The Many Promises of Battery Swapping Updated On Mon, Sep 5th, 2022 by Saurenergy Known for designing and developing electric vehicles, Chinese multinational automobile manufacturer, NIO, has established a formidable reputation with regard to battery swap stations. In July this year, the automobile giant opened 1,000 swap stations and reached 10 million battery swaps. As of August, NIO boasts of 1071 swap stations in China, however, it has no […] Read more
Hindustan Zinc to Take 26% Stake in Group Firm Serentica Renewables for Rs 350 Crore Updated On Mon, Sep 5th, 2022 by Saurenergy Hindustan Zinc has revealed in a regulatory filing before the Bombay Stock Exchange (BSE) that it has signed a power delivery agreement with Serentica Renewables India 4 Pvt Ltd for the delivery of renewable power to the company on a long-term basis. Hindustan Zinc is a Vedanta group company. Serentica Renewables is a special purpose […] Read more
UAE Govt’s Masdar Announces Financial Close on Uzbekistan’s 500 MW Wind Project Updated On Mon, Sep 5th, 2022 by Saurenergy UAE-based global renewable energy developer Masdar has announced in Tashkent that it has achieved financial close on the 500 MW Zarafshan wind project in Uzbekistan, which is the country’s first utility-scale wind farm. Masdar entered into bilateral agreements with the Government of Uzbekistan in 2020 to develop, build and operate the Zarafshan wind farm, the […] Read more
ABS Signs Polish Deal on Offshore Wind Sector Updated On Fri, Sep 2nd, 2022 by Saurenergy American Bureau of Shipping Poland Sp. z.o.o. (ABS) has said that it is supporting the development of Poland’s offshore wind market by signing the Polish Offshore Wind Sector Deal. The official statement of ABS mentioned that this initiative includes other big names as signatories such as TotalEnergies, Orsted, Equinor and Shell. Investors, developers and supply […] Read more
France Alters Rules to Expedite 6 GW Renewable Projects Already Awarded Updated On Thu, Sep 1st, 2022 by Saurenergy The electricity market regulator of France – CRE (Commission de régulation de l’énergie) – has published new rules that will allow renewable energy projects whose tender has already been awarded to be commissioned and come online earlier than their planned timelines. This will allow them to take advantage of high electricity prices. Many of the […] Read more
The Top 5: Largest Battery Energy Storage Systems Worldwide Updated On Thu, Sep 1st, 2022 by Saurenergy As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […] Read more
Explained: The Arrival Of Big Batteries For Energy Storage Updated On Tue, Aug 30th, 2022 by Saurenergy Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […] Read more
Denmark, Germany to Develop Bornholm Energy Island of 3 GW Updated On Tue, Aug 30th, 2022 by Saurenergy The Danish Government has said that it will increase the energy producing capacity at the Bornholm Energy Island in the Baltic Sea by 1 GW (increasing it from 2 GW to 3 GW) and the power will be transferred to the German grid. This is happening because the government has signed two political pacts taking […] Read more
IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects Updated On Tue, Aug 30th, 2022 by Saurenergy Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […] Read more
