Bulgaria May Add 4.9 GW of Renewable Energy by 2031 Updated On Wed, Mar 30th, 2022 by Saurenergy According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […] Read more
Sungrow Expands UK Presence With 362 MW/391 MWh Storage Project For Statera Updated On Tue, Mar 29th, 2022 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, announced that the company’s project with Statera Energy, a market leader in the provision of flexibility to the UK grid, to supply a 362 MW/391 MWh energy storage project in the UK is on schedule. The first phase of the project was grid-connected in Q1, 2022, […] Read more
Director – ERP Global Deployment Updated On Mon, Mar 21st, 2022 by Saurenergy The Director – ERP Global Delivery is accountable for project management, planning, and execution to deliver a project portfolio consisting of parallel tracks of execution to enable the consolidation of two Tier 2 Renewables businesses (OnShore Wind and Offshore Wind) into a single strategic Oracle EBS R12 ERP platform. Upon completion of the ERP roadmap, […] Read more
Tamil Nadu to Add 20,000MW Solar Power by 2030 Updated On Mon, Mar 14th, 2022 by Saurenergy The Tamil Nadu Generation and Distribution Corporation (Tangedco) plans to spend about Rs 70,000 crore across Tamil Nadu to install 20,000 megawatt (MW) capacity of solar power plants by 2030. The DISCOM has come out with a tender inviting consultants for the project. A solar plant with a capacity of 1,000MW will be built by […] Read more
£10 M funding competition launched to strengthen net zero technologies Updated On Fri, Mar 11th, 2022 by Saurenergy The Net Zero Technology Centre has announced the launch of its 2022 Open Innovation Programme, aimed at developing and deploying technologies that will reduce offshore emissions, accelerate clean energy production, and enable delivery of the UK’s net zero ambitions. The 2022 programme will feature two funding competitions – the first opening on 16th March and […] Read more
Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio Updated On Thu, Feb 24th, 2022 by Saurenergy Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […] Read more
China’s RE Boom Year Poses Challenges to Western Markets: WoodMac Updated On Thu, Feb 17th, 2022 by Saurenergy China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie. China’s need to meet soaring […] Read more
RES Diversifies Asset Management Business Through Blueshore Acquisition Updated On Mon, Feb 7th, 2022 by Saurenergy UK-based RES, has announced the acquisition of Australia based Blueshore, an asset management business with 1.6GW of assets under management. The move doubles RES’ asset management portfolio in Australia to over 3GW. Blueshore provides commercial, technical and financial asset management services for solar and wind energy assets alongside the provision of portfolio management services to […] Read more
Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […] Read more
