South Korea’s Battery Majors LG Energy & Hanwha Explore Partnership for BESS Updated On Mon, Jan 16th, 2023 by Saurenergy South Korean firms LG Energy Solution and Hanwha, global giants in the world of global battery and renewable energy technology, are looking to set up battery storage centric manufacturing facilities. The units will be established in the US. The said firms have entered into a partnership to make headways into US battery energy storage system […] Read more
Engie Acquires 1,250 MW Solar & Storage Projects in US from Revolve Renewable Power Updated On Fri, Jan 13th, 2023 by Saurenergy Engie has acquired the 250 MW Parker Solar and Storage Project, and the 1,000 MW Bouse Solar and Storage Project from Revolve Renewable Power. The announcement has been made by Revolve Renewable Power and the projects have been sold to Engie IR Holdings LLC that is a wholly owned subsidiary of Engie. The two companies […] Read more
Finland’s Wind Energy Saw 75% Surge in 2022 Updated On Fri, Jan 13th, 2023 by Saurenergy As per the Finnish Wind Energy Association (FWPA), the wind power capacity of Finland witnessed a 75% surge in 2022. Of this, nearly half of it was owned by Finland domestically. “Wind power is now increasing our country’s energy self-sufficiency at a really good pace – just when new and affordable electricity production is most […] Read more
MNRE Does Away With Reverse Bidding For Wind Energy, Targets 8 GW Tenders Every Year Updated On Fri, Jan 13th, 2023 by Saurenergy A new directive from the Ministry of New And Renewable Energy (MNRE) has confirms a long pending demand of the wind energy sector in India. The central government is looking to issue tenders inviting bids for 8-GW of wind power projects every year until the end of this decade (2030). The directive said that there […] Read more
Guwahati Signs INR 2000 Cr MoU for 250 MW/500 MWh Battery Energy Storage System Updated On Thu, Jan 12th, 2023 by Saurenergy ONGC Tripura Company Ltd and Assam Power Distribution Company Ltd have joined forces for the development of a Battery Energy Storage System Project of 250 MW / 500 MWh capacity in Guwahati. Valued at INR 2000 Cr, the project will be executed in a phased manner. The agreement was signed in the presence of Nandita […] Read more
UK’s Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey Updated On Tue, Jan 10th, 2023 by Saurenergy The United Kingdom-based Hive Energy has said that it will be investing $4 billion for the development of solar power projects with energy storage facilities in Turkey. As per reports, the firm will be constructing the projects through joint ventures with two partners based out of Turkey itself. Hive Energy is headquartered in Hampshire in […] Read more
Brazil’s WNI Smart Energy to Switch on 15 Solar Plants Updated On Tue, Jan 10th, 2023 by Saurenergy Brazilian firm WNI Smart Energy, which is the solar arm of Curitiba’s WNI Technology Group, is looking to set in motion 15 new solar plants in Brazil this quarter. The WNI Group provides energy solutions and smart energy by way of photovoltaic systems among other businesses. The WNI Smart Energy arm of the Group offers […] Read more
Domestic Manufacturing, Energy Equity, Green Hydrogen & Others: 5 Trends to Define US Energy Market in ’23 Updated On Mon, Jan 9th, 2023 by Saurenergy A report released by Deloitte entitled, ‘2023 Renewable Energy Industry Outlook’ has provided an insight into the trends that will define the US RE market this year. 2022, the report states, the renewable energy growth in the US market saw a slowdown because on increasing costs and delays in project. Some of these trends, the […] Read more
Tamil Nadu Energy Development Agency Calls for 20 MW Rooftop Solar Bids Updated On Fri, Jan 6th, 2023 by Saurenergy A new tender for the installation and commissioning of 20 MW of grid-connected rooftop solar systems has been issued by the Tamil Nadu Energy Development Agency (TEDA). As per the notification, the installation will come on government buildings, state-run industrial facilities and educational institutions of Tamil Nadu. The developers can submit their bids by February 15, […] Read more
