EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030 Updated On Mon, Mar 1st, 2021 by Saurenergy EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […] Read more
Energy Partnership Between India & US Supports Sustainable Development Updated On Wed, Feb 24th, 2021 by Saurenergy The energy cooperation between the US and India supports sustainable development, harnesses sources to meet 21st-century power needs, protects national security, and promotes regional and international stability, a senior official from Washington has said. At a daily news conference on Monday, the State Department Spokesperson Ned Price said, the US and India collaborate on natural […] Read more
Appalachian Power Seeks RE Projects With Option for Battery Storage Updated On Tue, Feb 16th, 2021 by Saurenergy Appalachian Power today issued a Request for Proposals (RFPs) for up to 300 megawatts (MWs) of solar and/or wind generation resources. The request for bids is the first in a series of RFPs Appalachian Power will issue this year to comply with provisions of the Virginia Clean Economy Act (VCEA). Under the VCEA, Appalachian Power […] Read more
AES Commissions Alamitos Energy Storage Facility in Long Beach, California Updated On Thu, Jan 28th, 2021 by Saurenergy Fluence Battery Storage System Will Increase the Delivery of Reliable, Sustainable Energy for Southern California Customers The AES Corporation has commenced operations of the Alamitos battery energy storage system (BESS), one of the world’s largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 […] Read more
Gulf Oil Taps Into EV Charging For Future Growth Updated On Mon, Jan 25th, 2021 by Saurenergy A part of the Hinduja Group, Gulf Oil International Ltd (Gulf), has entered an agreement to co-invest with the Clean Growth Fund (GCF) in Indra, provider of fast-growing electric vehicle (EV) and innovative charging and energy storage solutions. For Gulf Oil, a well established downstream oil company, this is its first investment into the e-mobility/EV […] Read more
Stem Awarded 68 MWh Storage Projects to aid Low Income California Families Updated On Fri, Jan 8th, 2021 by Saurenergy Stem, an AI-driven storage systems provider, has bagged 68 MWh storage projects in the latest California SGIP Non-Residential Equity lottery. Stem Inc, a leading artificial intelligence (AI)-driven energy storage systems provider has announced that it, along with partners, has been awarded 68 megawatt-hours (MWh) in storage projects from the December 2020 California Self-Generation Incentive Program […] Read more
“Technology is the Catalyst for our Future Growth and Carbon Neutrality” Updated On Tue, Jan 5th, 2021 by Saurenergy By: Philip Chen, President of Digital Power Business, Huawei The urgent call for carbon neutrality and rapid digital transformation Amidst the global pandemic, China announced its aim to hit peak emissions before 2030 and for carbon neutrality by 2060. This is one of the most significant milestones in the fight against global warming and climate […] Read more
VoltUp Partners with HPCL To Create 50 EV Battery Swapping Centers Updated On Thu, Dec 31st, 2020 by Saurenergy VoltUp partners with HPCL to set up 50 Electric two and three-wheeler battery swapping centers across India in the next six months. VoltUp, a one-stop battery swapping start-up has announced its partnership with Hindustan Petroleum Corporation Limited (HPCL) to set up 50 electric two and three-wheeler battery swapping centers across India. partners VoltUp envisions to […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more