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
Berlin-based Betteries Closes €2.1m Seed Funding Round to Upcycle EV Batteries Updated On Tue, Mar 30th, 2021 by Saurenergy Betteries, a startup based in Berlin which upcycles electric vehicle (EV) batteries into affordable power systems, announced that it has successfully closed its Euro 2.1m seed funding round led by impact funds Factor[e] Ventures and Beyond Black. Speaking of this investment achieved, CEO and founder of betteries, Dr. Rainer Hönig stated, “This seed round is […] Read more
Ørsted Commences Construction of its Largest Onshore Project Updated On Tue, Mar 30th, 2021 by Saurenergy Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […] Read more
Global Wind Power Installations Hit Record Levels in 2020 Updated On Tue, Mar 30th, 2021 by Saurenergy Industry to install nearly 1 TW of new capacity from 2021 to 2030 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record. China’s National Energy Administration reported 72 GW […] Read more
Biden Administration Jump-starts Offshore Wind Energy Projects Updated On Tue, Mar 30th, 2021 by Saurenergy The Biden Administration has announced a set of bold actions that it believes will catalyse the offshore wind energy sector in the US, strengthen their domestic supply chain, and create good-paying, union jobs. As per the White House briefing, National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina […] Read more
Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
IndiGrid Completes India’s Largest Transmission Asset Acquisition Updated On Sat, Mar 27th, 2021 by Saurenergy IndiGrid has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission from Sterlite Power. India Grid Trust (IndiGrid), India’s first and the largest power sector infrastructure investment trust (InvIT), has announced that it has completed the largest transmission project deal by acquiring NER-II Transmission Limited (NER-II) from Sterlite Power at […] Read more
Renew Power Starts 300 MW Gujarat Wind Energy Plant Updated On Fri, Mar 26th, 2021 by Saurenergy ReNew Power, a leader among renewable energy firms in India, has announced the commissioning of a 300 megawatt (MW) wind power generation facility in Gujarat. The project was previously awarded to ReNew’s operating subsidiary ReNew Wind Energy (AP2) Private Limited in a competitive E-reverse auction conducted by the Solar Energy Corporation of India (SECI). The […] Read more
Ministry of Power : Discoms Can Continue Or Leave PPA After Term Completion Updated On Thu, Mar 25th, 2021 by Saurenergy The Ministry of Power has issued a letter enabling the Discoms to either continue or exit from the PPA (Power Purchase agreement) after completion of the term of the PPA i.e. beyond 25 years or a period specified in the PPA and allow flexibility to the Generators to sell power in any mode after State/Discom […] Read more
