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energy markets

ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project

The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […]

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India Drops to 2nd, Chile Takes No.1 on Climatescope Emerging Markets Ranking

India dropped back down to 2nd position, as Chile regained the top spot back in the latest Climatescope survey ranking by BNEF India, after topping BNEF’s Climatescope Emerging Markets Ranking in 2019, has dropped back down to second position in the latest Climatescope survey released by BNEF. Chile, which was ranked 2nd in last year’s […]

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Ather Energy Launches 450X Electric Scooter in 16 new Cities

Electric two-wheeler startup Ather Energy has launched its electric 450X scooter in 16 additional cities in India. Electric two-wheeler start-up Ather Energy has announced that it has launched its electric 450X scooter in 16 additional cities in India. The company has stated that it has launched the electric scooter in Mysore, Hubli, Jaipur, Indore, Panaji, […]

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Energy Storage Market in the US Breaks Records in Third Quarter: Report

A new report has revealed that 476  MW of energy storage capacity were  deployed in the US in the third quarter of 2020, setting a new record A new report has revealed that 476  megawatts (MW) of storage were  deployed in the US in the third quarter of 2020, an increase of  240 percent over […]

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Macquarie Owned Blue Leaf Energy Enters India With Vibrant Energy Acquisition

Blue Leaf Energy Asia Pte Limited (Blueleaf Energy) has acquired a majority stake in Vibrant Energy Holdings Pte Ltd (Vibrant Energy) from ATN International, Inc (ATN). Vibrant Energy claims to currently have a portfolio of 66 MW of operational solar PV projects, and an active development pipeline of over 400 MW across India. By combining […]

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Vesper Energy Secures Letter of Credit Facility for up to $100 Million

New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline Vesper Energy – a leading developer, owner and operator of utility-scale renewable energy assets – announced it closed a new letter of credit (LC) facility with Macquarie Group (“Macquarie”) for up to $100 million. The LC […]

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Metal Packaging Major Crown Now Running All US, Canadian Plants On Renewable Energy

Global meta packaging specialist, Crown Holdings is now operating all 14 of its beverage can plants in the US and Canada on renewable energy. With operations in 47 countries employing over 33,000 people and net sales of $11.7 billion, Crown’s shift will have a considerable positive impact on the carbon footprint of products it supplies […]

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EESL Appoints Mahua Acharya to Lead its Clean Energy Company ‘Convergence’

EESL has appointed Mahua Acharya to lead its new energy company ‘Convergence’ which is focused on delivering clean, affordable and reliable energy. Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings under the Ministry of Power, Government of India, has announced the appointment of Mahua Acharya to lead a new energy company, […]

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Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms

Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […]

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