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energy markets

FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac

All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […]

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EESL, NIIF JV ‘Intellismart’ to Develop Digital Platform for Distribution Sector

IntelliSmart, a JV of EESL & NIIF has committed to developing a digital platform for value-added services in the distribution & power sector IntelliSmart Infrastructure Private Limited, a JV of Energy Efficiency Services Limited (EESL) and National Investment & Infrastructure Fund (NIIF) has committed to developing a digital platform for value added services in the […]

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Battery Mfg Startup Lohum Cleantech Raises $7 Million

Lohum Cleantech, the New Delhi-based battery manufacturing and recycling startup with its plant in Greater Noida, has raised $7 million (Rs 51 crores) in a fund raise from institutional investors led by Baring Private Equity Partners. A report quoting the information released today. In an interview to SaurEnergy last year, company founder Rajat Verma had […]

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JA Solar Supplies all Modules for Largest Solar Project in Guam

JA Solar recently announced that it supplies all PV modules needed to complete an 88 MW project in Guam. Invested in and constructed by Korea Electric Power, the project will be the largest single PV plant in Guam. Located on an island and in an environment with strong winds, the project has stricter than usual requirements for […]

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Trina Solar 1st PV Manufacturer to Obtain a Dual Environmental Protection Certification

Trina Solar, a leading global PV and smart energy total solution provider, has recently obtained dual “Environmental Product Declaration” (EPD) certifications from UL, the global independent safety science certification institute, and EPDItaly, which is the first UL and EPDItaly mutually recognized EPD in the photovoltaic industry, proving the Company’s environmental performance and sustainability. The recognition […]

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New York Awards Equinor and bp 2490 MW in Offshore Wind Contracts

Equinor and bp have been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the US to date. Equinor, along with incoming strategic partner bp, has been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements […]

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Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020

Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […]

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CAMS Acquires Solar O&M Company Belectric

Consolidated Asset Management Services (CAMS) today announced that it has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc. The Belectric portfolio includes 141 operating sites in 11 states. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its […]

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CIT Leads $69 Million Financing for Solar Portfolio

CIT Group Inc. has announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located […]

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