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Envision Launches 5 MWh Container Battery Energy Storage System

Green technology and energy storage solutions company Envision Energy has announced the launch of its 5 MWh Containerized Liquid-Cooled Battery Energy Storage System. This advanced system not only enhances Envision’s energy storage product lineup but also sets new benchmarks for safety and performance in the industry, it said. “Envision places a premium on safety, adopting […]

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Cabinet Approves Viability Gap Funding For Offshore Wind

The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […]

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Brookfield To Get IFC Funds For 550 MW Rajasthan Solar Park

A portion of the funding required by Brookfield Asset Management to construct a 550-MWp solar park in the Indian state of Rajasthan would come from the International Finance Corporation (IFC). The Canadian organisation will be compensated USD 105 million (EUR 98 million) for long-term non-convertible debentures that are assigned to the special purpose vehicles of […]

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Vestas Gets 577 MW Order For 1.3 GW Australia Wind Project

Vestas has been awarded the Engineering, Procurement, and Construction (EPC) for the second stage of Golden Plains Wind Farm in Australia. The second stage will feature 93 of Vestas’ V162-6.2 MW wind turbines from the EnVentus platform. Vestas is currently delivering the 756 MW EPC contract for the first stage. The extension will provide an […]

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NTPC REL Invites Bids For 1000 MW Wind Energy Project In Karnataka

NTPC Renewable Energy Limited (NTPC REL) has invited bids for the balance of the system package of an Inter-State Transmission System (ISTS)-connected wind energy project with a capacity of 1000 MW in Davangere Region in Karnataka under (Tranche-IV). The NTPC-REL tender was mandated the bidders to take up the responsibility of detailed design, engineering, micro-siting, […]

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Despite Record Investments, World Off Track For 2030 RE Target: EY

Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […]

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SolarEdge To Rollout Energy Optimisation Software Platform

Provider of smart energy technology, SolarEdge Technologies, Inc., announced the global launch of SolarEdge ONE for C&I, a complete software-based energy optimization platform for commercial and industrial (C&I) solar applications. It is anticipated that this platform will be widely accessible in the upcoming months. The company’s energy optimization platform, SolarEdge ONE for C&I, was created […]

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$20bn To Flow Into European Offshore Substations: Rystad Energy 

A new report from Rystad Energy projects that 137 substations will be installed offshore continental Europe this decade, requiring $20 billion in total investment. The team said that installations are gathering pace worldwide leading to the need for reliable, accessible infrastructure to bring the generated power onshore and into the electricity grid. “Demand for offshore […]

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Astronergy to Supply 700MW of N-Type TOPCon PV Modules to Atlas Energy

The largest privately-owned independent power producer (IPP) of renewable energy in Latin America, Atlas Renewable Energy, and Astronergy have signed a collaboration framework deal. As part of this deal, 700MW of ASTRO N series products from Astronergy, a pioneer in n-type TOPCon PV modules, will be provided to Atlas for a range of solar projects […]

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