European Investment Bank to Support EU Communities with US$10 Billion Updated On Tue, Sep 13th, 2022 by Saurenergy The European Commission (EC) and the European Investment Bank (EIB) have decided to contribute €10 billion (US$10.1 billion) in support of areas most impacted by the transition away from fossil fuels as the continent struggles with how to decarbonize without leaving communities behind amid a severe energy crisis. The Public Sector Loan Facility, the third […] Read more
Bharti Airtel Collaborates on Fuel Cell Technology with Bloom Energy Updated On Tue, Sep 13th, 2022 by Saurenergy Recently, Bharti Airtel announced that its subsidiary Nxtra Data Limited had teamed up with Bloom Energy to install low-environmental impact fuel cell systems at its data centers in Karnataka. This will help reduce carbon emissions by providing a cleaner, hydrogen-ready fuel source and reduce energy consumption. According to a statement from Bharti Airtel, Nxtra will […] Read more
Aquila Clean Energy to Invest EUR 2 Bn for 2.6 GW RE Projects Updated On Fri, Sep 9th, 2022 by Saurenergy Aquila Clean Energy EMEA, the clean energy development platform in Europe of Aquila Capital, has announced that it has closed a EUR 1 billion construction facility, supported by the InvestEU programme. The financing is to support development and construction of Aquila Clean Energy’s entire renewable energy pipeline in Spain and Portugal over the next three […] Read more
WEnergy Global & Partners Win Biggest Tender for Power Grids in Philippines Updated On Fri, Sep 9th, 2022 by Saurenergy Singapore’s WEnergy Global, jointly with Maharlika Clean Power Holdings and Clean Grid Partners, collectively referred to as the Maharlika Consortium, through their Special Purpose Vehicle, Archipelago Renewables Corporation, has signed a Qualified Third Party (QTP) Service Contract to energize over 7,100 households and 300 small local businesses through 16 microgrids spread over 14 barangays in […] Read more
Adani Announces Three Gigafactories as Part of $70 Billion Investment Updated On Thu, Sep 8th, 2022 by Saurenergy The Chairman and Founder of Adani Group, Gautam Adani has said that his company, Adani Group, will be investing in the construction of three giga-factories that will manufacture key equipment required for the expansion of renewable energy. The three gigafactories will be part of the $ 70 billion investment by the group in clean and […] Read more
The Top 5: Largest Battery Energy Storage Systems Worldwide Updated On Thu, Sep 1st, 2022 by Saurenergy As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […] Read more
Explained: The Arrival Of Big Batteries For Energy Storage Updated On Tue, Aug 30th, 2022 by Saurenergy Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […] Read more
QatarEnergy Awards EPC Contract to Samsung for Mega-Solar Power Plants Updated On Thu, Aug 25th, 2022 by Saurenergy State-owned petroleum company QatarEnergy has awarded an Engineering, Procurement and Construction (EPC) contract for the industrial cities solar power project (IC Solar) to South Korean construction and engineering giant Samsung C&T. Under the contract, Samsung C & T will set up two photovoltaic (PV) solar power plants with a combined capacity of 875 MW. The […] Read more
IRENA Report on Scenarios for The Energy Transition Updated On Mon, Aug 22nd, 2022 by Saurenergy IRENA has published this research report titled “Scenarios for the Energy Transition: Experience and good practices in Latin America and the Caribbean.” In this research report, examples of this type that were discussed during the webinar series “Long-Term Energy Scenarios (LTES) for Developing National Clean Energy Transition Plans in Latin America and the Caribbean” are […] Read more
