Macquarie Asset Management To Sell Stakes In 8 UK Wind Farms Updated On Tue, Apr 25th, 2023 by Saurenergy Australia’s Macquarie Asset Management has agreed to sell stakes in eight offshore wind farms around the United Kingdom to infrastructure manager and investor, Equitix. According to the agreement, Macquarie European Infrastructure Fund 5’s 50 per cent stake in Offshore Wind Company sold to funds managed by the UK-headquartered investment manager. Offshore Wind Company holds various […] Read more
Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms Updated On Sun, Apr 23rd, 2023 by Saurenergy The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […] Read more
EUR 30 Billion Contracts by TenneT for 60 GW North Sea Offshore Wind Plans Updated On Fri, Apr 21st, 2023 by Saurenergy The Netherlands based transmission system giant TenneT, Hitachi Energy/Petrofac and the three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott and Siemens Energy/Dragados have signed contracts in Berlin, Germany, to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components of the 14 systems amounts to around €30 billion. The […] Read more
BorgWarner Increases South Carolina Battery Production by 3GWh Updated On Thu, Apr 20th, 2023 by Saurenergy America’s one of the leading automotive supplier BorgWarner has announced that will be investing $42 million into the expansion of its Seneca, South Carolina production facility. The investment will be allocated to building and equipment upgrades as well as the development of new manufacturing lines to launch the production of 3GWh of annual battery module […] Read more
EBRD Loans $200 Million to Turkish Renewable Energy Developer Updated On Thu, Apr 20th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […] Read more
UK Renewable Energy Developer Field Sets Sights on Multi-Gigawatt Battery Projects in Italy Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based renewable energy developer Field has set sights on expanding operations into Italy. The firm is mulling over the development of a multi-gigawatt portfolio of battery storage projects across Italy. Field is looking at the acceleration of the deployment of large-scale battery storage projects in the country. The firm will look into the operation of […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
Goldwind Exceeds 100 GW Wind Turbine Installation Worldwide Updated On Wed, Apr 19th, 2023 by Saurenergy Chinese wind turbine manufacturer Goldwind has said that it has achieved the key milestone by exceeding 100 GW of global installed capacity recently. The feat is achieved through successful lifting of several wind power projects in Xinjiang, Inner Mongolia, Qinghai, Guangxi, Yunnan, Brazil, the United Arab Emirates, etc. Goldwind claims that it’s the first Chinese […] Read more
End of Nuclear Energy in Germany: What are the Fallouts? Updated On Wed, Apr 19th, 2023 by Saurenergy Germany recently announced the shutting down of its last nuclear power plants. From supplying nuclear power plant-based electricity to the grid for the first time, at Kahl in Bavaria in 1961, to now shutting down the last three in April 2023, Nuclear energy polarized people’s opinions and remained a point of debate for decades in […] Read more
