Solar Hybrid Systems Firm Zola Electric Raises $90 million Updated On Fri, Sep 24th, 2021 by Saurenergy ZOLA Electric, the Amsterdam, Netherlands-based renewable energy technology company solving Energy Access and Energy Equality in emerging markets, has announced the successful completion of a $90 million capital raise, comprised of $45 million of equity, $45 million of debt. The firm has a strong footprint in Africa for now, with its ZOLA flex plug-and-play, connected, […] Read more
LG Energy Solution Takes Over US-based NEC Energy Solutions Updated On Wed, Sep 22nd, 2021 by Saurenergy South Korean lithium-ion battery manufacturer LG Energy Solution (LG ES) has acquired US-based sector player NEC Energy Solutions from NEC Corporation for an undisclosed sum. The news was unveiled on Friday by BDA Partners, which served as the exclusive financial advisor to LG on the transaction. Japan’s NEC Corporation has transferred all shares in NEC Energy […] Read more
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
Assam Continues Focus on Off Grid Solar Systems With Tender for 71,999 Systems Updated On Wed, Sep 15th, 2021 by Saurenergy Assam, faced with challenges of terrain and delivering power to some of the more inaccessible parts of the state, has tried to emulate the Bangladesh example, using solar systems in a big way to ensure energy access for its people. The latest move is a tender by the Assam Power Distribution Company Limited (APDCL), inviting […] Read more
Vistra’s Moss Landing Storage Facility Offline Post “Overheating Incident” Updated On Tue, Sep 14th, 2021 by Saurenergy Texas-based energy company Vistra Corp has begun its preliminary assessment of Phase I (300 megawatts) of its Moss Landing Energy Storage Facility in California following an “overheating incident” that occurred on the evening of Sept. 4 and rendered Phase I of the facility out of service. Teams from Vistra, battery manufacturer LG Energy Solution, engineering […] Read more
Spanish Firm Designs System To Maximize RE In Commercial Buildings Updated On Thu, Sep 9th, 2021 by Saurenergy Spain-based Wallbox has unveiled Sirius: an innovative energy management solution designed to maximize use of renewable energy in commercial buildings. Representing a big shift from the traditional one-direction flow of electricity from the grid to the building, Sirius is capable of managing various energy sources and will automatically choose the greenest or cheapest one available […] Read more
GESCL Floats 35 MW/57 MWh Solar+Storage EPC Tender Updated On Wed, Sep 8th, 2021 by Saurenergy The Gujarat State Corporation Limited (GESCL) has issued a Request for Proposal (RfP) to appoint contractors for the design, engineering, installation, construction, commissioning & operation and maintenance of a 35 MW (AC) solar PV grid-connected power plant along with a minimum 57 MWH battery energy storage system, with 12 years O&M, at its Kutch Lignite Thermal Power […] Read more
EDF, California Community Group Sign 300 MW Solar+Storage PPA Updated On Tue, Sep 7th, 2021 by Saurenergy EDF Renewables North America (EDFR) and Clean Power Alliance (CPA) have signed a 15-year Power Purchase Agreement (PPA) for the Desert Quartzite Solar-plus-Storage project, which consists of of a 300 megawatt (MWac) solar project coupled with a 600 MWh battery energy storage system (BESS). The project is expected to begin delivery of clean electricity to […] Read more
Hungarian Village Gets Mobile Energy Storage Unit Updated On Mon, Sep 6th, 2021 by Saurenergy German electric utility E.ON has been developing large-scale mobile and flexible battery storage systems (BESS) in Hungary to facilitate the integration of new green power plants into existing grids at short notice. Last week the company connected the third such mobile storage system to the local distribution grid in Dúzs. The move was part of the EU-funded […] Read more
