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ABO Wind Sells 450 MW Wind and Solar Assets in Spain

ABO Wind has announced that it has agreed to the sale of its wind energy and solar energy assets worth 450 MW under development in Spain to 2 unnamed firms Germany-based renewable project developer ABO Wind has announced that it has signed an agreement for the sale of its wind energy and solar energy assets […]

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Focus on Energy Storage: The Technologies Leading the Charge

Lithium-Ion batteries, at various scales, dominate the energy storage conversation. But as we can see, there are many other technologies fighting for a share of the market. To read the first part of this series, click here. So just what are the options out there for storage at scale? We take a look at the […]

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Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon

For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […]

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EnBW Launches Green Bonds Worth €1 bn to Fund Clean Energy Projects

EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion Energie Baden-Württemberg AG (EnBW), a publicly-traded electric utility company headquartered in Karlsruhe, Germany, has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion. Making […]

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Energy Storage to Grow 122-Fold Over Next 2 Decades: Report

Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […]

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Telangana Planning 1 GW Solar Power, one Time Settlement of Power Dues

The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations and warned that henceforth heads of local bodies will be ‘punished’ for non-payment […]

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Azure Power Gets LoA for 300 MW Project in SECI Auction

The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […]

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Tesla Introduces New Battery for Utility Scale Energy Storage

To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […]

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India to Extend $100 mn Aid to Benin to Meet Sustainable Development Goals

India has offered financial assistance of USD 100 million to Benin with an aim to help the West African country meet its Sustainable Development Goals. India has offered concessional financial assistance of USD 100 million to Benin with an aim to help the West African country meet its Sustainable Development Goals. President Ram Nath Kovind is currently on the […]

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