Poland Battery Firms Form JV To Setup EV Battery Recycling Facility Updated On Wed, Apr 10th, 2024 by Saurenergy Elemental Strategic Metals of Zawiercie, Poland, and Ascend Elements of Westborough, Mass., have announced the formation of AE Elemental, a joint venture based in Zawiercie, Poland. Together, the companies will jointly own (50/50) and operate a newly constructed, best-in-class electric vehicle (EV) battery recycling facility in Zawiercie, Poland. According to the Ascend Elements statement, the […] Read more
RWE Inks Deal With US Firm For Solar, Wind & Storage Projects Updated On Wed, Apr 10th, 2024 by Saurenergy RWE Clean Energy has established relationship with renewables developer WhiteRock Renewables to accelerate the expansion of RWE’s onshore wind, solar, and energy storage development pipeline in the U.S. to achieve record growth. WhiteRock is expected to originate and develop 4 to 5 GW of onshore wind, solar, and battery energy storage system (BESS) projects and […] Read more
US SEC Disclosure Rules Lead Companies To Cut Emissions Faster Updated On Wed, Apr 10th, 2024 by Saurenergy The US Securities and Exchange Commission (SEC) approved a new rule mandating publicly traded companies to disclose their direct greenhouse gas emissions. According to the rules, the companies will have to disclose the audited financial statements and therefore in the scope of the registrant’s internal control over financial reporting. Further, climate-related disclosures in the registrant’s […] Read more
Canada Pension Board Invests In UK-Based Firm For Offshore Wind Energy Updated On Tue, Apr 9th, 2024 by Saurenergy Canada Pension Plan Investment Board (CPPIB) has invested in UK-based Reventus Power to further its plans to establish the firm as a global player in the offshore wind sector. Consequently, Reventus Power has doubled the size of its global team to approximately 50 offshore wind specialists, increased its presence in the UK, Germany, Poland, and […] Read more
Nordex Receives 295 MW South Africa Turbine Order From EDF Renewables Updated On Tue, Apr 9th, 2024 by Saurenergy EDF Renewables (South Africa) a subsidiary of EDF Renouveables has placed orders with the Nordex Group for two wind energy projects in South Africa. According to Nordex, the Korosun 2 cluster, consisting of the Umsobomvu and Hartebeesthoek projects, will comprise 50 N163/5.X turbines with a total capacity of 295 MW. The Nordex Group will also […] Read more
BESS Safety Report Highlights Need for Enhanced Safety Standards Updated On Tue, Apr 9th, 2024 by Saurenergy A recent report has shed light on the adoption of BESS and has found that recent incidents of battery-related fires and explosions in Germany have underscored the urgent need for enhanced safety standards in BESS installations. It also found that the market is experiencing rapid growth, notably within the residential sector, with Germany emerging as […] Read more
US-Based Avangrid & Europe’s Statkraft Ink Wind Power Deal Updated On Tue, Apr 9th, 2024 by Saurenergy Avangrid, a sustainable energy company and member of the Iberdrola Group, and Statkraft, a Europe-based renewable energy firm, have announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States. According to a media statement from Avangrid, Statkraft will receive Renewable Energy Certificates (RECs) […] Read more
Quinbrook Fund Gets $600 Million Investment For 2.65 GW US Solar + Storage Projects Updated On Mon, Apr 8th, 2024 by Saurenergy Quinbrook Infrastructure Partners, a global investment manager focused exclusively on the infrastructure needed for the energy transition has announced the successful closing of Quinbrook Valley of Fire Fund with $600 million in capital commitments from leading US and European institutional investors. The Fund is a continuation of the large-scale solar+storage strategy of Quinbrook’s Low Carbon […] Read more
US Clean Energy Firms To Develop 200 MW New York RE Project Updated On Mon, Apr 8th, 2024 by Saurenergy Transatlantic clean energy firm Alternus Clean Energy and Acadia Energy have come together for a joint venture to develop 200 megawatts (MW) of Sustainability Hub microgrid projects in New York State. According to a media statement by Alternus Clean Energy, over the next 2-3 years, the joint venture will concentrate on both developing and managing […] Read more