Kona Energy Will Develop 200 MW Battery Updated On Thu, May 26th, 2022 by Saurenergy British energy storage developer Kona Energy has recently secured permission to plan and develop a 200 MW battery at Heysham on Morecambe Bay in Lancashire. Once developed the battery will also replace local grid services due to be lost when the Heysham 1 and 2 nuclear reactors are decommissioned, in 2024 and 2028. Besides, the […] Read more
Iraq investing $680 million in renewable energy projects Updated On Thu, May 26th, 2022 by Saurenergy Iraq authorities have approved an expenditure of one trillion Iraqi dinars or $680 million for the expansion and development for renewable power projects in order to reduce the dependence of imported power and enhance the use of RE in the country. The Central Bank of Iraq had planned to allocate the funds for solar power […] Read more
Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway Updated On Thu, May 26th, 2022 by Saurenergy Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […] Read more
Egypt Will Generate 10GW Renewable Energy Next Year Updated On Thu, May 26th, 2022 by Saurenergy The government of Egypt is looking to expedite the renewable energy projects in the country, with plans to generate about 10,000 MW of solar and other renewable power in 2023 said a government official to media. The government expects the rise in renewable energy production in the coming year as many energy projects will then […] Read more
RK Singh Urges States To Form Steering Committees On Clean Energy Transition Updated On Wed, May 25th, 2022 by Saurenergy Union Power Minister RK Singh has asked all chief ministers, and lieutenant governors of Union Territories to set up state-level steering committees for energy transition to reduce carbon emissions. A statement from power ministry reads, “Singh stressed on the role of the state governments for successful implementation of reduction in emission intensity by 45 percent […] Read more
BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia Updated On Tue, May 24th, 2022 by Saurenergy Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […] Read more
KSEB Invites Bids For Supply of 150 MW Solar Power Between June’22 and March’23 Updated On Tue, May 24th, 2022 by Saurenergy Kerala State Electricity Board (KSEB), the govt owned entity with a distribution license for all of Kerala, has invited bids for supply of solar power to the state. The 150 MW requirement will need to be supplied between June 15, 2022 and March 31, 2023. According to the bid document, all the generators /State Utilities […] Read more
These Four European Countries Have Set a 150 GW Offshore Wind Target Updated On Mon, May 23rd, 2022 by Saurenergy Germany, Belgium, the Netherlands and Denmark signed an agreement in Esbjerg on 18 May to produce offshore wind energy and green hydrogen equivalent to 65 GW by 2030 and 150 GW by 2050. Declaring their intention of becoming the Green Power Plant of Europe, the joint agreement aims for a tenfold increase in offshore wind […] Read more