UK-based Octopus Group Buys 181 MW Wind Farm in Australia Updated On Fri, Sep 3rd, 2021 by Saurenergy Octopus Australia has acquired the 181MW Dulacca Wind Farm in Queensland, Australia, from global renewable energy company RES. Once constructed, the wind project will consist of 43 wind turbines and generate enough electricity to power approximately 124,000 homes. Octopus Australia is a part of UK-based Octopus Group that manages over 260 renewables assets globally. In addition to […] Read more
Shell & CoensHexicon to Build 1.4 GW Floating Wind Farm in South Korea Updated On Thu, Sep 2nd, 2021 by Saurenergy Shell Overseas Investment BV, a unit of Dutch oil and gas major Royal Dutch Shell, and CoensHexicon have established a joint venture to fund, develop, and operate MunmuBaram, a 1.4 GW floating offshore wind farm for South Korea. MunmuBaram is expected to power over 1 million homes once it begins operating. The two companies announced their […] Read more
Azure Power Hopeful of No Price Markdowns As PSA’s Finally Start on Its 4 GW Mfg Linked Win Updated On Thu, Sep 2nd, 2021 by Saurenergy At an analyst call post its Q1 results for 2022-23, Azure Power CEO Ranjit Gupta expressed the hope that there will be no price markdowns on the winning bid rates, for its 4 GW tender manufacturing linked tender wins. Azure had won a total project capacity of 4 GW, even as Adani Green Energy won […] Read more
Scientists in Korea Increase Efficiency of Green H2 Production Updated On Wed, Sep 1st, 2021 by Saurenergy A team of researchers from Pusan National University, Korea, led by Professor Kandasamy Prabakar, has developed a method to design a novel electrocatalyst that can eliminate issues of efficiency in the production of green hydrogen through electrolysis. Their work was made available online on April 6, 2021, and will be published in print in the […] Read more
“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables Updated On Mon, Aug 30th, 2021 by Saurenergy As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […] Read more
Siemens Energy to Build Green H2 Industry in Egypt Updated On Fri, Aug 27th, 2021 by Saurenergy German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […] Read more
China’s Goldwind Earns 292.3 M Net Profit in H1 FY21 Updated On Tue, Aug 24th, 2021 by Saurenergy Beijing-based wind turbine manufacturer Goldwind has released interim results for 2021, reporting a net profit of around CNY 1.9 billion ($292.3 million) in the first half of the financial year. Officially known as Xinjiang Goldwind Science & Technology Co., Ltd., this state-owned multinational realised revenue of CNY 17.85 billion in H1 FY21. Gross profit was CNY 4.919 billion, […] Read more
Tesla & Local Partners to Build Storage Facility in Japan Updated On Fri, Aug 20th, 2021 by Saurenergy US auto major Tesla is partnering with Japanese companies to build an energy storage facility using its rechargeable battery in Hokkaido in northern Japan to help stabilise the power system. Tesla will collaborate with Japanese power retailer and aggregator Global Engineering and engineering firm Ene-Vision to build the energy storage facility connected to the grid […] Read more
Pune’s goEgoNetwork EV Charging Startup Secures $2 Million Seed Funding Updated On Wed, Aug 18th, 2021 by Saurenergy Pune’s goEgoNetwork is an Indian EV charging startup that will provide EV chargers to you whether you are at home, at work, or traveling to your weekend getaway destination. Pune’s goEgoNetwork is electric vehicles (EV) Charging Startup Secures $2 Million Seed Funding. Recently the two-year-old startup has secured $2 million in seed funding to expand […] Read more
