ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project Updated On Thu, Dec 10th, 2020 by Saurenergy The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […] Read more
Roadmap Launched for Future Deployment of Energy Storage Technology Updated On Wed, Dec 9th, 2020 by Saurenergy The role of energy storage and the part it will play in helping the UK reach its net-zero targets by 2050 has been set out in a roadmap The role of energy storage and the part it will play in helping the UK reach its net-zero targets on carbon emissions by 2050 has been set […] Read more
Preparing For a Renewable Future- The Business Models That Matter Updated On Tue, Dec 1st, 2020 by Saurenergy If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […] Read more
Europe Proposes to Have 60 GW Offshore Wind Capacity by 2030, 300 GW by 2050 Updated On Mon, Nov 23rd, 2020 by Saurenergy The EC proposes to increase the offshore wind capacity in Europe from its current level of 12 GW to at least 60 GW by 2030 and to 300 GW by 2050. To help meet the EU’s goal of climate neutrality by 2050, the European Commission recently presented the EU Strategy on Offshore Renewable Energy. The […] Read more
Neoen to Build one of the World’s Largest Batteries in Australia Updated On Fri, Nov 6th, 2020 by Saurenergy Neoen has been awarded a 250 MW grid services contract by AEMO, the services will be provided by Neoen’s future 300 MW Victorian Big Battery, set to become one of the world’s largest batteries. Neoen, one of the world’s leading and fastest-growing producers of renewable energy, has announced that it has been awarded a 250 […] Read more
Renewables can Help Kosovo Break From Coal-Powered Past: IEEFA Updated On Thu, Nov 5th, 2020 by Saurenergy Strong performance by its first large-scale wind and solar farms shows that Kosovo can exploit falling renewables costs to move away from fossil fuel. Strong performance by the first large-scale wind and solar farms in Kosovo shows the coal-dominated, Western Balkan country can exploit falling renewables costs and green lending appetite to align better with […] Read more
PXIL Celebrates 12th Year Anniversary with Cumulative Volume Growth Updated On Thu, Oct 22nd, 2020 by Saurenergy Power Exchange India Ltd (PXIL) has notched up significant market share in electricity trading during the last few months. Ever since the jump-start of Day Ahead Spot (DAS) from August 25, 2020, there has been consistent participation from the most active participants in the market. The price formation has demonstrated convergence, even with small volumes […] Read more
EDFR & Geenex Solar Transact on 4.5 GW Solar Development Portfolio Updated On Mon, Oct 19th, 2020 by Saurenergy EDFR North America and Geenex Solar have announced the close of an agreement of up to 4.5 GW pipeline of solar development assets throughout PJM. EDF Renewables (EDFR) North America and Geenex Solar have announced the close of an agreement of up to 4.5 gigawatt (GW) pipeline of solar development assets throughout PJM. The pipeline […] Read more
Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage Updated On Sat, Oct 17th, 2020 by Saurenergy Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […] Read more