Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe Updated On Wed, Oct 26th, 2022 by Saurenergy Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […] Read more
Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge Updated On Mon, Oct 3rd, 2022 by Saurenergy One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […] Read more
Now Germany Adopts New Model For its Renewable Energy Tenders Updated On Fri, Sep 30th, 2022 by Saurenergy Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches. […] Read more
EnerVenue & Green Energy Renewable In 250 MWh Storage Deal Updated On Fri, Sep 23rd, 2022 by Saurenergy Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […] Read more
German Energy Major RWE Invests USD 2 Billion In Renewables, Sees Profits In H1 Updated On Tue, Aug 16th, 2022 by Saurenergy In 2021, the German energy giant RWE onshore renewables segment underwent a significant overhaul. The division returns to profitability in the first half of 2022 after a weak first half of the 2021 result. The company claims that it invested €2 billion (US$2.04 billion) in the growth of its green portfolio during the first half […] Read more
Over 500GW Generation By 2030 From Renewable Energy: RK Singh Updated On Thu, Jul 28th, 2022 by Saurenergy The Union Power and New & Renewable Energy Minister RK Singh, on July 27 said the renewable energy capacity will reach over 500GW by 2030. In his message at the launch of a report of The Energy Resource Institute (TERI), Singh said, “By 2030, the total capacity for power production would be about 820GW. Out […] Read more
Charge Zone Debuts Renewable Energy To Power EV Charging Stations Updated On Tue, Jul 12th, 2022 by Saurenergy Charge Zone, a Gujarat-based provider of electric vehicle charging infrastructure, unveiled its ambitions to use renewable energy to power its high-speed charging network for electric buses and commercial cars across India. As per the company, its goal behind this motive is to achieve Net-Zero and to give clients more sustainable charging options across India. As […] Read more
Germany Looks At Rapid Renewable Energy Expansion Updated On Fri, Jul 8th, 2022 by Saurenergy The German government is looking to come up with a major package of reforms that would give speed to renewable power generation. Speaking in a renewable energy industry event, German Chancellor Olaf Scholz has said that his government wants to end supplies of fossil fuels from Russia considering its armed conflict with Ukraine. The European […] Read more
Singapore Gets Its First Renewable Energy Import From Laos Updated On Fri, Jul 8th, 2022 by Saurenergy Singapore’s Energy Market Authority (EMA) has said that the country has begun to import renewable energy from Laos through Thailand and Malaysia. The authority held that this is the first such transfer of RE into Singapore. In September 2021, a power purchase agreement (PPA) was signed between Keppel Electric of Singapore and Electricite du Laos […] Read more
