Exus to Develop 85 MW Wind-Solar Hybrid Project in Portugal Updated On Tue, Apr 27th, 2021 by Saurenergy Exus Management Partners has announced that it will develop an 85 MW wind and solar hybrid project in northern Portugal. The renewables-focused independent investment and asset management firm has been chosen by an undisclosed third party to provide the complete end-to-end delivery of the country’s first third-party wind and solar hybrid project. Since no developers […] Read more
EnBW to Build Europe’s Biggest Fast Charging Station for all EVs Updated On Mon, Apr 26th, 2021 by Saurenergy EnBW is planning a new flagship charging station at the Kamener Kreuz autobahn interchange near Dortmund, Germany. With 52 charging points, it will be the biggest public fast charging station in Europe and will be powered by solar panels. As per the firm, the high power chargers have capacities of up to 300 kilowatts. Depending […] Read more
EIB Backs €2 Bn Investment to Scale up use of Renewable Energy Updated On Mon, Apr 26th, 2021 by Saurenergy EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […] Read more
German Govt to Expand Capacity in Solar & Wind Power Auctions Updated On Sat, Apr 24th, 2021 by Saurenergy The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […] Read more
Upgrading a Grid Connected PV System To An Energy Storage System Updated On Thu, Apr 22nd, 2021 by Saurenergy Even today, there is a widespread impression among many prospects that a solar system could mean grid independence. Unfortunately, by the time they actually understand the way most solar setups work, especially if you want the benefit of subsidies, they realise that the only way is a grid connected solar plant. However, that is changing. […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
European Hydrogen Plans Expand, With 40,000 Km Pipeline Network by 2040 Updated On Mon, Apr 19th, 2021 by Saurenergy Industry association European Hydrogen Backbone (EHB) has recently updated its vision for a dedicated hydrogen transport infrastructure across Europe, now proposing to build an 11,600 km (which was 6,800 km last year) hydrogen transportation network by 2030, which would come up to 39,700 km (as opposed to 23,000 km estimated last year) by 2040, aiming to […] Read more
7-Country European Alliance To End Export Financing For Fossil Fuels Updated On Thu, Apr 15th, 2021 by Saurenergy During a virtual meeting yesterday, seven European countries came together to formally launch the Export Finance for Future (E3F) coalition, a new alliance aimed at ending public export guarantees for fossil fuel projects, as part of efforts to reduce carbon emissions and fight climate change. Other than France, the host country, the conference was attended […] Read more
Europe Invested €43 Bn in 2020 to Cover 20 GW of new Wind Farms Updated On Thu, Apr 15th, 2021 by Saurenergy Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record, to fund 20 GW of new projects. Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record. The investments cover 20 GW of new capacity that will be built in the […] Read more