Norwegian Firm Equinor’s RE Unit Reports Losses in Q3 2022; Net Operating Loss at US$56m Updated On Fri, Oct 28th, 2022 by Saurenergy Government-owned Norwegian firm Equinor has shared that it is witnessing expanding losses from its renewables unit. The losses have been reported in the third quarter 2022 as against the corresponding quarter last year. The renewables arm of Equinor recorded a net operating loss of US$56m in the quarter- more than twice the figure in the […] Read more
Vestas 15 MW Wind Turbines to be First Deployed at Danish Wind Farm Updated On Fri, Oct 28th, 2022 by Saurenergy The 15 MW wind turbines of global turbine manufacturer Vestas will soon see its first installation. As per an establishment permit issued by the Danish Energy Agency for the development of the Frederikshavn offshore wind farm, the road for Vestas wind turbines’ installation is cleared. The company had applied for the permit in May2 022. […] Read more
Austria’s Windkraft Simonsfeld to Build 142 MW Wind Park in Romania Updated On Fri, Oct 28th, 2022 by Saurenergy Austrian renewable energy player Windkraft Simonsfeld will be investing EUR 150 million in its Sfânta Elena wind energy project. The renewable energy project is located in the Caraş-Severin County in the southwest region of Romania. The Austrian company plans to complete the 142-MW facility next year. In a key development, Windkraft Simonsfeld received approval of […] Read more
Natrion Demonstrates Solid-State Feasibility with Lithium EV Battery Cells Updated On Fri, Oct 28th, 2022 by Saurenergy New York-based Natrion, which delves in solid-state electric vehicle battery technology, has revealed data on the performance of its patented compounds in lithium-metal anode pouch cells. Natrion said that the results showed a dramatic milestone in commercial solid-state Li-metal battery feasibility by demonstrating high C-rate capability and cycle life without the use of stack pressure. […] Read more
UPPCL Invites Bids for 10 MW/40MWh Standalone BESS in Mathura Updated On Fri, Oct 28th, 2022 by Saurenergy Uttar Pradesh Power Corporation Ltd. (UPPCL) has invited bids for the setting up of a project of a 10MW / 40MWh standalone battery energy storage system in Uttar Pradesh at Vrindavan, Mathura. The last date for submitting the bid for this 10MW / 40MWh standalone battery energy storage system project is December 26, 2022, & […] Read more
General Motors Secures 100% Energy Needed to Achieve RE Goal Updated On Fri, Oct 28th, 2022 by Saurenergy Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […] Read more
Polish Energy Firm R Power Secures €30m Financing Agreement Updated On Thu, Oct 27th, 2022 by Saurenergy Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […] Read more
Norwegian Energy Associations Norwea, Energi Norge Merge Updated On Thu, Oct 27th, 2022 by Saurenergy Norwegian energy associations Norwea and Energi Norge have combined to create a new entity called Fornybar Norge. The new firm will be a large interest organisation committed to renewable energy in Norway. The said organisation will begin operations from January 1 next year. The merger received approval unanimously after both the companies organised their yearly […] Read more
Hyundai Begins $5.5 Bn EV, Battery Plant in USA Updated On Thu, Oct 27th, 2022 by Saurenergy The South Korean auto conglomerate Hyundai Motor Co is about to break ground for the $5.54 billion electric vehicle and battery plant in the USA. Hyundai wants to have a reasonable share in the electric vehicle sales in America. Georgia Governor Brian Kemp, Senators Jon Ossoff and Raphael Warnock may attend the ceremony of the […] Read more
