European RE PPA Market Adds 19 GW New Capacity In 2024 Updated On Thu, Apr 17th, 2025 by Saurenergy The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […] Read more
SOFAR Debuts On Shenzhen Stock Exchange Updated On Tue, Apr 15th, 2025 by Saurenergy SOFAR, a China-based solar and energy storage solution provider, made its debut on the ChiNext Board of the Shenzhen Stock Exchange (Stock Code: 301658) on April 2. Chairman Xu Tao rang the opening bell in the presence of government officials, partners, and industry stakeholders. The listing marks support the company’s role in China’s “Dual Carbon” […] Read more
Global Energy Transition Investments Exceed $2Tn: BloombergNEF Updated On Mon, Feb 3rd, 2025 by Saurenergy BloombergNEF’s annual report found that low-carbon energy transition investment grew by 11% worldwide, reaching a record $2.1 trillion in 2024. According to the Energy Transition Investment Trends 2025 report, this growth was driven by electrified transport, renewable energy, and power grids. The report revealed that all these sectors reached new highs last year, along with […] Read more
Canadian Solar’s e-STORAGE To Deliver 2 GWh ESS For CIP Updated On Thu, Jan 9th, 2025 by Saurenergy Canadian Solar Inc.’s e-STORAGE, a part of the company’s subsidiary CSI Solar Co., Ltd. (CSI Solar), recently signed contracts with Copenhagen Infrastructure Partners (CIP), through its fund CI IV. The contracts cover the delivery of 2 GWh DC of battery energy storage systems (BESS) for two projects in Scotland. The 1 GWh DC Coalburn 2 […] Read more
News In Brief Nov 29: Masdar Closes Deal, ADB & Gulf Sign $820 Mn Deal, UK Initiates RE Project In Philippines Updated On Fri, Nov 29th, 2024 by Saurenergy Masdar Closes Deal to Acquire TERNA Energy To Supercharge Growth In Greece And Eastern Europe UAE-based Abu Dhabi Future Energy Company PJSC – Masdar recently completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders and received all regulatory approvals. The deal, agreed […] Read more
EIG’s Fidra Energy, Sungrow Partner For 4.4GWh BESS Projects Updated On Tue, Nov 19th, 2024 by Saurenergy Fidra Energy and Sungrow recently signed a 4.4 GWh energy storage partnership agreement to support Fidra’s plans to establish a 10 GW battery energy storage system (BESS) platform across the United Kingdom (UK) and other European markets by 2030. Under the Agreement, Sungrow will supply its liquid-cooled energy storage system (ESS) PowerTitan 2.0 to two […] Read more
Servotech Signs Pact With Ensmart To Boost EV Charging Biz In UK Updated On Wed, Oct 16th, 2024 by Saurenergy Indian Electric Vehicle (EV) charger maker Servotech Power Systems and UK-based Ensmart Power, working in critical power, solar, and energy storage systems, has signed a sole distribution agreement to expand their EV charger distribution network across the UK and beyond, including North America. This agreement aims to capitalize on the rapid growth of electric vehicle […] Read more
UK Gets New Battery Energy Storage System To Augment Grid Updated On Wed, Oct 16th, 2024 by Saurenergy Trina Storage, a global firm working in energy storage solutions, announced the successful grid connection and commissioning of the Maldon 40MWh Battery Energy Storage System (BESS) in collaboration with the energy storage specialist Eku Energy. Located in Essex, England, this project marks Eku Energy’s first commercially operational battery storage project in the UK. The deployed […] Read more
TotalEnergies Launches 3 MW Floating Wind Pilot At Culzean Updated On Thu, Aug 29th, 2024 by Saurenergy TotalEnergies launched a pilot project constituting a floating wind turbine that would supply renewable power to the Culzean offshore platform in the UK North Sea. The 3 MW floating wind turbine will be located 2 km west of the Culzean platform, 220 km off the eastern coast of Scotland. This turbine, expected to be fully […] Read more
