European Investment Bank Commits EUR 28.5 Mn for Three Solar Plants for Greece Updated On Mon, Jan 23rd, 2023 by Saurenergy PPC Renewables, which is a wholly-owned subsidiary of the Public Power Corporation SA, Greece’s largest power generation company, has announced that it will establish three solar power plants, that will boast of a cumulative capacity of 230 MWp. This is set to be among the largest solar energy projects developed or in the pipeline in […] Read more
European Solar Residential Market Poised for Over 9% CAGR Updated On Tue, Jan 17th, 2023 by Saurenergy A recent report that delves into the residential solar market of Europe, titled, “European Residential Solar Market: Analysis By Accumulated Installation, By Accumulated Capacity, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027″ predicts that it set for growth of 9.60% CAGR. The estimates have been made for a period […] Read more
European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs Updated On Wed, Dec 21st, 2022 by Saurenergy Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus, is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […] Read more
Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project Updated On Mon, Dec 19th, 2022 by Saurenergy Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […] Read more
In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding Updated On Fri, Dec 16th, 2022 by Saurenergy Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […] Read more
European Aerospace Corporation Airbus to Buy Green Hydrogen from India Updated On Tue, Dec 6th, 2022 by Saurenergy As the world realises the significance of green hydrogen in the transition towards a cleaner world and decarbonisation, more and more corporations are looking to power their operations with it. Airbus, the multinational aerospace European giant is the most recent to jump onto the bandwagon. Airbus has set sights on procuring Green Hydrogen from India, […] Read more
Solar Farm in Space? European Space Agency Contemplates the Idea Updated On Thu, Nov 24th, 2022 by Saurenergy Scientists are on an ambitious plan to harness solar energy from orbit to power the planet. At a two-day conference in Paris, the European Space Agency (ESA), which the UK is a part of, is debating ideas for building a solar farm in space. To transmit microwave energy to Earth, analogous to the high-frequency radio […] Read more
Tesla Constructs Europe’s Biggest Battery Next to Dogger Bank Offshore Wind Project Updated On Thu, Nov 24th, 2022 by Saurenergy A Tesla battery developer has claimed to be the largest battery deployed in Europe so far by storage capacity. The battery has been turned on in northeast England, close to the grid connection point for the sizable Dogger Bank offshore wind farm- a joint venture between SSE Renewables, Equinor (40%) and Vårgrønn. The industry leader […] Read more