European Commission Approves €400 Mn Renewable Energy aid for Denmark Updated On Wed, May 5th, 2021 by Saurenergy The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […] Read more
Solid Power Raises $130 Million, Ford & BMW Expands Partnership Updated On Tue, May 4th, 2021 by Saurenergy Solid Power, maker of all-solid-state rechargeable batteries for electric vehicles (EVs) has announced raising USD 130 million in investmentments in its Series B. The investment was led by three giants including, Ford Motor Company, BMW Group, and Volta Energy Technologies. Interestingly, Ford and BMW have also extended their partnership into Solid Power to secure and […] Read more
Talen Energy Reveals 1 GW of Battery Storage Development Projects Updated On Tue, May 4th, 2021 by Saurenergy Talen Energy Corporation has announced that it is developing a one gigawatt stand-alone battery storage projects across its U.S. footprint. This development is a part of its strategic transformation to renewable energy and digital infrastructure growth platform. The company is expected to develop these battery projects ranging from 20 to approximately 300 megawatts across three […] Read more
Hydrostor to Develop 1 GW Energy Storage Facility in California Updated On Mon, May 3rd, 2021 by Saurenergy Hydrostor has announced the development of a 1 GW of long duration energy storage project in the state of California. Hydrostor, a long-duration energy storage solution provider, announced the development of 1,000 MW (1 GW) of long duration energy storage project in the state of California. The California Public Utilities Commission has identified a need […] Read more
Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
Seven Key Principles for Implementing ‘Net-Zero’ Emissions: IEA Updated On Fri, Apr 30th, 2021 by Saurenergy The International Energy Agency (IEA) presented ‘The Seven Key Principles for Implementing Net Zero’ at the IEA-COP26 Net Zero Summit, held last month, which were then adopted by many IEA Member Countries to guide the implementation of net zero commitments. Over 120 countries have so far announced their intention to bring emissions to net zero […] Read more
12th ITRPV Report: Lower PV Prices, Larger Wafer Formats, and more.. Updated On Fri, Apr 30th, 2021 by Saurenergy The 12th edition of the annual International Technology Roadmap for Photovoltaic (ITRPV) report was released yesterday by Frankfurt-headquartered German engineering association the VDMA (Verbandes Deutsche Maschinen- und Anlagenbau). Drawing on insights provided by 56 international experts along the PV value chain, the report examines contemporary trends permeating the PV technology industry and speculates about the […] Read more
German Researchers Develop 18% Efficient Large-area Perovskite Module Updated On Thu, Apr 29th, 2021 by Saurenergy Advancements in perovskite technology have been happening at a rapid rate in the last few years but the area is still riddled with challenges related to size, efficiency and stability of the cells. Fresh positive news has come from Germany where researchers claim to have resolved possibly the biggest hindrance in the mass application of […] Read more
Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA Updated On Thu, Apr 29th, 2021 by Saurenergy Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […] Read more
