Battery Firm ESS to be Publicly Listed; Value Expected to Cross $1 Bn Updated On Mon, May 10th, 2021 by Saurenergy ESS Tech, a manufacturer of iron flow batteries has entered into an agreement that will result in it becoming a publicly listed company. ESS Tech, a manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and ACON S2 Acquisition, a publicly traded special purpose acquisition company, have announced they have entered […] Read more
Atlas Secures Finance for 359 MW Solar Project in Brazil Updated On Fri, May 7th, 2021 by Saurenergy Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […] Read more
IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6 Updated On Thu, May 6th, 2021 by Saurenergy London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […] Read more
EDF Renewables NA Bags Three Solar Contracts From NYSERDA Updated On Thu, May 6th, 2021 by Saurenergy San Diego-headquartered independent power producer EDF Renewables North America announced yesterday that the company was awarded long-term contracts for three solar projects by New York State Energy Research and Development Authority (NYSERDA) as part of the 2020 Renewable Energy Standard Solicitation. Combined, the projects are expected to deliver a total of 303 MW of clean […] Read more
V2G EV Battery Swapping Station: Boosters for Distribution System Reliability Updated On Thu, May 6th, 2021 by Saurenergy This is the era of socio-economic growth. To drive this growth, we need environmental sustainability to go hand-in-hand with the rising energy needs. Since EVs are a cleaner and safer alternative to conventional vehicles, they will have to be adopted on a mass level to meet the future mobility requirements. This is the vision enshrined […] Read more
Brookfield Renewable Announces Strong First Quarter Results Updated On Wed, May 5th, 2021 by Saurenergy Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […] Read more
LONGi to Supply 600 MW Modules for JV With Engie Updated On Mon, May 3rd, 2021 by Saurenergy Xi’an-headquartered major solar PV manufacturer LONGi recently announced the signing of a framework agreement with Engie Solar (Engie Group), a French multinational electric utility company. To kickstart the process, 600 MW of the Chinese manufacturer’s high efficiency PV modules have been committed for projects in several geographies. Dennis She, Senior Vice President of LONGi Solar, commented, “LONGi […] Read more
Seven Key Principles for Implementing ‘Net-Zero’ Emissions: IEA Updated On Fri, Apr 30th, 2021 by Saurenergy The International Energy Agency (IEA) presented ‘The Seven Key Principles for Implementing Net Zero’ at the IEA-COP26 Net Zero Summit, held last month, which were then adopted by many IEA Member Countries to guide the implementation of net zero commitments. Over 120 countries have so far announced their intention to bring emissions to net zero […] Read more
NYSERDA to repurpose former Benson mine into 20 MW solar plant Updated On Wed, Apr 28th, 2021 by Saurenergy Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in […] Read more