Battery Firm ESS to be Publicly Listed; Value Expected to Cross $1 Bn Updated On Mon, May 10th, 2021 by Saurenergy ESS Tech, a manufacturer of iron flow batteries has entered into an agreement that will result in it becoming a publicly listed company. ESS Tech, a manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and ACON S2 Acquisition, a publicly traded special purpose acquisition company, have announced they have entered […] Read more
As RE Continues to Expand, India’s Battery Storage Market a Sleeping Giant: IEEFA Updated On Mon, May 10th, 2021 by Saurenergy Grid integration of large-scale variable renewables will be one of India’s biggest challenges as it aspires to decarbonise its power economy through deployment of 450 gigawatts (GW) of renewable energy (RE) by 2030. Reaching this target from the current installed renewable capacity of 93 GW will require average annual renewable capacity additions of ~35 GW. […] Read more
IEX: 90% YoY growth in electricity market; 7707 MU trade in April 2021 Updated On Fri, May 7th, 2021 by Saurenergy Great news has come from the electricity market at the Indian Energy Exchange as it began the new fiscal year 2022 with 7707 MU volume in April 2021, achieving a 90.2 per cent year-on-year growth, much like its notable performance in the last fiscal year. Considering the power demand data published by the National Load Dispatch […] Read more
Fusion Fuel Green Partners With CCC to Develop Hydrogen Plant Updated On Fri, May 7th, 2021 by Saurenergy The world is running after clean energy sources, and green hydrogen has evolved as one of the best possible sources of fuel or electricity. A green hydrogen technology company, headquartered in Ireland, Fusion Fuel Green PLC has announced that it has partnered with Consolidated Contractors Group S.A.L. (CCC), to develop a green hydrogen plant in […] Read more
Atlas Secures Finance for 359 MW Solar Project in Brazil Updated On Fri, May 7th, 2021 by Saurenergy Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […] Read more
Vestas Wins 212 MW Order in Brazil, Surpasses 5 GW in Order Intake of 4.2 MW Turbines in the Country Updated On Fri, May 7th, 2021 by Saurenergy Vestas has signed a new agreement with Omega Energia for the 212 MW Assuruá 4 project, located in the cities of Gentio do Ouro and Xique-Xique, in Bahia. The order includes 47 V150-4.2 MW wind turbines delivered in 4.5 MW Power Optimised Mode as well as a 10-year Active Output Management 5000 (AOM 5000) service […] Read more
Siemens Gamesa Confirmed as Supplier for 1044 MW Offshore Wind Projects Updated On Fri, May 7th, 2021 by Saurenergy The collaboration between Siemens Gamesa Renewable Energy and Hai Long Offshore Wind Project (Hai Long) has been extended to 1044 MW. The strong collaboration between Siemens Gamesa Renewable Energy and customer Hai Long Offshore Wind Project (Hai Long) has been extended to 1,044 MW. Siemens Gamesa’s largest offshore agreement in Taiwan to date now covers […] Read more
Equinor Ties up With Eni’s Norwegian RE Firm for Floating Wind Projects Updated On Fri, May 7th, 2021 by Saurenergy Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Through a collaboration agreement Equinor and Vårgrønn a Norwegian renewable energy […] Read more
ARENA Allocates Over $100 mn for Australia’s 1st Large-scale H2 Plants Updated On Thu, May 6th, 2021 by Saurenergy The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government, announced yesterday its conditional approval of $103.3 million towards three commercial-scale renewable hydrogen projects, as part of its Renewable Hydrogen Deployment Funding Round. The three successful projects are: 1. Engie Renewables Australia Pty Ltd (Engie), which will receive $42.5 million towards a 10 MW […] Read more
