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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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Gujarat Issues Draft Tariff Determination Norms For Solar-Wind Hybrid Projects

The Gujarat Electricity Regulatory Commission (GERC) has now come up with a discussion paper to develop a tariff framework for the procurement of power from wind-solar hybrid projects. It is applicable for wind-solar hybrid projects and such projects with storage too. It has asked the stakeholders and public to comment on the draft proposals by the end […]

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Fred. Olsen 1848 Unveils Bolette: A Solution for Wave-Resilient Floating Solar

Oslo, Norway based renewable energy company, Fred.Olsen 1848, has launched an innovative solution called Bolette, designed to unleash the potential of near- and offshore floating solar installations by enabling PV modules to move independently and effortlessly. Bolette tackles the primary challenge faced by floating solar, namely the combined impact of high wave loads and strong […]

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UEA’s Princeton Digital Group & Tata Power Collaborate For RE Supply to Indian Data Centre

UAE-based Mubadala Investment Company has announced a partnership between its investee firms, Princeton Digital Group (PDG) and Tata Power Renewable Energy Limited. This collaboration was meant to utilise green power for a Mumbai-based data center. With this collaboration, eco-friendly electricity will be supplied to the PDG’s flagship data centers in India. As per the agreement, […]

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Chinese Battery Manufacturer EVE Energy Scores Second Gigawatt Scale US Deal

China based lithium-ion battery manufacturer EVE Energy has signed a deal with American Battery Solutions  for 5GWh of LFP lithium-ion cells a year for ABS’s TeraStor platform. The master supply agreement (MSA) will see American Battery Solutions (ABS ESS) procure 5GWh of lithium iron phosphate (LFP) battery cells from  Eve for its grid-scale energy storage […]

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Odisha Most Prone To The Adverse Impacts Of Net Zero Ambitions: Report

A latest report by the Climate Policy Initiative (CPI) claimed that Odisha is the country’s most vulnerable state regarding the adverse impacts of India’s net-zero ambitious net-zero plans. The international think-tank, in their ‘vulnerability assessment report,’ studied the risks faced by India’s coal-bearing states.  It comes with the anticipated phasing out of coal and an increase in […]

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European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth

Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […]

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Solis Makes its Presence Felt at Intersolar Europe by Unveiling PV Energy Storage Solutions

On June 14-16, 2023, Intersolar Europe, a global photovoltaic event, was kicked off in Munich, Germany. Solis, a manufacturer of energy storage and photovoltaic inverters, used the platform to showcase a new generation of photovoltaic energy storage solutions on the spot. Here is a list of innovations unveiled by Solis on the occasion- Photovoltaic Energy […]

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