Energy Major Equinor Buys 45% Stake in UK Battery Maker Noriker Power Updated On Tue, Dec 7th, 2021 by Saurenergy Equinor has signed an agreement with Noriker Power Limited, a battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage. In […] Read more
UK Fund Gresham House Raises £380m Funding For Storage Projects Updated On Fri, Nov 26th, 2021 by Saurenergy Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […] Read more
Adnoc Power Grid to be Run 100% on Nuclear & Solar in UAE Updated On Wed, Oct 27th, 2021 by Saurenergy Abu Dhabi National Oil Co (Adnoc) has signed a deal with a local utility to supply up to 100% of its power grid with nuclear and solar energy sources, the Abu Dhabi government said on Tuesday. The supply deal, released by the state media office, follows the United Arab Emirates announcing this month plans to […] Read more
50 MW Wärtsilä Energy Storage System Activated in UK Updated On Wed, Oct 27th, 2021 by Saurenergy Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […] Read more
Nordex to Supply 14 Turbines for 67 MW Wind Project in Ukraine Updated On Wed, Oct 6th, 2021 by Saurenergy German turbine maker Nordex has received an order for fourteen N149/4.X turbines from its regular Turkey-based customer Eksim Holding of Istanbul for the latter’s first wind project in Ukraine. The order also includes a Premium Service contract covering a period of 15 years. The “Skole” wind farm, with a total capacity of 67.2 MW, will be built near […] Read more
Off-grid Electrification Can Drive Economic Growth in Sub-Saharan Africa Updated On Fri, Sep 24th, 2021 by Saurenergy Compared to other regions in the world, sub-Saharan Africa (SSA) exhibits the lowest electrification rate at 47% and the degree of urban-rural electrification inequality is also greater in the area than anywhere else. Off-grid electrification can play a vital role in extending electricity access to rural communities and improving economic resilience, finds a new report. […] Read more
Hive Energy, Two other UK Firms Team Up To Develop 350 MW Solar Power in New Zealand Updated On Mon, Sep 6th, 2021 by Saurenergy Three UK-based solar companies, namely Hive Energy, Ethical Power and Solar South West have launched a new joint venture (JV) that will aim to develop a pipeline of nearly 350MW of utility-scale PV plants across New Zealand. The JV, called HES Aotearoa, combines competencies spanning site selection, project design, construction, and operations and maintenance across […] Read more
UK-based Octopus Group Buys 181 MW Wind Farm in Australia Updated On Fri, Sep 3rd, 2021 by Saurenergy Octopus Australia has acquired the 181MW Dulacca Wind Farm in Queensland, Australia, from global renewable energy company RES. Once constructed, the wind project will consist of 43 wind turbines and generate enough electricity to power approximately 124,000 homes. Octopus Australia is a part of UK-based Octopus Group that manages over 260 renewables assets globally. In addition to […] Read more
India-UK Partnership to Back Green Firms Investing in the UK Updated On Wed, Aug 11th, 2021 by Saurenergy The UK and India are set to launch a global Green Grids Initiative (GGI) at the COP26 climate conference in November, which will be hosted by the UK in Glasgow, Scotland. A new renewable energy partnership between the two countries is expected to open doors to Indian green energy businesses wishing to establish offices in […] Read more
