News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
KPI Green Energy Leads Winning Bidders With Rs 3.33 Bid For GUVNL Hybrid Auction Updated On Fri, Jun 7th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW wind solar hybrid auction finally has a list of winning bidders, with an attractive price of Rs 3.33 achieved after the while process. Surat based KPI Green Energy led with the lowest bid, followed by Juniper Green Energy with a Rs 3.34 bid. JSW Green Energy and […] Read more
Green Stocks June 6th: All Renewable Energy Stock Prices Shoot Up Updated On Thu, Jun 6th, 2024 by Saurenergy Days after the a roller costar ride, green energy stocks saw a rise in their prices. With no exception, all the renewable energy firms saw rise of their stock prices. The highest growth was reported by KPI Green Energy which saw 5% rise in its stock price. It was followed by Sterling & Wilson which […] Read more
Octopus Australia To Develop 1 GW Wind Farm, Acquires Land For Project Updated On Thu, Jun 6th, 2024 by Saurenergy UK-based Wind Energy firm subsidiary, Octopus Australia has announced the successful acquisition of an additional 28,000 hectares of land near Deniliquin, NSW, for the development of the new 1GW Merino Wind Farm. This land is adjacent to the 400MW Saltbush Wind Farm also owned by Octopus. According to Octopus, with this latest acquisition, the company […] Read more
Vestas Secures 124 MW Wind Turbine Order In Lithuania Updated On Wed, Jun 5th, 2024 by Saurenergy Vestas has received a 124 MW order for a wind energy project in Telsiai, Lithuania. It will deliver 20 V162-6.2 MW wind turbines, and the order includes supply, delivery, and commissioning of the turbines. The order was placed by Utilitas Wind and Latvenergo AS. Upon completion, Vestas will service the turbines throughout their life cycle […] Read more
Indian Wind Turbine Maker Inox Wind To Go For Fund Raise Updated On Tue, Jun 4th, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) announced that its Board of Directors, in its recent meeting has approved the raising of funds in the company. With the board’s approval in place and further subject to shareholder and other regulatory approvals, the proceeds from the sale of IWL shares by IWL’s promoter Inox Wind […] Read more
JSW To Make Alloy-Coated Steel For Domestic Renewable Energy Sector Updated On Fri, May 31st, 2024 by Saurenergy JSW Steel is bringing Zinc-Magnesium-Aluminium alloy-coated steel products into the domestic Indian market which is expected to spur demand for its product JSW Magsure from the domestic renewable energy sector but also from other allied end uses. So far the coated steel was imported from foreign nations while renewable energy companies purchase it at a […] Read more
Solar, Wind Offers $12 Bn Climate Benefit To US In 2023, Finds Study Updated On Fri, May 31st, 2024 by Saurenergy A recent article by Berkeley Lab investigated the impact of wind and solar energy generation on climate and air quality benefits in the United States from 2019 to 2022. It highlights how wind and solar power have contributed to reducing emissions by displacing fossil fuel output. The Berkeley Lab report underscores the importance of understanding […] Read more
Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage Updated On Fri, May 31st, 2024 by Saurenergy In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […] Read more
