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electricity

Hive Energy, Two other UK Firms Team Up To Develop 350 MW Solar Power in New Zealand

Three UK-based solar companies, namely Hive Energy, Ethical Power and Solar South West have launched a new joint venture (JV) that will aim to develop a pipeline of nearly 350MW of utility-scale PV plants across New Zealand. The JV, called HES Aotearoa, combines competencies spanning site selection, project design, construction, and operations and maintenance across […]

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New Aussie Law Aims to Remove Hurdles in Offshore Wind Expansion

The Scott Morrison-led conservative government in Australia has introduced a legislation that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential. The long awaited legislation will set up a framework for building, running, maintaining and decommissioning offshore electricity projects including wind […]

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Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL

The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […]

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UK-based Octopus Group Buys 181 MW Wind Farm in Australia

Octopus Australia has acquired the 181MW Dulacca Wind Farm in Queensland, Australia, from global renewable energy company RES. Once constructed, the wind project will consist of 43 wind turbines and generate enough electricity to power approximately 124,000 homes. Octopus Australia is a part of UK-based Octopus Group that manages over 260 renewables assets globally. In addition to […]

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New Digital Asset Helps Customers Offset Their Carbon Footprint

US-based Terrapass has launched Terrapass Coin (TPSC), a digital asset that works as an ERC-20 token on the Ethereum blockchain system. With Terrapass Coin, customers can own, buy, sell, trade, or offset their carbon footprint by managing their TPSCs received through designated Terrapass products, giving them control of their carbon offsets like never before, said […]

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Shell & CoensHexicon to Build 1.4 GW Floating Wind Farm in South Korea

Shell Overseas Investment BV, a unit of Dutch oil and gas major Royal Dutch Shell, and CoensHexicon have established a joint venture to fund, develop, and operate MunmuBaram, a 1.4 GW floating offshore wind farm for South Korea. MunmuBaram is expected to power over 1 million homes once it begins operating. The two companies announced their […]

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Bacteria Could Lead the Way for Cheap & Green Energy Storage: Study

Cornell University bioengineer Buz Barstow, Ph.D. ’09, is trying to solve a big problem: How to build a low-cost, environmentally friendly and large-scale system for storing and retrieving energy from renewable sources such as wind and solar. Currently, there are no sustainable methods for storing green energy, as batteries are environmentally toxic. The answer may […]

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Developing Energy Storage Key for India’s Decarbonisation, finds Study

In order to achieve its target of 450 GW of wind and solar by 2030, India’s wind and solar capacity must grow 20% year-over-year between 2022 and 2030. Developing energy storage is a key avenue for increasing India’s power system flexibility and the share of renewables and ultimately enabling India’s decarbonisation, finds a new study by the […]

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Thiruvananthapuram to Get Solar Plants at Key City Locales

The Smart City Thiruvananthapuram Ltd (SCTL) and its Smart Mission initiative are implementing solar power plant projects at important establishments in the capital city, including the Legislative Assembly Complex, in order to propagate sustainable technology. The estimated cost of the project is Rs 3.2 crores and it is expected to generate 607-kilowatt power. Officials believe […]

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