Batteries Better Than Gas at Meeting Australia’s Future Peaking Needs Updated On Thu, Apr 15th, 2021 by Saurenergy In September last year, the Scott Morrison-led Australian government had announced that it was setting a target for the electricity sector to reach final investment decisions by the end of April 2021, towards delivering 1000 MW of new dispatchable energy by summer 2023-24, so that the coal-fired Liddell power station could be closed down in […] Read more
Talen Energy Forms JV with Pattern Energy to Grow Renewables Infrastructure Portfolio Updated On Wed, Apr 14th, 2021 by Saurenergy Talen Energy Corporation (“Talen”) announced today that it has entered into a joint venture with Pattern Energy Group LP (“Pattern Energy”) named “PT Energy Transitions” to pursue the development, financing, construction and operation of approximately 1.4 Gigawatts of utility scale renewable energy projects over the next five years. PT Energy Transitions will benefit from the collective strengths of its […] Read more
Statkraft Completes Second Irish Energy Storage Project Updated On Fri, Apr 9th, 2021 by Saurenergy The Norwegian utility entered a contract with EirGrid and has commenced providing reserves to the national electricity grid in the event of a sudden drop-off in supply. Statkraft Ireland Managing Director, Kevin O’Donovan said “we are delighted to have completed construction of our second battery project just one year after we energised Kilathmoy, the first […] Read more
Adani Electricity Bringing Renewable Power to Mumbai Updated On Thu, Apr 8th, 2021 by Saurenergy Mumbai’s largest electricity distributor, Adani Electricity Mumbai Limited (AEML) will play a pivotal role in Mumbai’s transition towards green energy. To enable all customers to achieve their targets and aspirations for renewable energy, AEML is launching Mumbai Green Energy Initiative. Under this program, customers will have the flexibility to set their own targets for renewable […] Read more
Wärtsilä Selected by RWE for 80 MWh Energy Storage Project Updated On Wed, Apr 7th, 2021 by Saurenergy Wärtsilä has bagged the award of a 40 MW / 80 MWh DC-coupled solar plus storage system in Georgia, USA from RWE Renewables. The technology group Wärtsilä has bagged the award of a contract to supply an engineered equipment delivery (EEQ) of a 40 MW / 80 MWh DC-coupled solar plus storage system to the […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
Ørsted Commences Construction of its Largest Onshore Project Updated On Tue, Mar 30th, 2021 by Saurenergy Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […] Read more
Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
Chinese NEV, HEV Sales to Rise Over 15-fold by 2035: WoodMac Updated On Thu, Mar 25th, 2021 by Saurenergy Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie. In the latest Energy-saving and New Energy Vehicle Technology Roadmap 2.0, China aims to phase out conventional internal combustion engine […] Read more
