Vattenfall Collaborates with Eramet Norway to Support the Norwegian Electricity Grid Updated On Mon, May 10th, 2021 by Saurenergy Through the collaboration between Vattenfall, Sympower and Statnett, ferro-alloy company Eramet Norway has gained access to FFR (Fast Frequency Reserve) between May and October 2021. This means that they can contribute to a stable power grid, not only in Norway, but throughout the entire Nordic electricity grid if a power failure occurs. Energy sources such as […] Read more
Lightsource bp Acquires Solar Projects Totalling 156 MWp in Italy Updated On Mon, May 10th, 2021 by Saurenergy Lightsource bp in Italy continues to boost its utility scale solar portfolio by acquiring three projects from Horizon Firm, a trusted developer specialized in solar, totalling 156MWp across the country. Two of the projects are based in Sicily, in a low solar plant massification density area, in the province of Agrigento: the Canicattì project (40.9 MWp) and the Torre di Mastro project (58.2 MWp). The third project, Manfredonia (57.4 MWp), based in Apulia, will be developed as an Agri-PV with the aim of virtuously integrating agriculture and […] Read more
Enel Group Releases Financial Results; Q1 2021 Unprofitable Updated On Mon, May 10th, 2021 by Saurenergy Enel Group, Italian multinational manufacturer and distributor of electricity and gas, has released the financial results of the first quarter of 2021. The company reports an 8.8% increase in investments and confirmation of yearly targets, among other data, but the quarter has not proved profitable for it. Revenues earned in this quarter were 17,107 million euros, […] Read more
Battery Firm ESS to be Publicly Listed; Value Expected to Cross $1 Bn Updated On Mon, May 10th, 2021 by Saurenergy ESS Tech, a manufacturer of iron flow batteries has entered into an agreement that will result in it becoming a publicly listed company. ESS Tech, a manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and ACON S2 Acquisition, a publicly traded special purpose acquisition company, have announced they have entered […] Read more
UK Charts Course for Net Zero North Sea: WoodMac Updated On Fri, May 7th, 2021 by Saurenergy Ambitious transition deal sets tough targets as UKCS players face tricky balancing act The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry’s capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050. A significant opportunity exists to create a supply […] Read more
IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
Adani Power Ltd Posts Rs 13.13 Crore Net Profit in Q4 2021 Results Updated On Fri, May 7th, 2021 by Saurenergy Adani Power Limited (APL), the power business subsidiary of Indian conglomerate Adani Group, yesterday recorded a consolidated net profit of Rs 13.13 crore in the March 2021 quarter, as opposed to, a BSE filing revealed, a consolidated net loss of Rs 1,312.86 crore in the quarter ended March 31, 2020. The reason for the pleasant result […] Read more
Masdar To Develop Solar Plant in Greece With Taaleri Energia Updated On Fri, May 7th, 2021 by Saurenergy UAE based leading renewable energy company, Masdar has announced its first investment in Greece for developing a 65 megawatts (MW) solar PV project with Taaleri Energia, a firm that invests in solar and wind assets. A joint venture of both companies, Masdar-Taaleri Generation (MTG) will be managing the solar project alongside local partners, the Constantakopoulos […] Read more
Atlas Secures Finance for 359 MW Solar Project in Brazil Updated On Fri, May 7th, 2021 by Saurenergy Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […] Read more
