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distributed storage

“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge

Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […]

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Generate Announces Unique Partnership With Starbucks to Supply Clean Energy

Projects to Expand Access to Clean Energy for Starbucks stores and up to 24,000 Households, Small Businesses, Churches, Non-Profits and Universities Generate, a leading provider of sustainable infrastructure, announced today that it has put the first six of up to 23 New York State community solar projects into service under an innovative multi-year facility with Starbucks […]

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Ginlong Technologies (Solis) Achieves Another Year of Strong Sales Growth in 2020

Ningbo, China-Ginlong Technologies Co.,Ltd. (Solis) published its 2020 annual report. In 2020, the Company’s revenue reached 321.6 million, an increase of 83% year-on-year. Net profit attributable to the shareholders was USD 48.9 million, an increase of 151% year-on-year. Net profit after the deduction of extraordinary items was USD 43.1 million, +130% year-on-year. Net cash flow […]

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Sunrun Records Total Revenue of $334.8 Million in Q1 FY21

An American provider of residential solar panels and storage energy services, Sunrun Inc. has rolled out its financial results for the first quarter of the fiscal year ended March 31, 2021 (Q1 FY21). Sunrun announced that it has welcomed around 23,556 new customers in FY21 with a total revenue was USD 334.8 million in Q1 […]

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Greenbacker Renewable Energy Company LLC Acquires Solar Project Totaling 80 MWac

Greenbacker Renewable Energy Company LLC (“GREC”) announced today that, through a wholly-owned subsidiary, it purchased an 80 MWac pre-operational solar project from Broad Reach Power (“BRP”). The project, MTSun Solar LLC, is currently under development in Yellowstone County, Montana, with an expected commercial operation date of July 2022. It has a long-term Power Purchase Agreement […]

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EDF Renewables NA Bags Three Solar Contracts From NYSERDA

San Diego-headquartered independent power producer EDF Renewables North America announced yesterday that the company was awarded long-term contracts for three solar projects by New York State Energy Research and Development Authority (NYSERDA) as part of the 2020 Renewable Energy Standard Solicitation. Combined, the projects are expected to deliver a total of 303 MW of clean […]

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Amp Energy Establishes Renewable Energy Hub of South Australia

Amp Power Australia has announced the establishment of the Renewable Energy Hub of South Australia (REHSA) Amp Power Australia, the Australian operating company of global developer Amp Energy, has announced the establishment of the Renewable Energy Hub of South Australia (REHSA); a strategic portfolio of large-scale integrated Solar PV, Wind and Battery Energy Storage System […]

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Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA

Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […]

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Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC

In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […]

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