EDF Renewables-DP Energy JV to Build 1 GW Floating Wind Project in UK Updated On Thu, Jan 13th, 2022 by Saurenergy EDF Renewables UK has created a joint venture with project developer DP Energy to generate up to 1 gigawatt (GW) of wind power from floating turbines in the Celtic Sea, it said on Wednesday. The floating offshore wind project, ‘Gwynt Glas’, will likely span English and Welsh waters south of Ireland. The partners have identified […] Read more
Blackstone to Invest $3 B in North America’s Largest Private RE Firm Updated On Mon, Jan 10th, 2022 by Saurenergy New York City-based Blackstone Inc said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy firm in North America. The money that Blackstone will invest is aimed at providing capital to accelerate Invenergy’s renewables development activities, the company said in a statement. Blackstone, the world’s largest manager of […] Read more
Bangladesh’s Largest PV Project Goes Online With Sungrow Inverters Updated On Mon, Dec 20th, 2021 by Saurenergy Bangladesh, which is celebrating its 50th year of independence this year, has started commercial operations at its largest PV project — the 130 MWp Bagerhat solar power plant. Powered by Sungrow’s central inverter solutions, which works closely with the ABB and Orion Group in the country. 130 MWp PV project in Bangladesh With 95% of Bangladesh’s […] Read more
The US Doubles Down On Energy Storage Capacity Updated On Mon, Dec 13th, 2021 by Saurenergy The market for energy storage in US is making big strides, driven by the record growth in the past year even though Covid pandemic upset the momentum of various other industries across the world. Renewable storage market has rather been holding up the country’s economic prospects. Over the year 2020, 1,464 MW/3,487 MWh of new […] Read more
Green Products to be Cheaper After EU Changes VAT Rules Updated On Thu, Dec 9th, 2021 by Saurenergy European Union finance ministers agreed on Tuesday to change EU rules so that they can cut the Value Added Tax (VAT) on goods and services linked to fighting climate change, health protection and making the EU more ready for the digital age. At the same time they agreed to phase out by 2030 some of […] Read more
Europe & US Boost Their Domestic Wind Energy Industries Updated On Tue, Dec 7th, 2021 by Saurenergy Announcements of new projects and partnerships — Vineyard Wind 1, Valmont SM’s new wind turbine tower factory at Port of Esbjerg, and the Nigg Offshore Wind factory, to name a few — indicate that Europe and the US are ramping up their wind manufacturing capacity to gain a strong foothold in the much anticipated renewable energy-powered […] Read more
Australian JV to Build Country’s Largest Privately Funded Battery Updated On Thu, Dec 2nd, 2021 by Saurenergy Engie, Macquarie’s Green Investment Group (GIG), and Fluence have partnered to deliver Australia’s largest privately-funded and owned utility-scale battery. The project will connect to existing network infrastructure to support the transition to renewable energy at the site of the former Hazelwood Power Station in the Latrobe Valley. Providing 150 MW/150 MWh of flexible energy, the […] Read more
Amazon Adds 18 New RE Projects in Europe & US; Funds 274 Globally Updated On Thu, Dec 2nd, 2021 by Saurenergy E-commerce giant Amazon has announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totalling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and aims to power 100% of its business operations with renewable energy by […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more
