USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days Updated On Thu, Jan 19th, 2023 by Saurenergy As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […] Read more
South Korea’s Battery Majors LG Energy & Hanwha Explore Partnership for BESS Updated On Mon, Jan 16th, 2023 by Saurenergy South Korean firms LG Energy Solution and Hanwha, global giants in the world of global battery and renewable energy technology, are looking to set up battery storage centric manufacturing facilities. The units will be established in the US. The said firms have entered into a partnership to make headways into US battery energy storage system […] Read more
Enel Gears to Add 21 GW Renewable Assets in Core Countries Updated On Thu, Nov 24th, 2022 by Saurenergy Enel, an Italian multinational manufacturer and distributor of electricity and gas is exiting the big markets of Romania, Peru and Argentina and now the company has held that its exit is a part of the 2023-2025 strategic plan under which Enel will focus on Spain, the US, Brazil, Colombia, Chile and its home market Italy. […] Read more
Invergy’s Capacitor-based Battery Storage Technology will Bring a Revolution to the Storage Industry Updated On Thu, Nov 10th, 2022 by Saurenergy AT REI 2022 in Greater Noida’s Expo Centre, India’s renewable energy majors were present in strength this year. SaurEnergy caught up with (Deepak Pandey, CEO of iNVERGY) to know more about their plans and expectations. Read more
NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK Updated On Wed, Nov 2nd, 2022 by Saurenergy Guernsey-based leading investment company NextEnergy Solar Fund Ltd has announced that the company has purchased a 250 megawatt (MW) diversified portfolio of battery storage projects and grid connections. The portfolio lies in east of England in United Kingdom. NextEnergy Solar Fund is an asset manager in the solar energy sector. As per the announcement, NextEnergy […] Read more
Mainstream Inks Deal to Develop RE Plants in South Africa Updated On Mon, Oct 17th, 2022 by Saurenergy Global green energy player Mainstream Renewable Power has signed a lease agreement with South Africa’s national electricity company – Eskom – for a 1,650-hectare site where it plans to build and operate renewable energy plants. The quantum of the renewable energy project has not yet been disclosed by the company. The official statement of Mainstream […] Read more
US Residential Solar Systems See Growth in Size, Decline in Price Updated On Tue, Oct 11th, 2022 by Saurenergy An annual solar report released by Lawrence Berkeley National Laboratory (LNBL), Tracking the Sun, has made key observations about the residential solar systems in the US. The report records the trends in the US market for close to 2.5 million systems installed in 2021 year-end, along with the preliminary data for the first half of […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
EV Charging Firm Terawatt In $1 Billion Funding Deal Updated On Fri, Sep 16th, 2022 by Saurenergy San Francisco based startup TeraWatt Infrastructure has raised over $1 billion from investors to expand a network of charging centers across the US focused on electric vehicle fleet customers. The Four-year-old TeraWatt Infrastructure came out of stealth mode in May 2021 , and has been co-founded by investment adviser Keyframe Capital. Cyrus Capital also funded […] Read more
