Neoen Doubles Australian Battery Size, Citing ‘Market Opportunities’ Updated On Tue, Dec 14th, 2021 by Saurenergy French developer Neoen, the firm behind the original ‘big battery’ at Hornsdale Power reserve where is used Tesla batteries, has just expanded its bet on Australia. The firm has announced the doubling of its newest big battery production to 100MW/200MWh in the Australian Capital Territory (ACT). Neoen has emerged as a major storage player on […] Read more
Singapore’s Keppel Corp to Buy Majority Stake in Shell-backed Cleantech Updated On Tue, Dec 14th, 2021 by Saurenergy Cleantech Solar, a Singapore-headquartered renewable energy to corporates, announced today that a consortium of Keppel Corporation Limited (Keppel), Keppel Asia Infrastructure Fund LP (KAIF) and a co-investor of KAIF, through Cloud Alpha Pte Ltd, is acquiring a 51% equity interest in Cleantech Renewable Assets Pte. Ltd. from Cleantech Energy Corporation Pte. Ltd. The remaining 49% […] Read more
Serbia to Develop 11.3 GW of Solar and Wind Power Projects Updated On Tue, Dec 14th, 2021 by Saurenergy Serbia has released its draft program of economic reforms for the period 2022-2024, which envisages the implementation of state projects for the construction of wind farms with a capacity of 3,000 megawatts (MW) and solar power plants with a capacity of 8,300 MW. Serbia drafts the economic reforms program every year as a candidate country […] Read more
AGEL Signs 4667 MW PPA, Manufacturing Linked Project Moves Into High Gear Updated On Tue, Dec 14th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. The firm claims this is the world’s largest ever green power purchase agreement. It also marks decisive movement on the 8000 MW […] Read more
The US Doubles Down On Energy Storage Capacity Updated On Mon, Dec 13th, 2021 by Saurenergy The market for energy storage in US is making big strides, driven by the record growth in the past year even though Covid pandemic upset the momentum of various other industries across the world. Renewable storage market has rather been holding up the country’s economic prospects. Over the year 2020, 1,464 MW/3,487 MWh of new […] Read more
Simple Energy to Invest ₹2500 cr to Build Electric 2w Facility in Tamil Nadu Updated On Fri, Dec 10th, 2021 by Saurenergy Simple Energy, a manufacturer of electric scooters, has signed a memorandum of understanding (MoU) with the Tamil Nadu government to invest up to ₹2,500 crore to build the largest electric two-wheeler plant in Dharmapuri – a city in the western part of the state. The first plant of 2 lakh square feet is being constructed […] Read more
India’s 2030 Climate Targets are ‘achievable’ through Renewables: Says LBNL 2030 Updated On Fri, Dec 10th, 2021 by Saurenergy There is no doubt that India is in midst of an energy transition, with important social and economic implications depending on the pathways that are chosen. A Lawrence Berkeley National Laboratory (LBNL) study, under the US Department of State evaluated in-depth India’s future power investments. Giving a promising outlook on India’s future power system investments, […] Read more
Iberdrola, H2 Green Steel Join Global Push for Green H2 Electrolyser Mfg Updated On Fri, Dec 10th, 2021 by Saurenergy Iberdrola and H2 Green Steel have signed an agreement to build and operate a green hydrogen plant with an installed capacity of 1 GW and an estimated investment of 2.3 billion euros, financed through a combination of public funds, green project financing instruments and own funds. The new plant will power with clean fuel a direct […] Read more
MNRE Gets Approval For Rs 454 Crore Spends To Support Renewables for the Next 5 Years Updated On Fri, Dec 10th, 2021 by Saurenergy The approvals, covering the period 2021-22 to 2025-26, have all been communicated this week. Covering the areas of supporting research and development (Rs 228 crores), Public Awareness (Rs 26 crores) and Human Resources Development ( Rs 200 crores), the idea is to provide the MNRE with funds to achieve key objectives. While readers will be […] Read more
