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Energy Transition

IRENA and China State Grid to Advance Transition via Power System Enhancements

IRENA and State Grid Corporation of China (SGCC) to support grid enhancements, system flexibility and sector-coupling in China and IRENA’s Clean Energy Corridor regions. The International Renewable Energy Agency (IRENA), and the State Grid Corporation of China (SGCC), have signed a new Memorandum of Understanding (MoU) that will see the two organisations work closely to […]

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Statkraft Completes Second Irish Energy Storage Project

The Norwegian utility entered a contract with EirGrid and has commenced providing reserves to the national electricity grid in the event of a sudden drop-off in supply. Statkraft Ireland Managing Director, Kevin O’Donovan said “we are delighted to have completed construction of our second battery project just one year after we energised Kilathmoy, the first […]

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Waaree Energy Storage System Secures Seed Funding of USD 2 Million

Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […]

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Vistra to Close Coal Plant in 2022 as it Transitions to a Cleaner Future

Vistra seeks to invest over $550 million across central and southern Illinois to build zero-emission renewable energy centers at plant sites Vistra and its subsidiary, Electric Energy, Inc., are today announcing the retirement of the Joppa Power Plant by Sept. 1, 2022, three years earlier than previously disclosed. The revised closing date is part of an agreement […]

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GE Signs 1.48 GW Agreement with Invenergy for North Central Wind Energy Facilities

GE Renewable Energy announced today that it has been selected to provide onshore wind turbines for the 1485MW North Central Wind Energy Facilities in Oklahoma. Through this agreement, GE will deliver 492 x 2.X-127s and 39 x 2.X-116 turbines with varying nameplates and hub heights. The North Central Wind Energy Facilities is a group of […]

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World Adds Record new Renewable Energy Capacity in 2020: IRENA

According to IRENA, the world added more than 260 GW of renewable energy capacity last year, exceeding expansion in 2019 by close to 50%. Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic. According to data released today by the […]

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CDPQ and Energize Ventures Partner to Invest in Clean Energy Technologies

Energize Ventures, a leading global alternative investment manager, and Caisse de dépot et placement du Québec (CDPQ), a global investment group, announced today the beginning of a new co-investment partnership under which CDPQ will invest up to US$125 million over the next three years in ventures that aim to accelerate the digital transformation of energy and sustainable […]

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Apple Commits to More Clean Energy, With Energy Storage Marking a new Frontier

Apple has announced that it is investing in a major energy storage project in California to pilot new solutions for renewable infrastructure. Apple has announced that over 110 of its manufacturing partners around the world are moving to 100 percent renewable energy for their Apple production, with nearly 8 gigawatts (GW) of planned clean energy […]

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UK Govt Announces Promising new Deal in Offshore Clean Energy Shift

UK government has announced a new North Sea Transition Deal with the oil and gas industry. Under the new deal, the government has pledged that the high-skilled oil and gas workers and the supply chain will not be left behind in the transition to a low carbon future. Providentially, this deal will support workers, businesses, […]

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