Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
Siemens Inks Long-Term Pact with EnergyNest for Energy Storage Solns Updated On Fri, Jun 26th, 2020 by Saurenergy Siemens Energy, a division of global technology giant Siemens, has recently entered into a long-term partnership with the Norwegian technology company EnergyNest. EnergyNest, which is a startup in the space, is a supplier of thermal energy storage systems. The two companies joined hands with an aim to jointly offer modularized and standardized thermal energy storage […] Read more
World’s 1st Wireless Charging EV Taxi Fleet to Come up in Oslo Updated On Thu, Jun 25th, 2020 by Saurenergy Momentum Dynamics will provide its wireless charging system to Jaguar vehicles to support the City of Oslo with the world’s first wireless EV taxi fleet. Momentum Dynamics has announced that it will provide its wireless charging system to Jaguar Land Rover vehicles to support the City of Oslo with the world’s first high-powered wireless EV […] Read more
Renewable Enterprise Software Firm Pexapark Raises €6m Funding Updated On Mon, Jun 22nd, 2020 by Saurenergy Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […] Read more
Top 15 Wind Asset Owners Account for 1/3rd of Global Wind Capacity: GWEC Updated On Thu, Jun 18th, 2020 by Saurenergy After nearly four decades of wind project development, wind power now plays a central role in energy portfolio planning in a growing number of countries. Now, it is no longer local citizens, but utilities, IPPs as well as commercial and industrial enterprises that drive wind farm development globally. In GWEC Market Intelligence’s most recent update […] Read more
DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah Updated On Mon, Jun 15th, 2020 by Saurenergy With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […] Read more
Equinor Investing More in RE Projects Than all Other Oil Majors Combined Updated On Mon, Jun 8th, 2020 by Saurenergy More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […] Read more
Five of the World’s Largest Offshore Wind Energy Farms Updated On Tue, Jun 2nd, 2020 by Saurenergy A list of five of the world’s largest offshore wind energy farms which are currently in operation, and a few upcoming projects that can disrupt these rankings. Offshore Wind Energy is a technology that just a decade ago was struggling to establish long term viability, even as Onshore wind energy was making giant strides. There […] Read more
COVID-19 Halts up to 3 GW of Wind, Solar Projects in Australia Updated On Mon, Apr 20th, 2020 by Saurenergy The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 GW of projects The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 gigawatts (GW) of projects according to a new […] Read more
