SAE secures key support for expanding MeyGen tidal energy project

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 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

SAE Renewables (LON:SAE), a prominent player in the UK’s renewable energy sector, is on an ambitious path to reshape the energy landscape. Analyst Daniel Slater of Zeus Capital provides a comprehensive overview of SAE’s prospects, highlighting

UK is phasing out coal faster than any other G20 nation, analysis shows. New analysis published by energy thinktank Ember shows that the UK is weaning its electricity grid off coal power at the fastest pace

The renewable energy sector continues to be a driving force in the global transition towards sustainable energy solutions. The industry is experiencing rapid growth, driven by technological advancements, policy support, and increasing demand for clean energy.

Plans for a significant 300MW battery storage facility in Caithness have been submitted to the Scottish Government. SAE has revealed its intention to establish a battery energy storage system (BESS) half a kilometre south of Mey,