Orbital to lead EU’s €26.7 M Project for Floating Tidal Energy Deployment Updated On Fri, Sep 17th, 2021 by Saurenergy Scottish technology developer Orbital Marine Power will lead a pan-European consortium to deliver the €26.7m FORWARD-2030 project, set up to accelerate the commercial deployment of floating tidal energy, with Swedish manufacturing company SKF as a key partner. The project will see the installation of the next iteration of the Orbital turbine, integrated with a hydrogen […] Read more
NextEnergy’s International Solar Fund to Acquire 42.3MW Polish Portfolio Updated On Fri, Sep 17th, 2021 by Saurenergy NextPower III ESG, the international solar fund of NextEnergy Capital, has agreed to acquire a 42.3MW solar PV project portfolio in Poland, marking NPIII ESG’s first acquisition in the country. Completion is expected to occur in Q4 2021 once all assets are constructed and energised. The solar PV project portfolio has been awarded a Contract for […] Read more
Sungrow Reports $1.26 Billion Revenue in H1 FY21 Updated On Thu, Sep 16th, 2021 by Saurenergy Inverter solutions supplier Sungrow has released its semi-annual report, reporting a net income of 757 million yuan (about 116.42 million US dollars), with a year-over-year increase of 69.68%, in H1 FY21. The company’s revenue was 8.21 billion yuan (1.26 billion US dollars) during this period, with a year-over-year increase of 18.27%. The highlights of H1 FY21 […] Read more
International RECs: A reliable way to go 100% Renewable Updated On Thu, Sep 16th, 2021 by Saurenergy Introduction: Sustainability Goals and Commitments The Race to Zero campaign was launched by the UNFCCC’s Climate Ambition Alliance with a goal of achieving net zero carbon emissions by 2050. As of February 2021, 1,397 businesses have pledged to join the Race to Zero campaign and achieve net zero carbon emissions by 2050. These include the […] Read more
U.S. Solar Prices Rise, Despite 5.7GW Capacity Addition in Q2: WoodMac Updated On Wed, Sep 15th, 2021 by Saurenergy Despite the addition of 5.7 gigawatts (GWdc) of solar capacity in Q2 2021, supply chain constraints are leading to price increases across every solar market segment, according to the U.S. Solar Market Insight report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, a Verisk business. This is the first time that […] Read more
A PLI Scheme For Inverters Could be a Game Changer for India Updated On Wed, Sep 15th, 2021 by Saurenergy For Fimer India, ever since it completed its acquisition of ABB’s Solar Inverter business in March 2020, it has been all about building on it in India. Present in the country since 2010, it’s not like the firm was not known brand in India. Just that they are suddenly in the top tier, with plans […] Read more
UK to Hold 4th Renewable Auction Backed by $277 M Updated On Tue, Sep 14th, 2021 by Saurenergy The UK government is allocating £200 million ($277 million) to support offshore wind projects in the fourth and biggest-ever round of its flagship renewable energy scheme. The Contracts for Difference (CfD) scheme is the UK government’s primary method of encouraging investment in low-carbon electricity. Launched in 2014, it is open to projects operating in Great Britain. It […] Read more
NZ’s Infratil To Invest in Renewable Platform In Singapore Updated On Tue, Sep 14th, 2021 by Saurenergy New Zealand-based investment firm Infratil is investing $233m in a renewable energy development platform in Singapore. The new platform will be called Gurīn Energy. Infratil CEO Jason Boyes said that “this is the 4th such platform Infratil has established to cover global growth of the sector. Infratil will own the business in partnership with the […] Read more
Tesla Builds Energy Trading Team for its Autobidder Platform Updated On Mon, Sep 13th, 2021 by Saurenergy US clean energy company Tesla is looking to build an energy trading team to trade energy capacity at its Autobidder platform, according to media reports. The EV maker is looking for a ‘Senior Energy Trading Analyst’ for its new team, as announced on LinkedIn recently. The energy trading team will support the company’s battery and renewable […] Read more
