EIB Provides Brenmiller Energy with €7.5 Mn for Innovative Thermal Storage Factory Updated On Mon, Apr 5th, 2021 by Saurenergy EIB and Brenmiller Energy have signed a €7.5 million financing agreement to back the company’s construction of the first large-scale factory for its bGen storage unit. The European Investment Bank (EIB) and Brenmiller Energy, an Israeli provider of industrial energy storage solutions, have signed a €7.5 million financing agreement to back the company’s construction of the […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
Siemens Gamesa and Repsol Agree to Install 120 MW Across 4 Wind Farms in Spain Updated On Mon, Apr 5th, 2021 by Saurenergy Siemens Gamesa and Repsol have signed their first contract that will see the installation of wind turbines across four wind farms in Spain Siemens Gamesa and Spanish energy giant Repsol have signed their first contract together that will see the installation of 24 SG 5.0-145 wind turbines across four wind farms in Spain, with a […] Read more
Wärtsilä India Appoints Venkatesh R as Managing Director & Director, Energy Business, India Updated On Sat, Apr 3rd, 2021 by Saurenergy Wärtsilä India, a subsidiary of the technology group Wärtsilä Corporation, has appointed Mr. Venkatesh R as the new Managing Director & Director, Energy Business, India. Mr. Venkatesh comes with 30 years of experience in the Marine and Energy sectors. During his career in Wärtsilä for over 25 years, he has worked in India, Singapore and […] Read more
Airtel Commissions Captive Solar Plant for its Data Centres in Uttar Pradesh Updated On Sat, Apr 3rd, 2021 by Saurenergy Bharti Airtel has commissioned a 14 MWp captive solar plant to meet the energy requirements of its core and edge data centres in Uttar Pradesh As part of its mission to rapidly grow its green energy footprint, Bharti Airtel, one of India’s premier digital communications solutions providers, has announced that it has commissioned a 14 […] Read more
Siemens Gamesa Awarded Order from RWE for 1.4 GW Sofia offshore Wind Project Updated On Thu, Apr 1st, 2021 by Saurenergy Siemens Gamesa Renewable Energy (SGRE) has been awarded the firm order from RWE for the 1.4 GW Sofia offshore wind power project. Sofia represents a giant leap for the company; located 195 km off the UK’s north eastern coast on Dogger Bank in the North Sea, the project will be the first to install the company’s flagship 14 MW Direct Drive offshore wind turbine. At 593 […] Read more
DTE Electric Company Completes Third Green Bond Offering Updated On Wed, Mar 31st, 2021 by Saurenergy $1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […] Read more
No way out for Stranded Thermal Assets in India, Amid RE Push : IEEFA Updated On Wed, Mar 31st, 2021 by Saurenergy India’s 40 GW of stressed and stranded thermal power assets, identified by a parliamentary committee in March 2018, still linger on – most of them without any feasible resolution. India’s 40 gigawatts (GW) of stressed and stranded thermal power assets, identified by a special parliamentary committee in March 2018, still linger on – most of […] Read more
Improving Data Exchange Between Wind Farms and Power System key to Cost-Effective Energy Transition Updated On Wed, Mar 31st, 2021 by Saurenergy With increasing shares of distributed energy, seamless data exchange between power generation assets and grid operators is central to a cost effective management of the energy system. Clear guidance at EU level and consistent implementation at national level can reduce system operation costs. And they can make the EU power system more secure and reliable. […] Read more