European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark Updated On Mon, Feb 5th, 2024 by Saurenergy A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months. Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […] Read more
China’s LONGi Inks Deal With Spain’s Naturgy To Supply 1 Million Solar Modules Updated On Mon, Feb 5th, 2024 by Saurenergy China-based solar technology firm LONGi and Spain-based energy utility firm Naturgy have signed a new module shipment agreement for Naturgy’s 2024 solar projects in Spain. As part of the agreement, LONGi will deliver just over one million modules from its Hi-MO 5 series, with a total output volume of 574 MWp. These bifacial modules will […] Read more
Hybrid-Electric Car Registrations Surge By 26% In EU: ACEA Report Updated On Fri, Jan 19th, 2024 by Saurenergy European Automobile Manufacturers Association, (ACEA) recently shared data on the new registration of cars in the European Union (EU). In its data for 2023, it mentioned that the year concluded with a solid 13.9% expansion compared to 2022. It reached a full-year volume of 10.5 million units. In December, new EU registrations for hybrid-electric cars […] Read more
Electric Utility Company Iberdrola To Commission 1,400 MW of New Solar Power Updated On Mon, Aug 29th, 2022 by Saurenergy Spanish utility firm Iberdrola has announced that it will add 1,400 MW of new solar power in Spain in the coming months. As per the official statement, Iberdrola is currently executing 12 photovoltaic projects, with a combined installed capacity of 550 MW, half of them located in Extremadura, where Iberdrola is building the Almaraz I […] Read more
Spain Announces 4th Round Of RE Auction For 1.8GW Of Solar Capacity Updated On Thu, Aug 4th, 2022 by Saurenergy Spain has scheduled its fourth renewable energy auction round for November 22. The sale will feature 1.8GW of solar capacity to hasten the country’s power system’s decarbonization. Nearly 3GW of solar capacity was won in the first two previous auctions for solar and wind energy, held in 2021. The Ministry of Ecological Transition (MITECO) has […] Read more
BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production Updated On Tue, Jul 12th, 2022 by Saurenergy British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […] Read more
EnergyLOOP By Inerdrola and FCC Ambito To Recycle Wind Turbine Blades In Spain Updated On Thu, Jun 2nd, 2022 by Saurenergy EnergyLOOP will recycle the renewable components of the wind turbine blades for reuse in as many sectors as possible solving the long term challenges facing Spain. Launched by Iberdrola and FCC Ámbito, EnergyLoop is an initiative meant for energy transition and ensure circular economy in Spain gearing up for installation of the first blade recycling […] Read more
Wind & sun powered a record 40% of Spain’s electricity grid in April Updated On Wed, May 11th, 2022 by Saurenergy Wind and sun powered a record 40 per cent of the Spanish electricity grid in April as renewable energy was boosted by a breezy spring and rising installed capacity, a report from pro-renewable energy think tank Ember Climate said on Tuesday. Wind farms supplied 26.2 per cent of the country’s electricity last month, while sun-powered […] Read more
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
