Vestas Joins 9GW Floating Wind Farm Development in South Korea Updated On Tue, Mar 15th, 2022 by Saurenergy According to a statement released by the South Korea’s Ulsan City Government, a Memorandum of Understanding (MoU) has been signed between Vestas – the Denmark based leading wind turbine manufacturer – and Ulsan City Administration, Ulsan Port Authority and Sejin Heavy Industries & Construction meant to foster cooperation between the parties for the development of […] Read more
World’s Largest Rooftop Solar Power Plant Launched in Turkey Updated On Mon, Mar 14th, 2022 by Saurenergy Huawei and Tosyali Holding have launched the world’s largest rooftop solar power project in the Osmaniye Province of Turkey, an official statement said. Huawei is a Chinese technology giant and Tosyali is a steel manufacturer based in Turkey. The total investment made by the companies will come up to $71 million, said the statement. The […] Read more
Vestas Will Discontinue Four Wind Energy Projects in Russia Updated On Wed, Mar 9th, 2022 by Saurenergy Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […] Read more
Portugal receives bids from 12 firms for floating solar auction Updated On Tue, Mar 8th, 2022 by Saurenergy The auction for the installation and operation of photovoltaic plants on seven dams in Portugal received 12 competing projects, environment minister João Pedro Matos Fernandes has told Jornal de Negócios. The deadline for submitting applications ended last Wednesday at 23:59, with the period for receiving proposals having run since January 29. Portugal was among the […] Read more
US solar real estate invt fund closes on $100 mn solar lease securitization Updated On Mon, Mar 7th, 2022 by Saurenergy SolaREIT, a US solar real estate investment fund, has closed on a $100 million securitization of solar leases with Nuveen. The expansion will significantly increase access to low-cost capital in the commercial and mid-sized solar development sector, including community solar, its official statement said. SolaREIT’s land financing options, including the “Pre-Paid Solar Land Lease”, allow […] Read more
European Commission President Bats for Hydrogen and Renewables to Russian Overhang Updated On Mon, Mar 7th, 2022 by Saurenergy European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […] Read more
The Top 5: EV Battery Manufacturers in the World Updated On Mon, Mar 7th, 2022 by Saurenergy Advances in electric vehicle (EV) batteries and their associated technologies are finally attracting the interest of individuals to purchase EVs, contributing to the growth of EV batteries. The top EV Battery Manufacturers in the World are the frontline contributors to the growth of the industry. The scale of production forms a litmus test about market […] Read more
Electric Bus Market To Surpass USD 53 Billion By 2027 Updated On Thu, Feb 24th, 2022 by Saurenergy The electric bus market is set to grow from its current market value of more than USD 28 billion to over USD 53 billion, as reported in the latest study by Global Market Insights Inc. As the world is advancing towards sustainable development with the profound steps to reduce carbon emissions, adoption of cleaner technologies has been […] Read more
ABB to Upgrade Eneti’s Offshore Wind Installation Vessels Updated On Tue, Feb 8th, 2022 by Saurenergy South Korea-based Daewoo Shipbuilding & Marine Engineering Ltd. (DSME) will deliver two wind turbine installation vessels (WTIV) to Monaco-based offshore wind construction giant Eneti Inc. The deal is worth $330 million and the delivery is expected between the third quarter of 2024 and second quarter of 2025. ABB – the global leader in automation, digitization […] Read more
