News In Brief Dec 11: CATL in Spain, Husk Power, EVLO’s First BESS Updated On Wed, Dec 11th, 2024 by Saurenergy Stellantis And CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Stellantis, the maker of the iconic JEEP, and CATL recently reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant […] Read more
Trinasolar Gets €150 Mn Credit Facility To Support IPP Transition Updated On Wed, Sep 11th, 2024 by Saurenergy Trinasolar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit (ISBU). The company now plans to focus on the development of utility-scale solar power and battery storage projects with this […] Read more
Spain Picks South Korea’s H2 Inc For Largest Vanadium Flow Battery Project Updated On Tue, Sep 3rd, 2024 by Saurenergy South Korean energy storage firm H2, Inc. will deploy a 1.1MW/8.8MWh vanadium flow battery (VFB) system in Spain. This is the largest VFB project in Spain. The project to be commissioned by Spain government’s energy research institute, CIUDEN, is a Public Foundation for energy research depending on Spanish Ministry for Ecological Transition and Demographic Challenge, aims to deploy a […] Read more
Spain Moves To Build Solar Supply Chain, Energy Storage Manufacturing Updated On Wed, Jul 31st, 2024 by Saurenergy Spain, one of the most well placed countries in Europe for Solar power, crossed the 25 GW mark for installed solar capacity in 2023. Now, the Spanish government is moving to ensure a significant part of future additions come from domestically produced panels, besides the next big growth area, energy storage as well. The energy […] Read more
Repsol, EDF Ink Deal For Offshore Wind Project In Spain & Portugal Updated On Fri, Jul 19th, 2024 by Saurenergy Repsol and EDF Renewables reached an agreement to join forces in view of the future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. To develop its portfolio of renewable projects, the company has set an investment framework of between €3 and €4 billion net until 2027. Repsol […] Read more
CIP, GE Vernova Collaborate To Supply Blades For 760 MW Wind Project Updated On Wed, May 29th, 2024 by Saurenergy Denmark-based Copenhagen Infrastructure Partners (CIP) and GE Vernova’s onshore wind division signed an agreement of more than EUR 700 million. This agreement was undertaken to deliver, install, and commission 125 GE Vernova 6.1-158 wind turbines at the Teruel wind project. This wind project was promoted by CIP through contracts with the developer in that province and […] Read more
Recurrent Energy Secures €1.3 Bn For European RE Projects Updated On Fri, May 24th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar secured a multi-currency credit facility valued at up to €1.3 billion with ten banks for renewable energy projects in several European countries Recurrent Energy a developer and an owner of solar and energy storage assets secured the credit for the construction of renewable energy projects in several European countries. […] Read more
Spain Joins International Solar Alliance As Its Newest Member Updated On Thu, May 23rd, 2024 by Saurenergy The International Solar Alliance (ISA), a collaborative platform to increase deployment of solar energy technologies recently announced the addition of Spain as its 99th member. The grouping was formed to bring energy access, ensure energy security, and drive energy transition in its member countries. India is a founding member of the multilateral Alliance. The entry […] Read more
RE Company Sonnedix Signs EPC Pact With Spanish Firm Eiffage Energia Sistemas Updated On Mon, Apr 1st, 2024 by Saurenergy Renewable energy producer Sonnedix has signed its first Engineering Procurement Construction (EPC) Framework Agreement with Eiffage, one of Europe’s construction and concession companies, through its Spanish brand, Eiffage Energia Sistemas. Under the Framework Agreement, construction activities for Sonnedix’s pipeline of projects in Spain, Italy, and Portugal will be delivered under standardised general terms and conditions, […] Read more
