Total Eren Secures Financing for 100 MW Solar Project in Uzbekistan Updated On Tue, May 11th, 2021 by Saurenergy Total Eren has successfully signed the financing documentation for its solar photovoltaic project Tutly with 100 MWac capacity in Uzbekistan Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it has successfully signed the financing documentation related to its solar photovoltaic (PV) project Tutly with 100 MWac capacity. […] Read more
ACWA Power Achieves Financial Close on 100 MW CSP Plant in South Africa Updated On Tue, May 11th, 2021 by Saurenergy ACWA Power has announced the commencement of construction on the 100 MW Redstone CSP project following the achievement of financial close. ACWA Power, a leading Saudi developer and the lead shareholder in the Redstone concentrated solar power (CSP) plant, has announced the commencement of construction on the 100 MW Redstone project following the achievement of […] Read more
Largo Resources Picks Site for 1.4 GWh Battery Plant Updated On Mon, May 10th, 2021 by Saurenergy Toronto based vanadium battery maker, Largo Resources Ltd. has announced the development of its clean energy divisions by securing the plant site for its 1.4 GWh battery manufacturing facility and product development center in Massachusetts, U.S. Largo Clean Energy has been looking to expand the capacity of its VCHARGE± vanadium redox flow battery (VRFB) systems. […] Read more
European Comm Approves Germany’s Problematic RE Law: WindEurope Updated On Mon, May 10th, 2021 by Saurenergy Last week the European Commission approved the latest amendments to the German Renewable Energy Act. This means Germany can now publish the results of its last onshore wind auction, and work on the relevant wind farms can start. But the Commission have set an unhelpful precedent by approving a new mechanism in the Act which […] Read more
Lightsource bp Acquires Solar Projects Totalling 156 MWp in Italy Updated On Mon, May 10th, 2021 by Saurenergy Lightsource bp in Italy continues to boost its utility scale solar portfolio by acquiring three projects from Horizon Firm, a trusted developer specialized in solar, totalling 156MWp across the country. Two of the projects are based in Sicily, in a low solar plant massification density area, in the province of Agrigento: the Canicattì project (40.9 MWp) and the Torre di Mastro project (58.2 MWp). The third project, Manfredonia (57.4 MWp), based in Apulia, will be developed as an Agri-PV with the aim of virtuously integrating agriculture and […] Read more
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
German Scientists Redesign Stack to Make Cheaper Redox Flow Batteries Updated On Sat, May 8th, 2021 by Saurenergy Researchers at the Fraunhofer Institute for Environmental, Safety and Energy Technology UMSICHT, located in Germany, claim that thorough redesigning the stack, they have contrived a way to bring down production costs of redox flow batteries which are used to store renewable energy. As a result, Christian Doetsch and Lukas Kopietz from Fraunhofer UMSICHT and Dr. Thorsten Seipp […] 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