Hitachi Energy Plans To Invest $4.5 Bn In Clean Energy By 2027 Updated On Mon, Jun 10th, 2024 by Saurenergy Switzerland-based Hitachi Energy recently announced its plan to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027. This is double the investments made by the company in the last three years. This investment complements the company’s recently announced $1.5 billion investment in April this year to ramp up global transformer […] Read more
SaurEnergy Explains: Why Is PVEL Scorecard Important For Indian Manufacturers? Updated On Mon, Jun 10th, 2024 by Saurenergy PV Evolution Labs (PVEL), an autonomous testing facility catering to the downstream solar industry and affiliated with the Kiwa Group, has released its newest PV Module Reliability Scorecard. The latest edition of the annual scorecard highlights 388 model types of PV modules from 53 manufacturers as Top Performers in PVEL’s rigorous testing. This year’s list […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
SC Net Zero Ventures Raises €125 Mn For Energy Transition Updated On Fri, Jun 7th, 2024 by Saurenergy SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […] Read more
Head Wind Energy Updated On Thu, Jun 6th, 2024 by Saurenergy Responsibilities:- Project Leadership: Lead and oversee all aspects of wind energy projects from conception to completion, ensuring they meet safety, quality, and financial targets. Team Management: Build and manage a team of skilled professionals, including project managers, engineers, and support staff, to effectively execute wind projects. Site Selection: Identify suitable locations for wind energy projects, […] Read more
EU Commission Approves Italian Scheme To Support 4590 MW RE Production Updated On Wed, Jun 5th, 2024 by Saurenergy European Commission recently approved the Italian State aid scheme that is expected to support electricity production from renewable energy sources. The European Commission has approved the aid, under EU State aid rules, an Italian scheme. This would extend support to 4590 MW new capacity for electricity production from renewable energy sources. The scheme was developed […] Read more
India Needs To Increase Renewable Deployments: IEA Report Updated On Tue, Jun 4th, 2024 by Saurenergy A latest report by the International Energy Agency (IEA) said that countries like India, European Union and the United States needed to accelerate the pace of deployment of renewable energy. The global energy think tank said that the acceleration is needed for India to achieve it target of ensuring 500 GW of capacities from non-fossil […] Read more
Li-Ion Batteries To Face Competition From Long-Duration Storage: Report Updated On Tue, Jun 4th, 2024 by Saurenergy Global energy research body BloombergNEF Research recently released a report analyzing the Long-Duration Energy Storage (LDES) growth and compared its efficacy with the popular Lithium-ion batteries. The study found that the LDES has witnessed rapid growth which garnered interest worldwide. The report anticipates that LDES will out-compete with lithium-ion batteries in some markets as decarbonization […] Read more
The Top 5 Challenges For Green Hydrogen To Overcome Updated On Mon, Jun 3rd, 2024 by Saurenergy Hydrogen as a source of energy isn’t a new concept and is dubbed as a potential alternate energy source for over a century now. However, most hydrogen produced today is generated using fossil fuel energy, a source to about a billion tons of CO2 emissions equivalent per year. The concept of green hydrogen, promising considerable […] Read more
