The Top 5: Largest Battery Energy Storage Systems Worldwide Updated On Thu, Sep 1st, 2022 by Saurenergy As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […] Read more
Explained: The Arrival Of Big Batteries For Energy Storage Updated On Tue, Aug 30th, 2022 by Saurenergy Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […] Read more
US Based Lunar Energy Raises $300 Mn To Expand RE Solutions Updated On Mon, Aug 29th, 2022 by Saurenergy Global clean energy player, Lunar Energy has announced that it has raised $300 million in funding over two rounds by Sunrun, the USA’s leading residential solar and battery storage provider, and South Korea’s SK Group. Furthermore, Lunar said that it also acquired Moixa, the leading global software company for distributed energy resources (DER) management. ITOCHU […] Read more
Global RE Player SSE & Partners Name Scotland’s 2.6 GW Wind Project Updated On Fri, Aug 26th, 2022 by Saurenergy Global RE player SSE Renewables , along with its ScotWind partners, Marubeni Corporation and Copenhagen Infrastructure Partners (CIP), have now officially named their 2.6 GW floating offshore wind farm project in Scotland. As per SSE Renewables, the mega wind farm is now called Ossian, an ancient Scottish leader whose sea adventures are recorded in history […] Read more
Finland’s Taaleri Energia & Croatian Wind Energy Firm Encro To Build Wind Farm in Croatia Updated On Fri, Aug 19th, 2022 by Saurenergy In unison with Croatia’s wind energy company Encro, Finland’s renewable fund manager and developer Taaleri Energia has bought the Zadar Wind Farm in Croatia. Through this partnership, Croatia’s grid will get roughly 317 GWh of clean energy every year from 25 Nordex wind turbines, and the 111 MW wind farm located in the region of […] Read more
Tata Green Switch Project Provides Access to Green Electricity in Jharkhand Updated On Thu, Jul 28th, 2022 by Saurenergy The primary provider of financial services for the Tata Group, Tata Capital has developed and launched the “Green Switch Project,” a CSR initiative. The distant areas of Jharkhand’s Simdega district will receive consistent and uninterrupted green electricity through this initiative. Under this Green Switch project, Tata Capital will provide clean home power to far-flung tribal […] Read more
Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association Updated On Thu, Jul 28th, 2022 by Saurenergy According to a report from the American Clean Power Association (ACPA), a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […] Read more
Octopus Energy Group Raises Fresh Funds Totaling $550 million Updated On Wed, Jul 27th, 2022 by Saurenergy In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […] Read more
UK Approves 8 GW Offshore Wind Energy Projects Development Updated On Fri, Jul 22nd, 2022 by Saurenergy In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […] Read more
