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
UK Charts Course for Net Zero North Sea: WoodMac Updated On Fri, May 7th, 2021 by Saurenergy Ambitious transition deal sets tough targets as UKCS players face tricky balancing act The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry’s capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050. A significant opportunity exists to create a supply […] 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
LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW Updated On Fri, May 7th, 2021 by Saurenergy A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity. The solar facilities are being acquired by LS Power affiliate, Quattro […] 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
StoreDot Joins Pioneering Research Mission on ISS to Test Extreme Fast Charging in Space Updated On Thu, May 6th, 2021 by Saurenergy StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces that together with the Israeli Electric Company (IEC) it has been approved by NASA to conduct the first space-based research and development program into new battery materials. As part of the Israel Space Agency and The Ramon Foundation’s pioneering […] Read more
Equinor Acquires Polish RE Firm Wento With 1.6 GW Solar Portfolio Updated On Thu, May 6th, 2021 by Saurenergy Equinor will buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors Equinor has completed an agreement to buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors for EUR 91 million in enterprise value, before customary […] Read more
