Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm Updated On Sun, Apr 23rd, 2023 by Saurenergy Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […] Read more
Wartsila Wins Contract For Delivering Australia’s Largest Energy Storage Project Updated On Thu, Apr 20th, 2023 by Saurenergy Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australia’s largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems. These Eraring batteries will be stationed at Origin’s Power […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
Greenvolt Wins 100 MW of Germany’s First Highly Competitive Solar Auction of 2023 Updated On Tue, Apr 18th, 2023 by Saurenergy Germany recently put out the first arge-scale solar capacity auction for the year 2023. Renewable energy firm Greenvolt Group, through its subsidiary MaxSolar, won 5% of the capacity put up for bidding. It will now be looking at the development of close to 100 MW in large-scale solar projects in the country. The Federal Grid […] Read more
Solar Curtailment By Czech, Israeli Authorities Places Focus on Storage For Grid Updated On Mon, Apr 17th, 2023 by Saurenergy In the past week, two interesting incidents have showcased the strong need to prepare grids for solar power as it increases its share from barely 5% currently. Taken along with Wind, this share is supposed to hit 40% plus by 2040. What we are seeing instead is issues with grid integration, be it Australia, Israel […] Read more
In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation Updated On Thu, Apr 13th, 2023 by Saurenergy Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […] Read more
Robotic Cleaning Represents Only 1-2% Of overall Capex, But Can Be Decisive: Amit Singla, Ecoppia India Updated On Wed, Apr 12th, 2023 by Saurenergy Israeli firm Ecoppia offers AI, data-driven robotic solar panel cleaning solutions. It claims to have deployed 3,900 MW of projects, over 10.5 mn autonomous cleaning sessions and cleaned over 9.24 bn solar panels. The firm, which has a global presence, is expanding operations in India. Some of the firm’s clients from India include NTPC, Azure […] Read more
Neogen to Acquire Electrolytes Manufacturing Technology from Japanese Firm Updated On Tue, Apr 11th, 2023 by Saurenergy Neogen Chemicals has today signed an agreement with MU Ionic Solutions Corporation, Japan to step up its manufacturing capabilities. Neogen claims to be one of India’s leading manufacturers of Bromine-based and Lithium-based specialty chemicals. As per the terms of the agreement, Neogen will obtain the license from MUIS for proprietary and confidential manufacturing technology for […] Read more
Ryse Energy Raises $15 Million in Growth Capital Round Updated On Tue, Apr 11th, 2023 by Saurenergy Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […] Read more
