Nikola To Accelerate Hydrogen Fueling, APS Facilitating Low-Cost Production Updated On Thu, Jan 14th, 2021 by Saurenergy The manufacturer of battery-electric and hydrogen-electric trucks, Nikola Corporation has secured an innovative electric rate schedule with Arizona Public Service Company (APS) that accelerates the production of hydrogen-based fueling solutions for the transportation industry. Arizona Corporation Commission’s (ACC) facilitating low-cost hydrogen production, and their electric rate schedule reduces greenhouse gas emissions in the transportation sector. […] Read more
The Case For Battery Storage- A UK View Updated On Wed, Jan 13th, 2021 by Saurenergy A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […] Read more
Orsted, SGRE Consortium Receives Funding to Investigate Offshore Hydrogen Production Updated On Tue, Jan 12th, 2021 by Saurenergy ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy have been awarded EUR 5 million in funding from The Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU) under the European Commission to demonstrate and investigate a combined wind turbine and electrolyser system designed for operation in marine environments. The Fuel Cells and Hydrogen 2 Joint […] Read more
Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA Updated On Tue, Jan 12th, 2021 by Saurenergy No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […] Read more
Grenergy Renovables S.A. and Natixis Close Solar PV Portfolio Financing in Chile Updated On Tue, Jan 12th, 2021 by Saurenergy Grenergy Renovables S.A. (“Grenergy”), with Natixis as Sole Lead Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed senior secured facilities totaling US $91 million for an expected 130 MWp portfolio of 14 solar photovoltaic (“PV”) plants in Chile. This marks Natixis’ first transaction with Grenergy and was fully underwritten by Natixis. The Grenergy portfolio […] Read more
Emergence of Asia-Pacific Renewable Energy Sector Updated On Mon, Jan 11th, 2021 by Saurenergy By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production. Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […] Read more
Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas Updated On Fri, Jan 8th, 2021 by Saurenergy Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […] Read more
VSL Awarded Contract for Hybrid Tampen Floating Wind Farm Updated On Fri, Jan 8th, 2021 by Saurenergy Kværner has awarded VSL the contract for the post-tensioning works for the 11 floating concrete hulls for wind power turbines of the Hywind Tampen project in Norway. VSL will be responsible for the post-tensioning works of the semi-submersible concrete structures which will require installation of vertical post-tensioning tendons in the hulls with the length up […] Read more
Vistra Brings Online its 1200 MWh Battery Storage System in California Updated On Fri, Jan 8th, 2021 by Saurenergy Vistra has announced its 1200 MWh Moss Landing Energy Storage Facility was successfully connected to the power grid and has begun operation. Vistra has announced that its Moss Landing Energy Storage Facility was successfully connected to the power grid and began operating on December 11, 2020. At 300 MW/ 1200 MWh, the lithium-ion battery storage system, located […] Read more