China’s Biggest Energy Storage Facility Goes Live Updated On Thu, Dec 22nd, 2022 by Saurenergy A stand-alone energy storage station that has a capacity of 200 MW/400 MWh has been connected to the grid in China’s Ningxia. Chinese conglomerate behind the project Hithium Energy Storage made the announcement. Xiamen Hithium Energy Storage Technology Co., Ltd., is a high-tech enterprise formally established in 2019, specializing in the R&D, production and sales […] Read more
European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs Updated On Wed, Dec 21st, 2022 by Saurenergy Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus, is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […] Read more
Global Shipments of Longi’s Hi-MO 5 Modules Exceed 50 GW Updated On Wed, Dec 21st, 2022 by Saurenergy Global solar conglomerate LONGi has announced that, as of mid-December, global shipments of its Hi-MO 5 solar module have exceeded 50 GW. The manufacturer also said that the cumulative shipments are now approaching 100 million panels. The Hi-MO 5, based on 182mm cells, was officially released in June 2020. It offers features such as adaptability […] Read more
Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project Updated On Tue, Dec 20th, 2022 by Saurenergy Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […] Read more
Financial Agreements Signed to Fund World’s Largest Green Hydrogen Project in Neom Updated On Tue, Dec 20th, 2022 by Saurenergy Neom Green Hydrogen Company (NGHC) has signed multiple financial facility agreements with local, regional and international banks and financial institutions to support the construction of the world’s largest green hydrogen production plant in Neom, the sustainable city project in Saudi Arabia. The quantum of funds committed by the lenders with Saudi Industrial Development Fund (SIDF) […] Read more
Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio Updated On Tue, Dec 20th, 2022 by Saurenergy Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […] Read more
World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
Delhi’s Greenzo Energy Invests $50 Mn in Green Hydrogen in Gujarat Updated On Mon, Dec 19th, 2022 by Saurenergy Delhi’s Greenzo Energy India plans to invest USD 50 million in the construction of a 250 MW electrolyser manufacturing plant and the Balance of Plant (BoP) for producing green hydrogen at Sanand-II Industrial Estate, a division of Gujarat Industrial Development Corporation (GIDC), in Gujarat. According to corporate insiders, the manufacturing facility will, nevertheless, likely be […] Read more
Enphase Makes Inroads in Bareilly With 754kW Installation Updated On Mon, Dec 19th, 2022 by Saurenergy Enphase Energy, Inc., a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, has announced the commissioning of a 745 kw InRoof solar installation for B.L. Agro Industries Limited. The Ornate Solar manufactured InRoof solar system spreads over an area of 45000 square feet at the B.L. Agro facility […] Read more
