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battery storage

Amazon Adds 18 New RE Projects in Europe & US; Funds 274 Globally

E-commerce giant Amazon has announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totalling 5.6 gigawatts (GW) of procured capacity to date in 2021. Amazon now has 274 renewable energy projects globally and aims to power 100% of its business operations with renewable energy by […]

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India At 75 And Beyond. Solar’s Starring Role

India’s Climate Pledges Prime Minister Narendra Modi’s pledge at the COP26 Climate Summit at Glasgow, not only laid down the roadmap for India to scale up contribution of renewable energy in the overall energy blend, it also set the ball rolling for exploring a new industrial model. India, which is the third largest emitter of […]

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Top 3 Transcontinental Solar Energy Transmission Projects

Back in October 2018, when Prime Minister Narendra Modi first articulated the idea of One World One Sun One Grid (OWOSOG), perhaps even he wouldn’t have expected the progress the idea has made since. Besides being announced formally as an objective at the COP 26 meet recently, the idea of OWOSOG has made enough progress […]

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Canadian Solar Concall Highlights Global Concerns for Large Solar Manufacturers

Canadian Solar Inc.’s CEO, Shawn Qu speaking at an analyst concall after its Q3 numbers expressed confidence in the growth of solar market as a result of ‘real action, globally in the sector’. The firm saw its manufacturing division recover well after Q2, even as its projects division lagged. On revenues of $1.23 billion, the […]

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An Ancillary Services Market Will Be Key To Integration of 450 GW of Renewables By 2030

A new study, Electricity market design for efficient procurement of ancillary services in India to address changing system needs, by Wartsila and KPMG makes the case for power market reforms in India using power system simulation models. The study demonstrates that some of the renewable rich states in India could immensely benefit by adding more flexible generation […]

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‘Great Response’: Min of Heavy Ind on ACC PLI Scheme’s Pre-bid Meeting

The Ministry of Heavy Industries (MHI) organised a pre-bid conference for prospective bidders for the ACC Production Linked Incentive (PLI) scheme on 12th November, 2021. MHI had earlier released a Request for Proposal (RfP) on October 22, 2021, inviting bidders for a total manufacturing capacity of ACC battery storage of 50 Giga Watt Hour (GWh) […]

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RWE to Invest €50 B to Reach 50 GW RE Capacity by 2030

“Greener, bigger, more valuable – that is RWE in 2030. For the first time, the company is providing details of what it will look like by the end of the decade,” states Germany’s largest power producer. With its new strategy ‘Growing Green’, RWE will invest a significant sum, worth €50 billion, in its core business […]

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Decoding The Reliance Gambit In Renewable Energy

It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […]

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Vector Green and Evergreen Power In MoU For Wind Power Projects

Vector Green Energy Pvt Ltd (Vector Green) and Evergreen Power Mauritius Pvt Ltd (Evergreen Power) have entered into a MoU to develop around 300 MW of wind power projects in India through greenfield development. Vector Green is a renewables focused Independent Power Producer (IPP), wholly owned by funds managed by Global Infrastructure Partners India LLP. […]

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