SAE Renewables CFO on Transformational 2023 Results and Future (VIDEO)

Oceans are a vast reservoir of energy, and with the progression of technology, waves and tides have emerged as promising sources of renewable power in the global effort to move away from fossil fuels. Water covers

As global attention shifts towards the need for sustainable energy, the potential of our oceans is coming to the forefront. Wave and tidal energy, which harness the natural movement of seawater, present a largely untapped, renewable

SAE has secured a significant Contract for Difference (CfD) in the latest allocation round for the MeyGen site. These contracts guarantee £172 per megawatt hour (MWh) over a period of 15 years, starting from 31 March

UK renewables auction results have been met with approval by key industry players, especially after six tidal stream projects secured contracts. This success is seen as a positive indicator of growth in the tidal energy sector.

Six tidal stream energy projects, with a combined capacity of 28 MW, have secured contracts in the UK’s sixth Contracts for Difference (CfD) allocation round. The projects, spread across five sites, won contracts priced at GBP

SAE has recently secured a Contract for Difference (CfD) as part of the latest Allocation Round for the MeyGen tidal energy project. This CfD guarantees a price of £172 per megawatt-hour (MWh) for 15 years, starting

SAE Renewables owns the Uskmouth site in Newport, South Wales, along with its grid connection, infrastructure, and existing power station. The company is focused on converting the site into a sustainable energy park, with the potential

The UK’s renewable energy sector is witnessing a significant surge in tidal stream capacity, thanks to the establishment of a dedicated support mechanism for this technology in 2022. The first ringfence secured contracts for over 40MW

SIMEC Atlantis Energy Ltd (LON:SAE), now known as SAE Renewables, has acquired a 120-MW/240-MWh battery energy storage system (BESS) project in Newport, South Wales. This significant initiative is part of the Uskmouth Sustainable Energy Park (USEP),

SIMEC Atlantis Energy (SAE Renewables) has fully acquired the 120MW Battery Energy Storage System (BESS) project located at the Uskmouth Sustainable Energy Park. On 6 August, SAE finalised a share purchase agreement (SPA) with Enso Green

The UK’s annual renewable auctions have achieved an impressive pipeline of tidal stream capacity, thanks to the ringfence introduced for the technology in 2022. The first ringfence secured over 40MW of tidal stream capacity, and the

The global energy sector is undergoing a transformative shift towards sustainability, driven by the urgent need to address climate change and reduce carbon emissions. This transition is marked by significant advancements in renewable energy technologies, supportive

The renewable energy sector is experiencing an unprecedented surge, driven by global initiatives to combat climate change and reduce carbon emissions. Governments and corporations are investing heavily in clean energy technologies, leading to significant advancements and