CalWave Commissions Open-water Wave Energy Pilot in California Updated On Thu, Oct 14th, 2021 by Saurenergy US firm CalWave has announced it has successfully commissioned its CalWave x1™ off the coast of San Diego, marking the beginning of California’s first at-sea, long-duration wave energy pilot operating fully submerged. The project is supported by the U.S. Department of Energy (DOE) funding, with the goal to demonstrate CalWave’s scalable and patented xWave technology. […] Read more
Bridgelink Engineering Buys RE Firm BCR Companies Updated On Thu, Oct 7th, 2021 by Saurenergy Bridgelink Engineering has acquired BCR Companies, a construction company in the renewable energy industry. Both the companies are based in Texas, United States. BCR Companies was a family-owned professional construction company providing a wide range of industrial construction solutions within the energy industry. Operating in multiple locations across the U.S. since 2012, the firm provided […] Read more
Shell Inks Two Partnerships for 800 MW UK Solar Projects Updated On Thu, Oct 7th, 2021 by Saurenergy Anglo-Dutch oil and gas giant Shell has inked two deals with London-based companies for the development of utility-scale solar PV projects, totalling over 800 MW capacity, in the UK. Shell has signed a framework agreement with the renewable energy developer Island Green Power to develop solar PV projects with co-located battery storage potential, with an […] Read more
SUSI Partners to Fund Canopy Power’s Renewable Microgrids Updated On Thu, Oct 7th, 2021 by Saurenergy Swiss fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has joined forces with Singapore-based microgrid technology provider Canopy Power to bring clean power solutions to off-grid locations across Southeast Asia. It is SUSI’s second investment in Southeast Asia following the creation of a joint venture with Malaysian company InvestEnergy which is dedicated […] Read more
I Squared Capital Sets Up New Renewable Energy Platform Updated On Tue, Oct 5th, 2021 by Saurenergy Global infrastructure fund manager I Squared Capital has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy in Continental Europe. The platform will develop, re-power, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery […] Read more
Energize Ventures Raises $330 M to Advance Sustainable Tech Updated On Thu, Sep 30th, 2021 by Saurenergy Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […] Read more
Why Prices Skyrocketed at the Power Exchange: IEEFA Updated On Wed, Sep 29th, 2021 by Saurenergy With electricity demand in India recently peaking, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) explores the supply and demand conditions that led to recent price spikes in the evening peak hours, starting in August through to September 2021. Electricity demand in India has peaked and dropped markedly as the […] Read more
$50 M to Ramp up Microgrids in Regional Australia: ARENA Updated On Fri, Sep 24th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced the launch of the $50 million Regional Australia Microgrid Pilots Program (RAMPP) to support microgrid pilot projects across regional Australia. Announced in the 2020-21 Federal Budget, the six year program aims to improve the resilience and reliability of electricity supply […] Read more
With Approval In From Indonesia, Sun Cable Expands Project By 20 GW Updated On Fri, Sep 24th, 2021 by Saurenergy Sun Cable, promoted as the world’s largest single PV and battery storage project has expanded its project size further. The project, which seeks to build massive solar power plants in Australia along with storage capacity to supply to Singapore via undersea cables, has added 20 gigawatts for the solar component and 36-42GWh of battery storage. […] Read more
