ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia Updated On Fri, Oct 8th, 2021 by Saurenergy Saudi Arabia’s ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD […] Read more
Aker Unveils Underwater Innovation for Floating Offshore Wind Updated On Fri, Oct 8th, 2021 by Saurenergy Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […] Read more
Servotech, 2Power to Invest €10 M to Introduce PVT Tech in India Updated On Thu, Oct 7th, 2021 by Saurenergy Indian manufacturer of LED Lights and solar products Servotech Power Systems Ltd. has announced its collaboration with German solar module company 2Power Gmbh to bring PVT Technology 2Power WP+ system in India. Through this PVT technology, now solar modules will produce electricity, heat and cooling through the adsorption process. Through this collaboration, Servotech, which recently […] Read more
Shell Inks Two Partnerships for 800 MW UK Solar Projects Updated On Thu, Oct 7th, 2021 by Saurenergy Anglo-Dutch oil and gas giant Shell has inked two deals with London-based companies for the development of utility-scale solar PV projects, totalling over 800 MW capacity, in the UK. Shell has signed a framework agreement with the renewable energy developer Island Green Power to develop solar PV projects with co-located battery storage potential, with an […] Read more
Nordex to Supply 14 Turbines for 67 MW Wind Project in Ukraine Updated On Wed, Oct 6th, 2021 by Saurenergy German turbine maker Nordex has received an order for fourteen N149/4.X turbines from its regular Turkey-based customer Eksim Holding of Istanbul for the latter’s first wind project in Ukraine. The order also includes a Premium Service contract covering a period of 15 years. The “Skole” wind farm, with a total capacity of 67.2 MW, will be built near […] Read more
World’s Largest Clean H2 Infra Fund Worth €1.5 B Established Updated On Wed, Oct 6th, 2021 by Saurenergy Air Liquide, TotalEnergies and VINCI, are teaming up with other large international companies to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to reach 1.5 billion euros and has already secured initial commitments of 800 million euros. Its objective is to accelerate the growth of […] Read more
New Electricity Rules Make Transmission Access Simpler Updated On Tue, Oct 5th, 2021 by Saurenergy The Ministry of Power (MoP) has released the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021, which are aimed at allowing power sector utilities easier access to the electricity transmission network across the country. Transmission system is the vital linkage in the power sector value chain connecting generation and demand. […] Read more
Italy Offers 3.3 GW Wind & Solar in New RE Tender Updated On Tue, Oct 5th, 2021 by Saurenergy Italy’s state energy management agency Gestore dei Servizi Energetici (GSE) has launched the country’s seventh renewable energy tender that is expected to award 3,312MW of solar photovoltaic and wind capacity. The tender was opened last week and the latest contracting process includes unallocated capacity in previous six unsubscribed auctions, totalling 2,485 MW. Italy’s sixth tender ended up […] Read more
Total Eren, Inaccess Ink Solar Monitoring Agreement Updated On Tue, Oct 5th, 2021 by Saurenergy London-based Inaccess has signed a global framework contract with Paris-based Total Eren for the support and maintenance of unity monitoring, SCADA (supervisory control and data acquisition) and PPC (power plant control) system for several Total Eren’s solar plants located in Argentina, Australia, Brazil, and Kazakhstan. The unity system optimizes the operation of modern renewable power portfolios […] Read more