European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth Updated On Mon, Jun 19th, 2023 by Saurenergy Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […] Read more
Despite A Volatile Market, Wind Energy Blows Strong Updated On Fri, Jun 16th, 2023 by Saurenergy It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade. Global Trends 2023: Big Start, Bigger Finish The wind sector is back […] Read more
Toyota’s Big Bet On Advanced Solid-State Batteries Updated On Thu, Jun 15th, 2023 by Saurenergy Toyota announced on Tuesday its plans to incorporate high-performance solid-state batteries and other advanced technologies into their future electric vehicles (EVs) to improve driving range and reduce costs. For the Japanese and global auto major, solid state batteries have formed the lynchpin of a future push outside non-ICE vehicles with a technology and materials it […] Read more
Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] Read more
Engie & Partners Commission 150 MW Hazelwood Battery Energy Storage System Updated On Thu, Jun 15th, 2023 by Saurenergy Engie, the French energy company, along with project partners Eku Energy and Fluence, has successfully commissioned the Hazelwood Battery Energy Storage System (BESS) in the Latrobe Valley, Victoria, Australia. This pioneering project, with a capacity of 150MW/150MWh, is the first of its kind in the country to be situated on the grounds of a decommissioned […] Read more
MG Motor India Powers 50% Operations from Renewable Energy Sources Updated On Wed, Jun 14th, 2023 by Saurenergy Automotive firm MG Motor India has revealed that 50 percent of its energy needs for manufacturing operations are being met by renewable energy sources. The firm has joined hands with renewable energy firm CleanMax to meet its renewable energy goals. The brand that makes cars has determined to curb carbon emissions by approximately 2 lakh […] Read more
China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices Updated On Tue, Jun 13th, 2023 by Saurenergy China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […] Read more
CERC Extends Deadline for ISTS Waivers for RE Projects Updated On Tue, Jun 13th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo motu order, allowed an extension of the waiver of Inter-State Transmission System (ISTS) for renewable projects. It implies those wind and solar projects whose generation capacity was declared under commercial operation earlier between February 13, 2018, to December 31, 2022. These projects were given ISTS waivers […] Read more
Cheaper Than Imports? US Counts On Inflation Reduction Act To Galvanise RE Manufacturing Updated On Tue, Jun 13th, 2023 by Saurenergy Researchers at Dartmouth and Princeton released a report on the estimated impacts the Inflation Reduction Act will have on the US wind and solar industry, including changes in wind and solar manufacturing, labor standards for clean energy workers, job creation, and demand for materials. Specifically, the report explores the impacts of the law’s clean electricity production and investment […] Read more
