Invest in RE in Developing Nations for Global Energy Transition: Study Updated On Thu, Oct 28th, 2021 by Saurenergy A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – and offers specific insights on how to grow such investment further in key markets. The insights are published as the contentious question of how wealthier nations can […] Read more
Apple Adds 9 GW of Clean Power and Doubles Supplier Commitments Updated On Thu, Oct 28th, 2021 by Saurenergy Technology giant Apple has revealed that the company has more than doubled the number of suppliers committed to using 100 percent clean energy over the last year, accelerating progress toward its ambitious 2030 goal to be carbon neutral across its supply chain and products. In total, 175 Apple suppliers will transition to using renewable energy, […] Read more
Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration Updated On Thu, Oct 28th, 2021 by Saurenergy Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […] Read more
Best Power Equipments Launches Lithium Powered UPS Systems Updated On Wed, Oct 27th, 2021 by Saurenergy Noida-based Best Power Equipments (India) Pvt Ltd (BPE), a leading power manufacturing brand has recently started offering lithium battery solutions with a 5 year warranty. The Lithium batteries will last longer and recharge faster, saving time, money and reducing risk throughout the lifecycle of the uninterruptible power systems (UPS). Due to its higher reliability, efficiency […] Read more
Jack-up Vessel Drops Turbine Parts into Sea at Vattenfall’s Wind Farm Updated On Wed, Oct 27th, 2021 by Saurenergy MPI Offshore, an offshore installation service firm owned by Van Oord, last week accidentally dropped three wind turbine blades into the sea, while conducting scheduled maintenance at Swedish energy company Vattenfall’s Ormonde wind farm in the Irish Sea, off the UK. A crewmember caught the incident on video and it has been widely shared on […] Read more
China’s MingYang Bags 375 MW Wind Project in Vietnam Updated On Wed, Oct 27th, 2021 by Saurenergy Chinese turbine maker MingYang Smart Energy has secured a supply contract with PowerChina International Group for the 375 MW Ca Mau offshore wind project in Vietnam. The project is the largest offshore wind power project in Vietnam and the entire Southeast Asia so far. MingYang, which was listed on the New York Stock Exchange from 2010 […] Read more
Honeywell Debuts Flow Battery For Formal Testing, 12 Hours Power Discharge Promised Updated On Wed, Oct 27th, 2021 by Saurenergy US-based multinational Honeywell has announced the development of a new flow battery for providing long duration power of up to 12 hours. The firm says the technology will be first tested by US utility major Duke Energy in a 400kWh system configuration in 2022, before being scaled upto a 60MWh pilot project by 2023. The […] Read more
50 MW Wärtsilä Energy Storage System Activated in UK Updated On Wed, Oct 27th, 2021 by Saurenergy Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […] Read more
Ministry of Power Notifications for Change in Law, Curtailment of ‘Must Run’ Plants Welcome Updated On Wed, Oct 27th, 2021 by Saurenergy In two separate notifications, the Ministry of Power has issued notifications for both compensation in case of a change in law event, and for curtailment of power from Must Run power plants. The rules will have significant impact for renewable energy producers, thanks to the must run status they enjoy, besides the many disputes linked […] Read more
