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Energy Transition

Electricity Storage Valuation Framework

Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […]

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Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac

Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […]

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Solar Technology Versus Fossil Fuels. Is Endgame here?

Over last few decades, scientists are trying to come up with innovative and efficient ways to utilize energy from the sun. From times immemorial, humans across different civilisations have worshipped the sun as a God due to its various life-giving properties, and rightfully so. We have been using sun for its heating and lighting properties […]

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Saudi Arabia Lists 49 Pre-Qualified Bidders for 1.2 GW Solar Tender

The Saudi Arabia REPDO has issued the list of all the pre-qualified bidders in round three of the Kingdom’s NREP for four solar PV projects worth 1.2 GW The Saudi Arabia Renewable Energy Project Development Office (REPDO) has issued the list of all the pre-qualified bidders in round three of the Kingdom’s National Renewable Energy […]

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Lightsource BP Completes $250 Mn Financing for Solar Project in Texas

Lightsource BP has successfully closed on a USD 250 million financing package for its 260 MW Impact Solar project located in Texas Lightsource BP, a global solar leader, has announced that it has successfully closed on a USD 250 million financing package for its Impact Solar project located in Lamar County, Texas, 120 miles northeast […]

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Solis Powers 4MWs of Solar for Walmart in Mexico

High-efficiency Solis 60kW advances retail giant’s green goals Ginlong Technologies (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing, has fitted eight new solar systems at Walmart stores across Mexico with a total installed capacity of 4MWs. Providing 99% efficiency, the high-performing Solis 60kW inverter delivers safe and reliable technology to participating stores. […]

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IRENA Invites RE Developers to Register Projects on Investment Platform

IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […]

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Amazon Announces 4 new Wind, Solar Projects in Australia, Europe and US

Amazon has announced four new wind and solar power projects in Australia, Spain, Sweden, and the US, worth a combined 300 MW capacity E-commerce major Amazon has announced four new renewable energy – wind and solar power projects in Australia, Spain, Sweden, and the US that further support its commitment to reach 80 percent renewable […]

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Osaka Gas Enters Footprint in US’ RE Space; Invests in SolAmerica

Osaka Gas USA (OGUSA), an arm of Osaka Gas Co., has agreed to invest in SolAmerica Energy, US-based distributed solar energy project developer and EPC provider. This joint venture will mark the company’s first investment in the US renewable energy sector. It will also further expand it’s power portfolio in North America. The investment will further be used […]

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