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energ transition

Scotland’s Firth of Forth Net Zero Hub Key for Climate Goals: WoodMac

The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie. “Net […]

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ACWA Power Achieves Financial Close for 1500 MW Sudair Solar Plant

ACWA Power, based in Saudi Arabia, has announced the financial close for the 1500 MW Sudair Solar plant, a key project under the Public Investment Fund (PIF) renewable energy program in the country. The program aims to support Saudi Arabia’s ongoing energy transition and diversification, and to deliver 70% of the country’s renewable energy under […]

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PM’s I Day Speech-Is India Hurting Itself By Thinking Too Far Ahead?

Prime Minister Narendra Modi, who has a somewhat well earned reputation for making momentous announcements on days when he is the focus of attention, did not disappoint when it came to his Independence day speech. Calling for the country to be free of energy imports by 2047, he went on to announce a National Hydrogen […]

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Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030

Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […]

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Innowatts Deploys Grid Edge Solutions in US & UK

Gurugram-headquartered Innowatts, an AI-based solutions provider, has announced the deployment of its grid edge management solutions in collaboration with several major partners- the City of Fargo, North Dakota, US; Scottish and Southern Electricity Networks (SSEN), UK; etc.- which are seeking to accelerate their energy transition. Innowatts’ Grid Edge Management module enables fully automated and near […]

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Smart Meters Have Substantial Sustainability Benefits, Say IEEE Experts

The electrical grid is a marvel of modern engineering that underpins nearly every aspect of society –– a complex interconnection that spans the tiniest LED lightbulb and the largest power plants. But as electricity use grows, which it does exponentially, the grid strains. The use of renewable energy sources and new regulations can add to the […]

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India-UK Partnership to Back Green Firms Investing in the UK

The UK and India are set to launch a global Green Grids Initiative (GGI) at the COP26 climate conference in November, which will be hosted by the UK in Glasgow, Scotland. A new renewable energy partnership between the two countries is expected to open doors to Indian green energy businesses wishing to establish offices in […]

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Asia Pacific Offshore Wind Market To Be Worth $56.8 B by 2026: Report

The global offshore wind market is expected to grow from an estimated USD 31.8 billion in 2021 to USD 56.8 billion by 2026, at a CAGR of 12.3% during the forecast period. During this time, the Asia Pacific region is expected to dominate the market. Offshore wind turbines are increasingly being installed and is showing […]

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