High Need for Battery Storage to Set Stage for Distributed Energy Storage Systems Updated On Thu, Dec 22nd, 2022 by Saurenergy According to Fact.MR, the global market for distributed energy storage systems is now valued at US$ 4.2 billion and is anticipated to grow quickly from 2022 to 2032, with a CAGR of 9.6%. The market is expected to expand as a result of rising per capita energy consumption and the move toward renewable sources of […] Read more
A$7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales Updated On Thu, Dec 22nd, 2022 by Saurenergy The provincial government of New South Wales (NSW) has clocked a landmark agreement of A$7.8 billion ($5.2 billion) with the Federal Government to further the renewable energy infrastructure in the province. The deal was announced by Prime Minister Anthony Albanese in the presence of NSW Premier Dominic Perrottet and is aimed at urgently stepping up […] Read more
European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs Updated On Wed, Dec 21st, 2022 by Saurenergy Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus, is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […] Read more
Adani Green’s 100% Operating Capacity is Now Zero-Waste-to-Landfill Certified Updated On Wed, Dec 21st, 2022 by Saurenergy The renewable energy division of the diverse Adani portfolio of companies, Adani Green Energy Ltd (AGEL), has received the Zero Waste to Landfill (ZWL) certification for all of its operational capacity. The certification was provided by Intertek, which looks into assurance, testing, inspection, and certification solutions. Up until FY 22, Intertek conducted a thorough audit […] Read more
Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project Updated On Tue, Dec 20th, 2022 by Saurenergy Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […] Read more
Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio Updated On Tue, Dec 20th, 2022 by Saurenergy Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […] Read more
World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
Delhi’s Greenzo Energy Invests $50 Mn in Green Hydrogen in Gujarat Updated On Mon, Dec 19th, 2022 by Saurenergy Delhi’s Greenzo Energy India plans to invest USD 50 million in the construction of a 250 MW electrolyser manufacturing plant and the Balance of Plant (BoP) for producing green hydrogen at Sanand-II Industrial Estate, a division of Gujarat Industrial Development Corporation (GIDC), in Gujarat. According to corporate insiders, the manufacturing facility will, nevertheless, likely be […] Read more
India’s EV Two-Wheeler Firm Okaya EV Opens First Showroom in Sri Lanka Updated On Mon, Dec 19th, 2022 by Saurenergy Electric scooter maker Okaya EV has forayed into Sri Lanka, the company has announced. It claims to be India’s fastest growing electric two-wheeler brand and it said that its beginning in Sri Lanka shows the continuing with its commitment of delivering a wide range of e-scooters to its customers all across the globe. Okaya EV […] Read more
