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Electricity Market

US DOE Grants $43 mn for Carbon Capture and Storage Tech Development

US DOE has announced $43 million in funding to develop carbon capture and storage technologies that enable power generators to be responsive to grid conditions in a highly variable renewable energy penetration environment. The US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced up to $43 million in funding to develop carbon capture […]

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Asia Pacific’s Clean Energy Bill to hit $3.5 Trillion by 2040

New research has indicated that the Asia Pacific decarbonisation bill could hit USD 3.5 trillion by 2040. New research has indicated that the Asia Pacific decarbonisation bill could hit USD 3.5 trillion by 2040. This includes investments in solar, wind, hydrogen, nuclear, and hydropower, collectively referred to as zero-carbon energy between now and 2040, under […]

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Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years

In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […]

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Hexagon Peak, Huawei Ink Pact for 200MW Solar Projects in Vietnam

China-based one of the leading photovoltaic (PV) inverter makers, Huawei has entered into an agreement with Hexagon Peak, the project development arm of Hexagon Holdings Singapore, for Hexagon’s pipeline of 200 MW utility scale projects in Vietnam, which estimated COD in first quarter of 2021. Commenting on the partnership, Hexagon Peak, Chief Executive Officer, Milan […]

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Driivz to Bring Smart EV Charging Services to Japan With Ennet

Driivz has been selected by the Ennet to deliver its advanced energy management tools for the smart EV charging service EnneEV in Japan Driivz has been selected by the Ennet Corporation, a leading specified-scale electricity utility in Japan under the NTT Group, to bring smart EV charging services to the country. The project will enable Ennet to […]

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E.ON and RWE Complete Renewable Power Supply Agreement

E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms amounting to nearly 892 MW E.ON and RWE Renewables have announced a new 2.5-year agreement on purchasing the output of more than 20 British wind farms, supplying sustainable power to the grid and supporting […]

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Ørsted to Build its 1st Solar Energy Plus Storage Facility in Texas

Ørsted has commenced construction on its first utility-scale solar plus battery storage project, the 460 MW Permian Energy Center in Andrews County, Texas. The leading developer of Offshore wind energy projects globally, Ørsted has announced recently that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar […]

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As California Looks To Fill Power Gap by 2022, RE’s Eye Opportunity

For Countries like India, which are still hamstrung by capital, costs or a thermal legacy in their push to adopt renewables as fast they should, the state of California continues to provide an ongoing lesson . Be it mandating a target to decarbonise its energy sector by 2050, or the selective subsidies on both solar […]

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GE Renewable Energy to Build 715 MW Wind Farm in China

GE Renewable Energy and China Huaneng Group have signed an agreement to build a 715 MW wind farm in China. GE Renewable Energy and China Huaneng Group have signed an agreement at the China International Import Expo (CIIE) to build a 715 MW wind farm in Puyang, Henan Province, China. This record deal represents GE’s […]

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