ACWA Power to Build 2.6 GW of Solar and Storage Facilities in Uzbekistan Updated On Tue, Mar 7th, 2023 by Saurenergy Saudi Arabia flagship company for renewable energy ACWA Power has announced that it has signed agreements under which it will be developing two solar parks and also storage capacities in Uzbekistan. ACWA Power held that the combined capacity of the solar power projects will be about 1.4 GW. The company will also include battery storage […] Read more
PV Hardware to Build World’s Largest Solar Tracker Factory in Spain Updated On Thu, Feb 16th, 2023 by Saurenergy Global solar tracker maker PV Hardware (PVH), a Grandsolar Group firm, is mulling to build a new solar tracker factory in a Valencia industrial park in Spain that will help the firm to take its global capacity to 25 GW. PV Hardware said that the Spanish facility will occupy a space of 65,000 square meters […] Read more
The Top 5: Game-Changing Renewable Energy Projects In The Middle East Updated On Mon, Jan 30th, 2023 by Saurenergy The energy transition towards renewables has recently seen an increase in Middle Eastern countries, especially in Saudi Arabia, UAE, Egypt, Morocco etc. Once dependent on its plentiful reserves of oil and gas for wealth, the region is finally embracing the zero-carbon emission goals. As per IRENA’s World Energy Transitions Outlook (WETO), the region could obtain […] Read more
Pune’s Quench Chargers Set to Power American EV Industry with New Manufacturing Facility Updated On Wed, Jan 18th, 2023 by Saurenergy Quench Chargers, a firm that produces EV chargers, has announced the appointment of Bjoern Stoll, President & CEO at Digatron Power Electronics, Inc America as Head of Quench (Americas). The firm’s ultra-fast chargers which were designed in India and are manufactured at its plant in Pune will now also be manufactured at the group’s American […] Read more
ACWA Seals $2.4 Billion Wind Energy PPA With Uzbekistan Updated On Mon, Dec 26th, 2022 by Saurenergy Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the deal was inked on 23 December, 2022. According to the […] Read more
Financial Agreements Signed to Fund World’s Largest Green Hydrogen Project in Neom Updated On Tue, Dec 20th, 2022 by Saurenergy Neom Green Hydrogen Company (NGHC) has signed multiple financial facility agreements with local, regional and international banks and financial institutions to support the construction of the world’s largest green hydrogen production plant in Neom, the sustainable city project in Saudi Arabia. The quantum of funds committed by the lenders with Saudi Industrial Development Fund (SIDF) […] Read more
Solar Manufacturing Seeks A China Fix As Regions Push For Energy Security Updated On Mon, Dec 12th, 2022 by Saurenergy Solar manufacturing, until now synonymous with giant factories in China is now finding its roots in several new hotspots worldwide. Initiatives to boost solar manufacturing are being taken worldwide as the world has accelerated the efforts to shift to renewables in a bid to move toward a sustainable future. Notably, over the last decade, the […] Read more
Germany To Build First Green Ammonia Import Terminal in Hamburg Updated On Mon, Nov 21st, 2022 by Saurenergy Germany’s Germany Trade & Invest (GTAI) has has decided upon the northern city of Hamburg for the country’s groundbreaking new green ammonia landing site. The operational start is planned for 2026. The facility will be a milestone for Germany’s efforts to decarbonize industry by the employment of hydrogen. German Minister for Economic Affairs and Climate […] Read more
The 5 Key Takeaways From CoP27 Updated On Mon, Nov 21st, 2022 by Saurenergy Time is ticking and catastrophic natural events are on the verge of becoming a new normal for human existence. The uncertain times of economic and regional instabilities are marred by dreadful climate events across the globe – from floods in Pakistan to raging forest fires in Australia. The signs are clear for the policymakers and […] Read more
