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Electricity Market

“The Whole Ethos of the Company is Energy Independence”, Sunpower Renewables

As the energy market continues to open up In India, it’s throwing up a number of opportunities for firms. One such firm is Australia based Sunpower Renewables, which has focused on storage based solutions using Lithium Ion batteries. Starting with a simple solar lantern back in 2016, the firm today is offering an array of […]

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Sungrow Supplies the Largest Solar-plus-Storage Solution for Egypt Mining Site

Sungrow, the global leading inverter solution supplier for renewables, has announced a contract to supply equipment to the German developer juwi for the 36 MW off-grid solar farm and a 7.5MW battery energy storage system at Sukari gold mine operated by Centamin in Egypt. The project will be the largest solar-plus-storage plant located at a […]

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Japanese Firm to Build World’s 1st Power Transfer Vessel

PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […]

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Denmark Invites Bids for Third Technology-neutral Tender

The Danish Energy Agency (DEA) has invited bids for a technology-neutral tender, where solar cell systems, wind turbines, wave energy plants and hydropower plants can compete for support. This is the third such tender launched by Denmark and will back around 428 MW of renewable energy projects using DKK 1.2 billion ($189.5 million) in state funds. The […]

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Siemens Energy to Build Green H2 Industry in Egypt

German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […]

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India’s Emissions Have Dropped by 28% from 2005 Levels: R K Singh

India has already achieved emission reduction of 28% over 2005 levels, against the target of 35% by 2030 committed in its NDC (Nationally determined contributions), which makes India one of the few countries globally that have kept to their Paris Climate Change (COP21) commitments along with an exponential increase in renewable energy capacity, said Union […]

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Transforming the Grid with Pole-mounted Batteries: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced $4 million of ARENA funding to United Energy to trial the use of pole-mounted batteries to support more rooftop solar and manage peak demand across the low voltage distribution network in south Eastern Melbourne and the Mornington Peninsula. The first of […]

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Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question

The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […]

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ENGIE Commissions 200 MW Raghanesda Solar Project

ENGIE has announced the commissioning of a 200 MWAC (290 MWp) Solar Power Project at the Raghanesda Solar Power Park, in Raghanesda, Gujarat. ENGIE collaborated with multiple Government of Gujarat entities to construct the project that will generate close to 546 gigawatt-hours of electricity.  The project was won under a tender process run by GUVNL […]

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