Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark Updated On Thu, Oct 6th, 2022 by Saurenergy Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […] Read more
Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project Updated On Thu, Oct 6th, 2022 by Saurenergy Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […] Read more
UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany Updated On Thu, Oct 6th, 2022 by Saurenergy European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […] Read more
European Union to Invest $5.2 Billion More for Green Hydrogen Projects Updated On Tue, Oct 4th, 2022 by Saurenergy To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […] Read more
Statcon Energiaa’s Newest Offering- Microgrid Energy Corridor System Updated On Tue, Oct 4th, 2022 by Saurenergy Delhi-based power electronics manufacturer company, Statcon Energiaa won the prestigious award for renewable energy excellence at the REI Expo 2022 held at Greater Noida, Uttar Pradesh. The award category was ‘Excellence in RE Storage Solutions. The innovative product, titled ‘Microgrid Energy Corridor System’, provides uninterrupted supply to a microgrid using various renewable energy resources. It […] Read more
OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania Updated On Tue, Oct 4th, 2022 by Saurenergy The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil corporation OMV Petrom will construct 450 MW of solar PV in the country. According to OMV Petrom, a total of over €400 million (US$390 million) will be spent on the installation of four solar parks- nearly triple the installed solar capacity in Romania. […] Read more
Chemours to Invest $200 Million in Hydrogen Tech Solutions Updated On Tue, Oct 4th, 2022 by Saurenergy Delaware-headquartered Chemours Company has announced that it has planned a $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials to support the Hydrogen Economy. Chemours is a global chemistry company with considerable market positions in titanium technologies, thermal and specialized solutions and advanced performance materials. The tackling of […] Read more
SolarEdge to Offer Solar + Storage to Wattsmart Battery Program Updated On Tue, Oct 4th, 2022 by Saurenergy Intelligent inverter solution maker SolarEdge Technologies and grid operator Rocky Mountain Power have announced the qualification of the SolarEdge Home Battery to join Rocky Mountain Power’s Wattsmart Battery program in America. SolarEdge said that its an important next step in Rocky Mountain Power’s efforts to leverage customer-generated solar power along with battery technology in the […] Read more