saurenergy Global kitchen and laundry company Whirlpool Corp. has announced that it has entered into a second wind Virtual Power Purchase Agreement (VPPA) with Engie North America to accelerate progress towards its commitment to reach Net Zero emissions in its plants and operations by 2030. Whirlpool said that this agreement with Engie will represent 53 MW […] Read more
