Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
Chinese UPS and Inverter Major KSTAR Opens Vietnam Plant Updated On Tue, May 10th, 2022 by Saurenergy KSTAR, the global power conversion firm, has announced that its first Vietnam manufacturing factory, called KSTAR Vietnam Project Phase I has officially topped out. Occupying an area of 47,715 square meters, KSTAR’s new Manufacturing-Base is located in Haiphong City, the biggest port city in Northern Vietnam. It’s being built to meet the surging demand of its export orders and […] Read more
Now, A Hydrogen Valley In South Africa Pipeline Updated On Tue, May 10th, 2022 by Saurenergy South Africa’s Department of Science and Innovation (DSI) and the South African National Development Institute are creating a Hydrogen Valley in partnership with Anglo American, Bambili Energy and ENGIE. A press statement released by mining major Anglo-American reads, “The proposed hydrogen valley will stretch approximately 835 kilometres from the platinum group metals-rich Bushveld geological […] Read more
GE Renewable buys stake in 3D Printing Firm COBOD International Updated On Sat, May 7th, 2022 by Saurenergy GE Renewable Energy has said that it has done a minority investment in COBOD International, the company providing the 3D printer used at the Bergen research facility and has helped the development of renewable energy in various countries. Officials from both companies said the investment will build on an existing relationship with COBOD International first […] Read more
Developing Economies Such As India Can Have Climate Resilient Energy Independence Updated On Wed, May 4th, 2022 by Saurenergy Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […] Read more
US Federal Government to spend $3 billion to boost electric vehicles and battery production in USA Updated On Wed, May 4th, 2022 by Saurenergy The administration of the US President Joe Biden has announced that a $3.1 billion plan will be formulated to give a fillip to the manufacturing of domestic electric vehicles batteries to expedite the transition of the USA from gas powered vehicles to electric vehicles. The per capita greenhouse gases’ emission in the USA is the […] Read more
Aerones Raises $9 Million to Inspect Wind Turbines With Robots Updated On Tue, May 3rd, 2022 by Saurenergy Robot company Aerones – that manufactures robots to serve wind turbines – has announced an important milestone in its history whereby it has raised $9 million in seed funding to further accelerate global scaling of robotic wind turbine maintenance and inspection. The official statement has informed that the round was led by Future Positive Capital, […] Read more
Ayana, Greenstat to Jointly Develop Green Hydrogen Projects in India Updated On Tue, May 3rd, 2022 by Saurenergy Ayana Renewable Power (Ayana) and Greenstat Hydrogen India have entered into a Joint Development Agreement (JDA) for the development of green hydrogen projects in India. Green Hydrogen is powered by renewable energy in the electrolysis process. Ayana Renewable Power is backed by National Investment and Infrastructure Fund (NIIF) and Greenstat Hydrogen India is a subsidiary […] Read more
Three Norway RE Firms make ‘Hydepoint’ for offshore green hydrogen production Updated On Mon, May 2nd, 2022 by Saurenergy Three major renewable energy players based out of Norway have joined forces to develop a combined offshore wind energy substation and an offshore hydrogen factory in the seas of Norway. Arendals Fossekompani, Kongsberg and Moreld are the collaborating companies who will have equal shares in a new company called ‘Hydepoint.’ The official statement of the three companies reveals […] Read more