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energy markets

Michigan-Headquartered ONE Introduces ‘Aries Grid’ Renewable Energy Storage

Michigan-headquartered Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage. ONE said that Aries Grid will be manufactured in America and it represents a milestone achievement in efforts to scale-up investments in renewable energy infrastructure and grid reliability. “Energy storage is […]

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Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria

The renewable energy expansion is expected to reach new heights in the African country of Nigeria as Universal Energy Facility (UEF) has announced providing grants to RE companies who applied to have their projects financed as part of the facility’s stand-alone Solar for Productive Use programme in Nigeria. UEF is a results-based financing facility managed […]

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Servotech Penetrates Middle-East & Africa Markets with EV Charging Solutions Projects

EV charger manufacturer and solar solutions provider Servotech Power Systems has recently announced a partnership with Dubai’s Al Ansari Motors LLC, a firm in motor vehicles and accessories trading. Under the partnership, Servotech will offer EV charging solutions to Middle Eastern and African markets. The charging solutions will include AC and DC EV chargers. The […]

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Brooge Energy, Siemens Energy Partner For Solar & Green Hydrogen in UAE

Cayman Islands-based infrastructure provider Brooge Energy Ltd has announced a partnership through the company’s subsidiary Brooge Renewable Energy with Siemens Energy to build a solar PV farm to supply the Green Hydrogen and Green Ammonia project of Brooge Renewable Energy in Abu Dhabi, UAE. The announcement was made at the World Government Summit 2023 in […]

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Lightsource bp & Contact Energy to Develop 150 MW Solar PV Project in New Zealand

Lightsource bp, which delves into the development and management of solar energy projects, will develop one of New Zealand’s largest solar development project at Christchurch Airport. Lightsource bp and New Zealand based Contact Energy, will together develop the 150 MW solar project. The deal marks the firm’s first project in New Zealand. The Kowhai Park […]

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D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification

D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […]

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Solar Energy Prices Soar 60% In Europe As Wind Availability Dropped in Q4

A new report from LevelTen Energy has revealed that high development costs and an unstable regulatory environment has caused an 11,4% jump in European solar PPA prices in the fourth quarter of 2022. The report also mentions that solar PPA prices reached €76.84 per MWh, representing a 60% year-over-year increase. LevelTen Energy is a renewable […]

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Navigating India’s Energy Transformation Through JETP Approach

Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […]

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Blueleaf Energy Onboards Anand Prakash as CIO & Amiram Roth-Deblon as COO

Blueleaf Energy, a firm that develops, finances, owns and operates renewable energy and storage assets in the long-term in the Asia Pacific region has announced the onboarding of its CIO and COO. Renewable energy veterans Anand Prakash will take over the reins of the firm as CIO while Amiram Roth-Deblon will join the organisation as […]

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