EIB Backing of €400 million For Green Renewable Energy Developer Updated On Wed, Jan 3rd, 2024 by Saurenergy Greek renewable energy developer Mytilineos has secured backing from the European Investment Bank (EIB) for €400 million (US$437 million) to support its solar and battery storage development plans. Mytilineos has a broader plan for the development of 2.6GW of solar PV and storage assets across the EU through 2027. The total sum of the investment […] Read more
Emeren Reaches 1 GW Storage Milestone in Italy Updated On Tue, Jan 2nd, 2024 by Saurenergy Emeren Group Ltd , a leading global solar project developer, owner, and operator, has announced the successful sale of additional two Battery Energy Storage Systems (BESS) in Italy to Matrix Renewables (“Matrix”). This transaction follows the Company’s commitments outlined in the proprietary Development Service Agreement (DSA) signed jointly in June. Within just six months, Emeren […] Read more
Karnataka Plans To Boost Solar Energy In Buildings, Unveils Action Plan Updated On Fri, Dec 29th, 2023 by Saurenergy Karnataka has now planned to boost the usage of solar energy in its buildings. It has also planned to boost green buildings in the state. The state recently unveiled its ‘State Energy Efficiency Action Plan,’ outlining a strategic shift from conventional to solar-led electrification of buildings. The plan emphasizes the importance of BEE (Bureau of […] Read more
43 Pumped Hydro Storage Projects With 55 GW Capacity Under Survey: Govt Updated On Wed, Dec 27th, 2023 by Saurenergy Union Power Minister R.K Singh in a written reply before the Parliament stated that a total of 43 Pumped Hydro Storage Projects (PSPs) are under survey and investigation in the country. He mentioned that these projects have an aggregate installed capacity of 55,085 MW. The minister also said that a total of four PSPs are […] Read more
JSW Energy Initiates Commissioning of SECI-IX Wind Project of 810 MW Updated On Wed, Dec 27th, 2023 by Saurenergy JSW Renew Energy Limited, a subsidiary, of JSW Energy Limited has started phase-wise commissioning of the 810 MW ISTS-connected wind power project. This project was awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW. The project has a power purchase agreement with Solar Energy Corporation of India […] Read more
LG Energy Solution Vertech Secures 10 GWh ESS Project in US Updated On Fri, Dec 22nd, 2023 by Saurenergy LG Energy Solution Vertech has secured 10 gigawatt-hours (GWh) of grid-scale battery energy storage (ESS) projects in the United States for the upcoming year, capitalizing on the potential foreseen in the US ESS market. This 10 GWh initiative encompasses the development of 10 integrated battery energy storage systems. The collective impact of these installations will […] Read more
JinkoSolar Delivers 42 MWh Storage System In Yunnan Updated On Thu, Dec 21st, 2023 by Saurenergy JinkoSolar has delivered 42MWh of its flagship liquid cooling energy storage SunTera to Power China’s the Xiaoheima PV+Storage project in Yunnan, China, which will be commissioned in 2024. This solar plus storage system is to ensure a stable and reliable electricity grid. As a result of patent designed liquid cooling, the temperature differences among cells […] Read more
European Union Invests €2 Billion In Clean Energy Infrastructure Projects Updated On Thu, Dec 21st, 2023 by Saurenergy The European Union (EU) recently disbursed modernization fund, of €2.17 billion to help the energy within nine Member States through 19 selected projects. These investments are set to help lower-income EU countries to meet their 2030 climate and energy targets. It will help to reduce greenhouse gas (GHG) emissions in energy, industry and transport, and […] Read more
Vinayak Kathare Joins Log9 Materials As Vice President, Stationary Energy Systems Updated On Tue, Dec 19th, 2023 by Saurenergy Vinayak Kathare has joined Log9 Materials as its new Vice President of Stationary Energy Systems. Headquartered in Bengaluru, Log9 Materials delves in batteries and energy storage solutions. Vinayak Kathare brings a wealth of experience in the renewable energy industry. His background includes heading new initiatives for one of India’s leading renewable energy firms. The firm […] Read more
