Agilitas Energy Acquires Texas Energy Storage Systems Portfolio for $75 Million Updated On Wed, Mar 29th, 2023 by Saurenergy American solar PV and storage conglomerate Agilitas Energy will be acquiring a portfolio of six standalone energy storage system (ESS) projects in the Greater Houston in Texas from Californian player Gulf States Renewable Energy, which is a subsidiary of GSR Energy. The official statement of Agilitas Energy held that the deal value about $75 million […] Read more
Irish Firm Aer Soléir to Develop 130 MW Hybrid Project in Spain Updated On Tue, Mar 28th, 2023 by Saurenergy Ireland-based Aer Soléir and Spanish developer Tartessos Power Development have announced the signing of a development services agreement covering the co-development of a hybrid project of more than 130 MW in the Andalucía region of Spain. Aer Soléir is focused on multi-technology renewable energy development, construction and operation with a particular emphasis on utility-scale onshore […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
Wärtsilä, Eolian Complete 200 MW Standalone ESS in Texas Updated On Tue, Mar 28th, 2023 by Saurenergy Finnish engineering company firm has announced that it has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian, a portfolio company of Global Infrastructure Partners. The two ESS projects are called Madero and Ignacio plants that will be operated using Eolian software, […] Read more
LG Energy Solution (LGES) to Build $5.5bn Battery Plant in Arizona Updated On Mon, Mar 27th, 2023 by Saurenergy LG Energy Solution (LGES) will invest about $ 5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). LGES said that this […] Read more
Sungrow Launches New C&I Inverter Solution For South Africa Updated On Fri, Mar 24th, 2023 by Saurenergy Just as South Africa battles power shortages and the businesses suffer, global energy solutions provider Sungrow has launched its new-generation commercial & industrial (C&I) PV inverter solution SG125CX-P2 for the South African market. It was launched during the ‘Experience Power Freedom’ ceremony in Johannesburg. Organizations are being impacted in productivity and ultimately profitability due to […] Read more
Germany’s EnBW Takes Final Investment Decision on 960 MW He Dreiht Offshore Wind Project Updated On Fri, Mar 24th, 2023 by Saurenergy German energy giant EnBW has taken a final investment decision (FID) on the 960 MW He Dreiht offshore wind farm and said that major project will be developed without state subsidies as one of the world’s first zero-cent bids in an offshore auction. The official statement held that the investment in the offshore wind project […] Read more
Can Solid-state Batteries Replace Lithium-ion Batteries in EV? Updated On Fri, Mar 24th, 2023 by Saurenergy Lithium-ion (Li-ion) batteries have become the fundamental power source for electric vehicles (EVs), and their demand skyrocketed with the surge in the EV market. However, since the very beginning, some challenges raised doubts about the suitability of the technology in the long term. Solid-state batteries with their solid electrolyte, are expected to provide greater safety […] Read more
Speciality Glass Maker Schott In 5.5 MW Energy Deal With CleanMax Updated On Wed, Mar 22nd, 2023 by Saurenergy The international technology group SCHOTT has entered into an agreement with CleanMax Enviro Energy Solutions, the leading C&I renewable energy company for purchasing green energy from a 5.5 MW renewable energy (Wind – Solar hybrid) project in Babra, Gujarat, India. The green energy will be utilized to run SCHOTT’s operations at its glass tubing factory […] Read more