Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market Updated On Wed, Jun 29th, 2022 by Saurenergy To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both […] Read more
Masdar To Develop 4 GW of Renewable Projects In Azerbaijan Updated On Tue, Jun 7th, 2022 by Saurenergy Adding to its international expansion, the UAE based leading renewable energy developer Masdar has announced that it has signed ‘implementation agreements’ with the Government of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 MW. Masdar will also have the right to develop an additional 6,000 […] Read more
Shell and Inaccess to deploy Unity Platform in 100MW Hybrid Project Updated On Wed, May 25th, 2022 by Saurenergy As part of its global push in the renewable energy space, global energy firm Shell has developed a hybrid asset in the Netherlands in collaboration with Inaccess that would help in monitoring and controlling the renewable energy project. The Shell-developed renewable power plant consists of a 50MW photovoltaic power plant and a 50MW wind farm. […] Read more
Karnataka to optimise RE with storage support Updated On Tue, May 10th, 2022 by Saurenergy The Karnataka government is making efforts to capitalise on its generation of renewable energy by boosting its storage capabilities to secure its growing requirement of power. A proposal to increase investments into creating more storage capacity is likely to be placed before the Basavaraj Bommai-led cabinet within the next few weeks. Karnataka is the leading […] Read more
Germany’s GridX secures $40 Million in Series C Funding Updated On Thu, Apr 28th, 2022 by Saurenergy GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […] Read more
NeuConnect Undersea Project to Link Energy Markets of Germany and UK Updated On Thu, Apr 14th, 2022 by Saurenergy The NeuConnect Project, which will create the first interconnector or direct power link between Germany and Great Britain, connecting two of Europe’s largest energy markets is making a move as contracts of £1.5 billion have been awarded by its consortium for the development of undersea link for electricity transmission between Europe’s two largest economies – […] Read more
CIP, NZ Pension Fund Explore Wind Farm To Support 100% Renewable Target By 2030 Updated On Fri, Apr 1st, 2022 by Saurenergy New Zealand Superannuation Fund has partnered with Denmark based Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind farms in the country. The projects may come up in a large bay on the western coast of North Island – South Taranaki Bight. The pension fund can invest $1.75 billion in a wind […] Read more
US scientists discover way to improve battery efficiency for grid, transportation Updated On Mon, Mar 28th, 2022 by Saurenergy Battery-powered vehicles have made a significant dent in the transportation market. But that market still needs lower cost batteries that can power vehicles for greater ranges. Also desirable are low-cost batteries able to store on the grid the intermittent clean energy from solar and wind technologies and power hundreds of thousands of homes. To meet […] Read more
Rhode Island plans 600-MW offshore wind procurement Updated On Fri, Mar 25th, 2022 by Saurenergy The smallest state in the United States, Rhode Island’s Governor Dan McKee has announced that legislation has been introduced which would require a market-competitive procurement of approximately 600 MW of new offshore wind capacity If enacted, the legislation would require Rhode Island’s primary utility company to issue a procurement no later than 15 August 2022. […] Read more