Acen Set To Build Largest Battery Storage Project In Australia Updated On Wed, May 31st, 2023 by Saurenergy Acen, the Phillipines based renewable energy major that is part of the Ayala group, is set to make Australia’s largest storage battery project linked to a solar farm. The project, to come up in the New England region of New South Wales, has secured approvals to take its size to 1.4 GW (1,400MW) and 2.8 […] Read more
Natixis CIB Closes $364m Financing For Chilean Solar Projects Updated On Wed, May 31st, 2023 by Saurenergy Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […] Read more
Kerala To Transform Thiruvananthapuram Into Largest Solar City Updated On Tue, May 30th, 2023 by Saurenergy As solar power generation is gaining pace in the country in a quest to achieve the 2030 renewable energy targets, the Kerala state government has launched a project that is expected to transform the state capital Thiruvananthapuram into a complete and largest solar city in India. The plan is to install rooftop solar in every […] Read more
Elawan Energy, BW Ideol Partner for Multi-GW Floating Offshore Wind Projects Updated On Mon, May 29th, 2023 by Saurenergy Construction and Engineering firm BW Ideol has signed a head of terms with Spanish clean energy major Elawan Energy for the joint development of floating offshore wind pipeline off Spain and Portugal. The two firms have not yet declared the actual capacity of the wind energy project but have said that it will of multi-GW […] Read more
SOFAR Launches PV & ESS Innovations at SNEC 2023, Shanghai Updated On Fri, May 26th, 2023 by Saurenergy SOFAR, a supplier of PV and Energy Storage Solutions (ESS), released multiple solar and energy storage innovations globally at SNEC 2023. PowerMaster Optimized for utility-scale energy storage plants, SOFAR has its latest flagship PowerMaster on display, which is an integrated solution embodied with promising technologies. As a safe, reliable and sustainable solution to ensure grid […] Read more
IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
India Among Top 5 Global Destinations In RE Investments: IEA Report Updated On Thu, May 25th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets. The global report also termed the Indian solar market ‘dynamic.’ However, […] Read more
Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year Updated On Thu, May 25th, 2023 by Saurenergy Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […] Read more
First Phase of Repsol, Ibereólica Chilean Solar Project Sees Installation of 76.8 MW Updated On Wed, May 24th, 2023 by Saurenergy The first phase of Repsol, Ibereólica Renovables initial joint solar project in Chile is now operational and has begun to provide electricity to the grid. The said project is a joint venture between Repsol and the Ibereólica Renovables Group. The Elena photovoltaic plant, a result of the JV, now boasts of 76.8 MW of installed […] Read more
