D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
Chemical Czar LyondellBasell Signs PPAs for 560 MW Renewable Energy Updated On Thu, Feb 9th, 2023 by Saurenergy Global chemical conglomerate LyondellBasell has announced that it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs in the United States to help decarbonize its operations. The combined additional contracts represent a total of approximately 560 MW of renewable energy capacity. As per the official statement, LyondellBasell has […] Read more
Vestas Claims An Answer To Recycle All Wind Turbine Blades Updated On Thu, Feb 9th, 2023 by Saurenergy Wind turbines have become a crucial component in the fight against climate change, but what happens to the massive blades at the end of their lifespan? Landfills were the only answer, until now. Vestas Wind Systems is claiming a game-changing chemical process that it says could eliminate the need for landfill disposal and transform used […] Read more
India Energy Week: Important Announcements, Intriguing Innovations Updated On Wed, Feb 8th, 2023 by Saurenergy On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- “Karnataka has highest number of EV; is highest RE manufacturer” Karnataka Chief Minister Bommai has said that Karnataka has 15,000 MW worth of in-stand renewable […] Read more
EU Awards €5.3 Million To REGACE Project For Agrivoltaics Solutions Updated On Wed, Feb 8th, 2023 by Saurenergy The European Union (EU) has awarded €5.3 million to the REGACE Consortium to develop and demonstrate an innovative agrivoltaics technology by using CO2 enrichment to increase electricity yields. The grant has been made through the Horizon Europe Research and Innovation Programme of EU. The REGACE Consortium is composed of 12 partners from five countries. The […] Read more
300 MW Offshore Wind Project by Tokyo Gas in Offing; Eyes 6 GW Goal Updated On Tue, Feb 7th, 2023 by Saurenergy Tokyo Gas, the gas distributor of Japan, has said that it has started the construction of two floating offshore windmills in Japan. The new facility is being built off the coast of Fukushima prefecture in the northeast. According to the disclosure, the capacity of the wind power project will be 300 MW. The announcement of […] Read more
China Fears Recede Somewhat, As EU’s Green Deal Industrial Plan Worries About US Updated On Mon, Feb 6th, 2023 by Saurenergy If you thought that the renewed push for manufacturing in the US, EU and even India for that matter, was linked to countering China’s dominance of global manufacturing, think again. The European Union has finally released details of its $270 billion Green Deal Industrial plan to spur manufacturing in the continent. In what many see […] Read more
Trina Storage To Deliver More Than 100MWh BESS In United Kingdom Updated On Fri, Feb 3rd, 2023 by Saurenergy The Germany based subsidiary of Trina Storage has announced the contract closure for another two Battery Energy Storage System (BESS) projects in the United Kingdom shortly after the signing of the 50MW/102 MWh Swangate project last month. These two new deals – 25MW/58MWh and 50MW/58MWh – will also be utilizing Elementa which is vertically integrated […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more