Australia’s Origin Energy To Establish 2 GWh Battery In Queensland Updated On Thu, May 16th, 2024 by Saurenergy Origin Energy has filed an environmental study with the Australian government for the construction of a new 500 MW/2,000 MWh battery energy storage facility to be developed near Kogan, approximately 40 km west of Dalby in Queensland’s Darling Downs region. The largest combined cycle gas-fired power plant in Australia, the 630 MW Darling Downs power […] Read more
Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US Updated On Wed, May 15th, 2024 by Saurenergy Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […] Read more
KPI Green Energy Approves Fundraising Proposal Worth Rs 1,000 crore Updated On Wed, May 15th, 2024 by Saurenergy KPI Green Energy has approved the proposal of raising Rs 1,000 crore in a recently held board meeting. According to a regulatory filing, KPI Green Energy will raise the funds through the issuance of equity shares of the Company or any other equity-linked securities of the Company or other securities convertible into or exchangeable for […] Read more
News Brief May 14 – BrightNight, Neoen, Energy Vault and ACEN Updated On Tue, May 14th, 2024 by Saurenergy BrightNight and Cordelio Power Achieve Financial Close on $ 414M Project Financing for 300 MW Box Canyon Project in Arizona BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, recently secured a US$414 million construction credit facility. BrightNight secure this credit facility with its joint venture partner Cordelio Power, for their […] Read more
May 14- Renewable Pack Outpaces Market Recovery Updated On Tue, May 14th, 2024 by Saurenergy On a day that the market recovered somewhat, green energy stocks easily outpaced the market recovery, save for Waaree Renewable Technologies, which remained locked at the lower circuit breaker of 5%. KPI Greem Shakti Pumps were both locked at the upper circuit, exhibiting the strong demand still around for these firms. Adani Green, Tata Power […] Read more
Tesla Gets Approval For Shanghai Megapack Energy Storage Battery Plant Updated On Tue, May 14th, 2024 by Saurenergy Tesla will be building a Megapack energy storage battery plant in China. The EV maker battery plant will come up near its electric vehicle gigafactory in Shanghai. According to a report, Tesla will invest around CNY1.5 billion (USD200 million) in the new megafactory. The factory will cover an area of about 20 hectares in the […] Read more
News Brief May 13 – Vesper Energy, Meta Solar Deal, UK Solar Farm Updated On Mon, May 13th, 2024 by Saurenergy US-based Vesper Energy Sells Assets To Fortune 500 Energy Company Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets including solar farms, has sold its 100MW Deer Creek Renewable Energy project to an unnamed Fortune 500 energy company. Meta, Solarpack Collaborate on Solar Projects to Power Data Center in Indiana Meta and […] Read more
Green Energy Stocks Continue to face Tough Market Assessment- May 13 Updated On Mon, May 13th, 2024 by Saurenergy With green energy stocks, there is clearly nothing like half measures. Even today, when the market moved between losses and a marginal profit, green energy stocks moved much more sharply. For tata Power and Waaree Renewable Technologies, even record profits were not enough to prevent a drop, a full 5% in case of Waaree. On […] Read more
Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually Updated On Sat, May 11th, 2024 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay Stock Exchange (BSE), the company continued its growth in its […] Read more