New Wind Energy Tower Factory To Come Up In Poland With EUR 200 Million Investment Updated On Wed, Jan 25th, 2023 by Saurenergy Spanish green energy conglomerate GRI Renewable Industries (GRI) and ARP, Poland’s Industrial Development Agency, have announced that they have signed an agreement for the launch of a joint venture company for the construction of an offshore wind tower factory in Gdansk – a Polish port city on the Baltic coast. GRI is an experienced offshore wind […] Read more
US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions Updated On Wed, Jan 25th, 2023 by Saurenergy Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […] Read more
BMW & Solid Power Partnership For Solid-State Battery Technology Updated On Tue, Jan 24th, 2023 by Saurenergy Automakers are exploring the possibilities of enhancing battery technology seeking a fit with the growing expectations of the EV industry. Solid-state battery is one such technology that can disrupt the existing power storage market for EVs. As per some forecasts, the Solid-state battery market size will reach $13.15 billion by 2030 from $805 million in […] Read more
Pexapark and AFRY launch Daily Valuation Curve For Renewable Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Switzerland based Pexapark has joined Sweden based AFRY management consulting to formally launch the ‘Daily Valuation Curve’, a new pricing data offering that will give investors and lenders greater certainty over the lifetime value of renewable energy projects. Announced in Q4 2022, the Daily Valuation Curve seamlessly combines Pexapark’s market-based price approach, used by 150+ […] Read more
Durham’s FlexGen to Supply 420MWh of Energy Storage System in California Updated On Thu, Jan 19th, 2023 by Saurenergy Durham-based battery energy storage solution and software technology provider FlexGen Power Systems has been selected to supply energy storage technology and software for 420MW of energy storage across four California sites to Middle River Power. The energy storage projects are collocated with existing simple cycle natural gas peaking plants, and the facilities will share interconnection […] Read more
Global Battery Leader CATL In Tie-Up With UL To Improve Battery Safety Updated On Thu, Jan 19th, 2023 by Saurenergy Global battery technology player Contemporary Amperex Technology Co. (CATL) has announced that it has signed an MoU with applied safety science provider UL Solutions for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle (EV) batteries. The agreement expects CATL to use its battery laboratory to […] Read more
Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola Updated On Wed, Jan 18th, 2023 by Saurenergy Iberdrola has said that the Spanish multinational utility has entered into an alliance with Norway’s sovereign wealth fund, to invest in 1,265 MW of new renewables capacity in Spain. According to the terms of the agreement, the valuation of 100% of the assets in the portfolio amounts to approximately EUR 1.2 billion. The Norwegian fund […] Read more
EV Battery-Tech Startup Log9 Materials Sweeps Over $11 Mn in Series B Round Updated On Tue, Jan 17th, 2023 by Saurenergy Battery platform for electric vehicles Log9 Materials has scooped up over $11 million in a Series B round, which was led by PTV International Ventures. Participants in the Series B round included SiriusOne Capital, Cornerstone Ventures, among others. This is seemingly an extension of the Series B round, which is followed by the the Rs […] Read more
Incentives For Emerging Technologies like EVs, Green Hydrogen Must Be Considered Updated On Fri, Jan 13th, 2023 by Saurenergy Headquartered in Jaipur, EPC firm Vareyn Solar has so far completed over 9 MW of turnkey solar projects and more than 16 MW of O&M projects. It has also liaisoned with the government on projects exceeding 17 MW of capacity. Ishan Chaturvedi, Co Founder & Director, Vareyn Solar speaks to Saur Energy International about how […] Read more