EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
From Potential to Progress: What Does Africa Renewable Energy Journey Look Like? Updated On Thu, Jul 13th, 2023 by Saurenergy With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […] Read more
1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead Updated On Mon, Jul 10th, 2023 by Saurenergy Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […] Read more
KPI Green Energy Adds Order Win of 7.70 MW to Portfolio Updated On Fri, Jul 7th, 2023 by Saurenergy A provider of renewable energy solutions, KPI Green Energy Limited, has revealed that it has secured new orders with a cumulative capacity standing at 7.70 MW towards the development of a solar power plant. Of the cumulative capacity of 7.70 MW, 6.70 MW has been assigned to KPI Green Energy Limited. The remaining 1 MW […] Read more
Sungrow In Pact With Penso Power and BW ESS For 260MWh Battery Storage in the UK Updated On Tue, Jul 4th, 2023 by Saurenergy Sungrow, the international battery storage manufacturer, will supply Penso Power and BW ESS with the equipment for the fully consented 100 MW / 260 MWh project in Bramley, Hampshire.Sungrow to Provide Penso Power and BW ESS with 260MWh Battery Storage in the UK Bramley is an important project in Penso Power and BW ESS’s development partnership […] Read more
Energy Trading In An Interconnected World Updated On Thu, Jun 22nd, 2023 by Saurenergy Matteo Mazzoni, Director of Energy Analytics, ICIS Energy markets are evolving, moving away from discrete regional or local hubs to become truly global and far more interconnected than ever before. The rise of LNG and associated infrastructure investment, for example, has seen it emerge as an analogue of more traditional natural gas hubs. Whereas previously, […] Read more
Chinese Battery Manufacturer EVE Energy Scores Second Gigawatt Scale US Deal Updated On Tue, Jun 20th, 2023 by Saurenergy China based lithium-ion battery manufacturer EVE Energy has signed a deal with American Battery Solutions for 5GWh of LFP lithium-ion cells a year for ABS’s TeraStor platform. The master supply agreement (MSA) will see American Battery Solutions (ABS ESS) procure 5GWh of lithium iron phosphate (LFP) battery cells from Eve for its grid-scale energy storage […] Read more
Balancing Energy & Aquaculture in Bangladesh: First Floating Solar Power Plant Connects to National Grid Updated On Mon, Jun 19th, 2023 by Saurenergy Bangladesh has connected its first floating commercial solar power plant to the national grid. The farm is located in Chapainawabganj District, about 302 km northwest of the country capital Dhaka. The Joules Nawab Floating Solar Plant project consists of solar panels aggregating to a capacity of 2.3 MW mounted on specially designed floating platforms in […] Read more
Chile to Launch $2 Billion Bill for Large-Scale Energy Storage Systems for 2026-2028 Updated On Mon, Jun 12th, 2023 by Saurenergy The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026 and will be the largest project of its kind in Latin America. President Gabriel Boric highlighted the necessity of integrating […] Read more
