Jakson Group Launches New Battery Energy Storage System Updated On Wed, Sep 22nd, 2021 by Saurenergy Jakson Group, a Noida-based energy and infrastructure company, has launched EnerPack, a new battery energy storage system (BESS), to help mitigate climate change and facilitate unhindered supply of green power. This product provides carbon-free clean power and enables uninterrupted silent power supply while significantly reducing costs, said the company. Equipped with a hybrid inverter, lithium-ion […] 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
Battery Resourcers Secures $70 M to Expand Recycling Tech Updated On Wed, Sep 22nd, 2021 by Saurenergy Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the closing of its latest mid-round funding totalling $70 million. The company will use this latest funding round to advance and expand its sustainable, cutting-edge closed loop material production technology that accepts mixed input of scrap batteries and end of life batteries […] Read more
Broad Reach Invests in 118MW Energy Storage Equipment of SYL Battery Updated On Tue, Sep 21st, 2021 by Saurenergy Broad Reach Power has invested in 118-megawatt-hour (MWh) energy storage equipment from SYL Battery to support the Cascade Energy Storage project in Stockton, California. Broad Reach Power is an independent power producer based in Houston which owns a 13-gigawatt portfolio of utility-scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas. […] Read more
Manager/Sr Manager – Finance Updated On Mon, Sep 20th, 2021 by Saurenergy Plan complete life cycle of fund raising to financial closure for new or M&A project. Coordinate with Banks, financial Institutions and consultants to arrange syndication of and raise funds from various financial institutions / Banks / lease finance companies. Arrange working capital and term loan from banks and FIs. Prepare techno-commercial feasibility report for the […] Read more
Geothermal Power Push Points to Record Well Count in 2021: Rystad Updated On Mon, Sep 20th, 2021 by Saurenergy Renewed interest in the geothermal sector in recent years, which has seen oil and gas majors make investments in numerous startups, is set to see a new record in the number of wells drilled for power generation, surpassing 200 this year for the first time. Spending on geothermal activity is expected to boom in the […] Read more
bp, ADNOC and Masdar Partner for Green Solutions for UK & UAE Updated On Mon, Sep 20th, 2021 by Saurenergy bp, ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy, creating potentially thousands of energy jobs, said a joint statement last week. The first agreement would see the companies collaborate to initially develop 2GW of low carbon hydrogen across hubs […] 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
Vineyard Wind Raises $2.3 B for 800 MW Wind Project in Atlantic Ocean Updated On Fri, Sep 17th, 2021 by Saurenergy Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), has achieved financial close for its first project, raising $2.3 billion of senior debt for the construction of an 800 MW offshore wind farm in U.S. federal waters in the Atlantic Ocean. Nine international and U.S. based banks helped […] Read more