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
Denmark, Germany to Develop Bornholm Energy Island of 3 GW Updated On Tue, Aug 30th, 2022 by Saurenergy The Danish Government has said that it will increase the energy producing capacity at the Bornholm Energy Island in the Baltic Sea by 1 GW (increasing it from 2 GW to 3 GW) and the power will be transferred to the German grid. This is happening because the government has signed two political pacts taking […] Read more
IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects Updated On Tue, Aug 30th, 2022 by Saurenergy Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […] Read more
CEA Report: Prices for Polysilicon & Solar Modules Will Start to Fall in 2023 Updated On Tue, Aug 30th, 2022 by Saurenergy According to data by Clean Energy Associates (CEA), solar module prices for foreign markets are anticipated to decline in parallel with predicted decreases in polysilicon prices as of 2023. Due to higher-than-anticipated European purchase volumes and constrained polysilicon supplies, the quality assurance and supply chain management company disclosed that module costs that had gone up […] Read more
China-Based LONGi Ships 18GW+ of Modules in The First Half of the Year Updated On Mon, Aug 29th, 2022 by Saurenergy Leading manufacturer of solar modules, LONGi, based in China, has revealed financial figures for the first half of the year. As per the manufacturer, LONGi Green Energy, a member of the Solar Module Super League (SMSL), exported 39.62 GW of monocrystalline silicon wafers. Out of all, 19.47 GW were used internally and 20.15 GW were […] Read more
Electric Utility Company Iberdrola To Commission 1,400 MW of New Solar Power Updated On Mon, Aug 29th, 2022 by Saurenergy Spanish utility firm Iberdrola has announced that it will add 1,400 MW of new solar power in Spain in the coming months. As per the official statement, Iberdrola is currently executing 12 photovoltaic projects, with a combined installed capacity of 550 MW, half of them located in Extremadura, where Iberdrola is building the Almaraz I […] Read more
Poland’s PGE & Denmark’s Ørsted Select Contractor For Baltica Wind Farm Updated On Mon, Aug 29th, 2022 by Saurenergy Polska Grupa Energetyczna, Polish utility, and Ørsted, Danish RE player, have selected a consortium of Ramboll Polska and Projmors Maritime Construction Design Office as contractors in order to prepare the construction of the 2.5 GW Baltica 2 and 3 offshore wind farms in Poland. The consortium represents a blend of global and local players. The […] Read more
US Based Lunar Energy Raises $300 Mn To Expand RE Solutions Updated On Mon, Aug 29th, 2022 by Saurenergy Global clean energy player, Lunar Energy has announced that it has raised $300 million in funding over two rounds by Sunrun, the USA’s leading residential solar and battery storage provider, and South Korea’s SK Group. Furthermore, Lunar said that it also acquired Moixa, the leading global software company for distributed energy resources (DER) management. ITOCHU […] Read more
E-bike Start-up Ultraviolette Automotive Raises Series D Round Funding Updated On Fri, Aug 26th, 2022 by Saurenergy Ultraviolette Automotive, an electric bike manufacturer supported by TVS Motors, has announced that it has secured finance from Exor Capital, which was for an unknown sum. The latest investment, which comes before the country introduces the company’s fast e-bike F77, is claimed to be a part of the current Series-D round of fundraising led by […] Read more
