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Energy Transition

GoodWe Commits To Energy Storage Solutions

At this year’s Bloomberg New Energy Finance (BNEF) Summit, GoodWe’s campaign will focus on practical solutions on how the energy needs of the future can be met in order to realize the net-zero goals set by companies, cities, and countries worldwide. GoodWe has made it its goal to develop energy storage solutions that will enable […]

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EY Study Shows Rise of ‘Omnisumer’: Customers of New Energy Solutions

A perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centers around renewables and infrastructure, it mostly overlooks the customer. EY has conducted a survey of 34,000 energy consumers across 17 countries to understand their shifting needs, values and expectations, and the results present […]

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B.Tech In Energy Engineering At IIT Delhi To Start From Coming Session

The Indian Institute of Technology (IIT) Delhi has  announced a new undergraduate course– B.Tech. in Energy Engineering, that will be offered by the institute’s department of energy science and engineering (DESE). The move comes even as the opportunities, and requirements for skilled energy professionals skyrockets, with the country in the midst of a massive energy […]

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FaaS Firm Oorja Secures $1 million in Seed Funding For Its Clean Energy Solutions

Oorja, a firm that describes itself as a Farming as a Service (FaaS) operating to connect agriculture and clean energy, has completed a US $1 million (Rs 7.5 crores) Seed funding round. The round includes equity investment from Schneider Electric Energy Access Asia (SEEAA) and grant funding from Water & Energy for Food Grand Challenge […]

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ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US

ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […]

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Annual Energy Storage Installations to Exceed 30GW by 2030: IHS Markit

The global energy storage market continues to prove resilient to the impacts of COVID-19 and supply constraints for Li-ion batteries and will enter a prolonged period of growth this year, with annual installations reaching more than 30 GW by 2030 – up 250% from 2021 levels – according to the latest report from the Clean […]

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I Squared Capital Sets Up New Renewable Energy Platform

Global infrastructure fund manager I Squared Capital has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy in Continental Europe. The platform will develop, re-power, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery […]

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EIB Grants Ørsted €500 M Loan for Green Energy Projects

The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […]

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