NextEnergy’s International Solar Fund to Acquire 42.3MW Polish Portfolio Updated On Fri, Sep 17th, 2021 by Saurenergy NextPower III ESG, the international solar fund of NextEnergy Capital, has agreed to acquire a 42.3MW solar PV project portfolio in Poland, marking NPIII ESG’s first acquisition in the country. Completion is expected to occur in Q4 2021 once all assets are constructed and energised. The solar PV project portfolio has been awarded a Contract for […] Read more
Glennmont Unveils IPP to Develop 1GW Solar Power in Southern Europe Updated On Fri, Sep 17th, 2021 by Saurenergy Leading clean energy fund manager Glennmont Partners from Nuveen has launched BNZ, a new independent power producer company (IPP), to develop, build and operate solar photovoltaic (PV) projects in Southern Europe. BNZ plans to reach an installed capacity of 1GW across Italy, Portugal and Spain by 2024, of which an initial 350MW are in advanced […] Read more
Mitsubishi, Amazon to Build 450 Solar Plants Totalling 20 MW in Japan Updated On Thu, Sep 9th, 2021 by Saurenergy Japanese trading company Mitsubishi Corporation has signed a long-term corporate power purchase agreement, through which it will supply electricity to data centres owned and operated by online retail giant Amazon’s subsidiary Amazon Web Services. Facilitated by MC Retail Energy Co., Ltd., this corporate PPA represents Amazon’s first use of renewable energy in Japan. Under the agreement’s […] Read more
RWE to Procure 200 MW of Storage from LG for US Solar Project Updated On Thu, Sep 2nd, 2021 by Saurenergy German company RWE Renewables has signed contracts with South Korea-based LG Energy Solution to receive an integrated battery energy storage system (BESS) for two of RWE’s upcoming projects with co-located solar PV facilities in the U.S. “We’re delighted to join forces with LG Energy Solution to secure equipment helping us realize two important solar plus […] Read more
Denmark Invites Bids for Third Technology-neutral Tender Updated On Fri, Aug 27th, 2021 by Saurenergy The Danish Energy Agency (DEA) has invited bids for a technology-neutral tender, where solar cell systems, wind turbines, wave energy plants and hydropower plants can compete for support. This is the third such tender launched by Denmark and will back around 428 MW of renewable energy projects using DKK 1.2 billion ($189.5 million) in state funds. The […] Read more
Scotland’s Firth of Forth Net Zero Hub Key for Climate Goals: WoodMac Updated On Tue, Aug 17th, 2021 by Saurenergy The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie. “Net […] Read more
Floating Solar On A Growth Path Updated On Thu, Jul 29th, 2021 by Saurenergy In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […] Read more
With India’s Renewable Power Capacity Battle Won, Is It Time To Focus On Generation? Updated On Wed, Jul 28th, 2021 by Saurenergy In response to a query in the ongoing monsoon session of parliament, Power and MNRE Minister R.K. Singh informed the house that India’s renewable energy capacity, including installed, under installation and being tied up, stands at almost 97 GW as of June 30, 2021. This mix includes solar, wind, biomass and small hydel. Add to […] Read more
RWE Builds Hydropower Coupled 117MW Battery Storage Systems in Germany Updated On Tue, Jul 27th, 2021 by Saurenergy Essen-headquartered German multinational energy company, RWE has announced the construction of one of the largest and most innovative battery energy storage systems (BESS) in Germany. The BESS is coupled with the existing run-of-river hydroelectric power plants. The battery systems will be spread across two locations, as the company said that it will install a total […] Read more
