SAE has achieved financial close for its 240MWh AW1 battery storage project at Uskmouth, securing £67.4m in funding. The project is forecast to deliver average annual revenues of £13m and EBITDA of £9m over its first five years, with operations set to begin in Q1 2027...
SAE has signed supply and construction agreements for its 240MWh AW1 battery storage project at Uskmouth Sustainable Energy Park, with potential to scale to 480MWh. Canadian Solar will supply the batteries and provide a 15-year service agreement, while Jones Bros will handle construction. A 12-year revenue deal with EDF and a framework for 1.1GWh of future battery supply have also been agreed...
Investors are turning their gaze to the ocean’s rhythmic pulse as tidal power emerges from pilot projects into a viable, predictable renewable asset class...
A turbine off Scotland’s coast has turned ocean currents into a consistent power source for over six years, signalling a new era for predictable renewable energy...
A glimpse beneath the waves reveals how SAE Renewables’ resilient turbines and data-driven upkeep are turning tidal currents into a reliable, cost-effective power source...
A new wave of opportunity is cresting where tidal turbines meet regional partnerships, creating a blueprint for renewable returns and local revitalisation...
SAE Renewables reported steady progress in 2024, securing full ownership of its 240MWh AW1 battery project and submitting plans for a 1,200MWh system in Scotland. Revenues reached £14.4m, with EBITDA at £7.9m...
Explore the potential of tidal energy, a reliable and consistent renewable resource that complements wind and solar power while paving the way for innovative solutions...
MeyGen evolves tidal energy management with real-time fibre-optic monitoring, enhancing maintenance precision and operational efficiency for subsea assets...
The MeyGen tidal array in Scotland is evolving into a commercial powerhouse, showcasing the potential of tidal energy with advanced monitoring and predictive insights...
As the world shifts towards a net-zero future, tidal energy is emerging as a formidable player, with SAE Renewables leading innovative advancements in this reliable power source...
Tidal energy is gaining recognition as a stable and reliable renewable resource, offering predictability and minimal emissions, essential for energy security and net-zero goals...
Discover how Scotland's tidal energy, led by SAE Renewables and its MeyGen project, is reshaping the renewable landscape and unlocking new investment opportunities...
Newport is transforming from a coal power hub to a leader in clean energy, showcasing this shift with the Uskmouth Power Station's new battery storage facility...
Tidal energy is emerging as a key renewable power source, with SAE Renewables leading the charge through its groundbreaking MeyGen project in Scotland...
SAE Renewables and Econergy have joined forces to launch the AW2 250MW Battery Storage project at Uskmouth, enhancing the UK's renewable energy capabilities...
The MeyGen tidal project in Scotland achieved a record high in electricity output with its AR1500 turbine, showcasing the immense potential of tidal energy in renewables...
SAE has achieved financial close for its 240MWh AW1 battery storage project at Uskmouth, securing £67.4m in funding. The project is forecast to deliver average annual revenues of £13m and EBITDA of £9m over its first five years, with operations set to begin in Q1 2027...
SAE has signed supply and construction agreements for its 240MWh AW1 battery storage project at Uskmouth Sustainable Energy Park, with potential to scale to 480MWh. Canadian Solar will supply the batteries and provide a 15-year service agreement, while Jones Bros will handle construction. A 12-year revenue deal with EDF and a framework for 1.1GWh of future battery supply have also been agreed...
Investors are turning their gaze to the ocean’s rhythmic pulse as tidal power emerges from pilot projects into a viable, predictable renewable asset class...
A turbine off Scotland’s coast has turned ocean currents into a consistent power source for over six years, signalling a new era for predictable renewable energy...
A glimpse beneath the waves reveals how SAE Renewables’ resilient turbines and data-driven upkeep are turning tidal currents into a reliable, cost-effective power source...
A new wave of opportunity is cresting where tidal turbines meet regional partnerships, creating a blueprint for renewable returns and local revitalisation...
SAE Renewables reported steady progress in 2024, securing full ownership of its 240MWh AW1 battery project and submitting plans for a 1,200MWh system in Scotland. Revenues reached £14.4m, with EBITDA at £7.9m...
Explore the potential of tidal energy, a reliable and consistent renewable resource that complements wind and solar power while paving the way for innovative solutions...
MeyGen evolves tidal energy management with real-time fibre-optic monitoring, enhancing maintenance precision and operational efficiency for subsea assets...
The MeyGen tidal array in Scotland is evolving into a commercial powerhouse, showcasing the potential of tidal energy with advanced monitoring and predictive insights...
As the world shifts towards a net-zero future, tidal energy is emerging as a formidable player, with SAE Renewables leading innovative advancements in this reliable power source...
Tidal energy is gaining recognition as a stable and reliable renewable resource, offering predictability and minimal emissions, essential for energy security and net-zero goals...
Discover how Scotland's tidal energy, led by SAE Renewables and its MeyGen project, is reshaping the renewable landscape and unlocking new investment opportunities...
Newport is transforming from a coal power hub to a leader in clean energy, showcasing this shift with the Uskmouth Power Station's new battery storage facility...
Tidal energy is emerging as a key renewable power source, with SAE Renewables leading the charge through its groundbreaking MeyGen project in Scotland...
SAE Renewables and Econergy have joined forces to launch the AW2 250MW Battery Storage project at Uskmouth, enhancing the UK's renewable energy capabilities...
The MeyGen tidal project in Scotland achieved a record high in electricity output with its AR1500 turbine, showcasing the immense potential of tidal energy in renewables...