BP Plans Green H2 Plant in UK, Expects to Deliver 500 Mwe by 2030 Updated On Tue, Nov 30th, 2021 by Saurenergy BP is planning a new large-scale green hydrogen production facility, HyGreen Teesside, in the North East of England that could deliver up to 500 Mwe (megawatt electrical input) of hydrogen production by 2030. The company is aiming to start production by 2025, with an initial phase of some 60MWe of installed hydrogen production capacity. A […] Read more
UK Fund Gresham House Raises £380m Funding For Storage Projects Updated On Fri, Nov 26th, 2021 by Saurenergy Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […] Read more
Scientists from UK & Japan Unravel Perovskite’s High Efficiency Enigma Updated On Tue, Nov 23rd, 2021 by Saurenergy In their breakthrough collaborative work, scientists from the Cavendish Laboratory, University of Cambridge, the Diamond Light Source synchrotron facility in Didcot, Oxfordshire, and the Okinawa Institute of Science and Technology in Japan have offered explanations for why perovskite materials are seemingly so tolerant of defects in their structure. Their findings have been published in Nature […] Read more
Scottish RE Trade Body Urges UK to Reform Grid Charging Regime Updated On Tue, Nov 16th, 2021 by Saurenergy Industry body Scottish Renewables has reaffirmed its calls for the UK Government and Ofgem, the energy regulator, to work together in the spirit of COP26 to achieve a solution to the Transmission Network Use of System (TNUoS) charging regime, as the government had previously committed to do in its recent energy white paper. The current […] Read more
UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
UK Climate Investments, Norfund Invest in South African Wind Portfolio Updated On Tue, Nov 16th, 2021 by Saurenergy Macquarie-managed UK Climate Investments (UKCI) and Norfund are financing a joint venture between H1 Holdings and Pele Green Energy to fund their 40% equity participation in a 700 MW portfolio of onshore wind farms. Both partners will invest alongside Enel Green Power in one of South Africa’s largest renewable energy equity deals valued at around […] Read more
UK Researchers to Develop Anti-soiling Coating for Solar Modules Updated On Mon, Nov 15th, 2021 by Saurenergy Solar experts from Loughborough University have been awarded funding to create a durable and scalable anti-soiling coating for solar modules. Project lead Professor Michael Walls, Professor of Photovoltaics for Power Systems in the university’s Centre for Renewable Energy Systems Technology (CREST), says the three-year-long study, funded by the Engineering and Physical Sciences Research Council (EPSRC), […] Read more
UK To Provide Credit For Turney’s Largest Solar Project Updated On Mon, Nov 15th, 2021 by Saurenergy The UK Export Finance (UKEF) said on Monday it would provide over £217 million ($291.04 million) in export credit for the financial closure and construction of Turkey’s largest solar facility. This will be the largest ever commitment from UKEF for a renewable energy project, indicating the clear shift in priorities underway at European governments post […] Read more
