Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […] Read more
Masdar to Use Octopus Technology to Develop UK Battery Storage Updated On Thu, May 11th, 2023 by Saurenergy Global energy tech group Octopus Energy has inked a deal with renewable major Masdar under which it will license Octopus’ technology platform Kraken to flexibly manage its battery storage portfolio in the UK. The move will enable Masdar to optimize and expand its energy trading capabilities in the UK, helping to accelerate the rollout of […] Read more
EUR 5.5 Billion Offshore Cable Contracts Awarded By TenneT Updated On Mon, May 8th, 2023 by Saurenergy Dutch transmission system major TenneT has awarded NKT, Nexans and a consortium of Jan De Nul, LS Cable and Denys to install 525 kV HVDC cable systems for ten projects. The total volume of the contracts for the production and installation of the ten cable systems amounts to approximately EUR 5.5 billion. With this agreement, […] Read more
Power TRANSFORMER / CONVERTER Lead Engineer Updated On Fri, May 5th, 2023 by Saurenergy The Power Converter/transformer lead engineer is responsible for the following pillars: Converter/transformer design specification considering the requirement flowing down from turbine system design Ensure proper converter/transformer integration in turbine with support of Converter/transformer Product Design Engineer (cooling, electrical, mechanical interfaces) Ensure proper tradeoff in performance, quality, weight, lifetime, maintainability and cost over the full turbine […] Read more
NSW Announces 1.4 GW Renewables’ Tender, RWE To Develop Battery Storage Project Updated On Tue, May 2nd, 2023 by Saurenergy Just as the provincial government of New South Wales, Australia, has announced the tender allocation results for 1.4 GW of renewables, global renewables major RWE has said that itwill develop storage project in the state. RWE has been successful in the tender process offering Long-Term Energy Service Agreements to project developers of long duration storage […] Read more
ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners Updated On Fri, Apr 21st, 2023 by Saurenergy Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
Britain Set for First People-Powered Solar Park Updated On Tue, Apr 18th, 2023 by Saurenergy Ripple Energy, a UK-based firm which builds renewable parks, has shared that the Derril Water Solar Park in Devon is set to become Britain’s first shared solar park. Renewable energy firm RES will be responsible for developing the project, for which it has signed an agreement to sell its Derril Water Solar Park to a […] Read more
Port of Rotterdam Building 1-GW Green Hydrogen Plant Updated On Tue, Apr 18th, 2023 by Saurenergy The Port of Rotterdam Authority has announced that it will be developing a very large green hydrogen plant (upto 1-GW capacity) at an 11 hectare site on the Maasvlakte. The reason is the tender for the IJmuiden Ver Wind Farm later this year. In the procedure for plot Beta, the Minister for Climate and Energy […] Read more
