On the sidelines of COP27 in Sharm El Sheikh, Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, signed a MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development of a secure and sustainable supply of raw materials and refined materials. Ursula von der Leyen said on the occasion, “This partnership with Kazakhstan shows Europe’s commitment to work with partner countries on our shared commitments to a greener and more resilient future…
Author: Saurenergy International
Baseload power, the final hurdle for renewable energy, especially wind and solar, looks set to face its first assault from renewables. French renewable energy developer Neoen, which has been involved with multiple big battery and renewable projects in Australia, has signed a first of its kind “baseload” contract with mining first BHP to supply power to its Olympic Dam copper mine in South Australia with a combination of wind and battery storage. The move comes even as mining giants worldwide seek to reduce their emissions footprint by sourcing ever higher renewable energy for their operations. BHP has comitted to reduce…
The world’s first commercial offshore floating solar that has been combined with an offshore wind turbine is now online in China. The project has been initiated by State Power Investment Corporation (SPIC), a utility that is owned by the Government of China. SPIC is among the five major utility firms in China and it is also the largest PV power generation firm. The said pilot project lies off the coast of Haiyang in eastern China and employs the patented floating solar technology from Norway-based floating solar solutions provider, Ocean Sun. The floating project boasts of an installed capacity of 0.5…
In a major development, the US and the UAE have signed a new clean energy framework on demonstrating their deep commitment for global clean energy future and long-term energy security through a partnership to ensure the swift and smooth transition toward clean energy and away from unabated fossil fuels. The official statement held that the US-UAE Partnership for Accelerating Clean Energy (PACE) is set to catalyze $100 billion in financing, investment, and other support and to deploy globally 100-GW of clean energy by 2035 to advance energy transition and maximize climate benefits. PACE’s ambitious plan is built upon four pillars:…
Saeed Mohammed Al Tayer, MD&CEO of Dubai Electricity and Water Authority (DEWA), has said that DEWA has added 300 MW of solar PV this year from the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park. The Solar Park will have a green power generation capacity of 5,000 MW by 2030. The project is the world’s largest single-site solar park employing the Independent Power Producer model. The 5th phase, which is presently being developed, will have a total capacity of 900MW through an investment of AED 2 billion. The project will be operationalised in phases until 2023. Saeed…
Tdafoq Energy of Riyadh, Saudi Arabia has entered into a distribution and manufacturing license with India-based Delectrik Systems. Tdafoq Energy will exclusively sell Delectrik’s Vanadium Redox Flow Battery products manufactured in India in the Gulf countries. According to the official statement of the companies, the sales will take place in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE. Tdafoq said that it has also begun to setup a local Flow Battery manufacturing plant in Saudi Arabia which will serve the Gulf region. Tdafoq promises to deliver on all these terms and even more with the innovative line of products from…