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Chile to Double its Energy Storage Capacity Together with AES

In line with the objective of achieving carbon neutrality, Chile and AES have joined forces to accelerate the country’s energy transition by increasing their battery-based energy storage capacity, Santiago-based AES Andes announced recently. Within the framework of the company’s participation in the 2021 United Nations Climate Change Conference – known as COP26 – which takes […]

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Jack-up Vessel Drops Turbine Parts into Sea at Vattenfall’s Wind Farm

MPI Offshore, an offshore installation service firm owned by Van Oord, last week accidentally dropped three wind turbine blades into the sea, while conducting scheduled maintenance at Swedish energy company Vattenfall’s Ormonde wind farm in the Irish Sea, off the UK. A crewmember caught the incident on video and it has been widely shared on […]

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John Kerry Gives a Huge Solar Endorsement at ISA Assembly Keynote

At the International Solar Alliance’s (ISA) fourth general assembly, John Kerry, U.S. Special Presidential Envoy for Climate and 68th U.S. Secretary of State, delivered the keynote address. In his address, Kerry highlighted the opportunities in the solar sector towards climate action and India as an investment destination for solar power. 106 countries are participating in […]

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Replace DG Sets with BESS to Enhance Indian Pwr Grid’s Flexibilty: Study

“Replacement of DG sets distributed across the country with BESS is the fastest and cheapest route to build flexibility for the Indian grid. The reduction in emissions from DG sets will help meet the NDC targets as well,” states a new study published by India Smart Grid Forum (ISGF). Delivering reliable 24×7 services is the […]

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EV Financing Platform Revfin Raises $4 Million In Pre-Series A Funding

Revfin, a digital e-mobility consumer lending platform underwriting financially excluded and underserved segments, has raised $4m (Rs 30 crores) in a pre-series A funding round with both equity and debt. This fund raise will help the firm fast-track the adoption of EV solutions among the low-income consumers in the country. The funds raised will be […]

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Ahead of COP26, IEA Finds Global Clean Energy Transition ‘Too Slow’

A new energy economy is emerging around the world as solar, wind, electric vehicles and other low-carbon technologies flourish. But as the pivotal moment of COP26 approaches, the International Energy Agency’s (IEA) new World Energy Outlook makes it clear that this clean energy progress is still far too slow to put global emissions into sustained […]

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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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