UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
IKEA Investment Arm Secures Norwegian Offshore Wind Project Updated On Thu, Mar 21st, 2024 by Saurenergy Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […] Read more
Turkey Moves To Regulate Solar Imports From Non-China Countries Updated On Wed, Mar 20th, 2024 by Saurenergy In an interesting move, Turkey has moved to create a level playing field for all countries exporting solar equipment to the country. The Ministry of Trade has announced a new measure that seeks to regulate solar panel imports from Vietnam, Malaysia, Thailand, Croatia, and Jordan. Under the measure from March 26, importers will be required to […] Read more
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
Barclays, Lightsource bp Sign $140 Million Deal For Louisiana Solar Project Updated On Wed, Mar 20th, 2024 by Saurenergy Barclays and Lightsource bp have announced that they have committed to a $140 million tax equity deal which will finance the construction of the Prairie Ronde 180MWdc solar project in St. Landry Parish, Louisiana. According to a media statement by Lightsource bp, the deal is one of the first to be led by Barclays’ new […] Read more
German OEM Enercon Launches New 7 MW Wind Turbine Updated On Wed, Mar 20th, 2024 by Saurenergy Germany-based OEM Enercon has announced the launch of a new wind turbine with new features for the E-175 EP5. As of 2026, ENERCON’s top model will be available in a version with a new two-piece permanent magnet generator with a nominal power of 7.0 MW. Moreover, a tower with a hub height of 175 meters will be […] Read more
Korkia & Econous Green Energy Partner To Develop 600 MW Solar Power In Romania Updated On Tue, Mar 19th, 2024 by Saurenergy Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership to develop 600 MW of solar energy in Romania. Initial projects are expected to be licensed and ready for construction in 2025. According to a media statement by Korkia, 600 MW of photovoltaic capacity means approximately 780,000 MWh of electricity production, […] Read more
Coal Behind Rise, CO2 Emissions Increases In 2023; Throttled By Clean Energy: IEA Updated On Tue, Mar 19th, 2024 by Saurenergy Total energy-related CO2 emissions increased by 1.1% in 2023. Far from falling rapidly – as is required to meet the global climate goals set out in the Paris Agreement – CO2 emissions reached a new record high of 37.4 Gt in 2023, according to the latest report by the International Energy Agency (IEA). The 1.1% […] Read more
EV Maker VinFast Steps Into Global Electric Charging Sector Updated On Tue, Mar 19th, 2024 by Saurenergy Electric Vehicle (EV) manufacturer VinFast announced the establishment of V-Green Global Charging Station Development Company (V-Green). According to a media release, VinFast launched the EV charging company to develop a comprehensive charging infrastructure system that prioritizes supporting VinFast vehicles. Spun off from VinFast charging station development division, V-Green, majority-owned by Mr. Pham with a 90% […] Read more
