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energy markets

Schneider Electric Solar Expands Its Energy Management Ecosystem with New Smart Edge Devices

Schneider Electric Solar announced InsightHome and InsightFacility, their newest additions to the Insight Energy Management ecosystem. Both InsightHome and InsightFacility are smart edge devices that connect customers’ Schneider Electric solar and storage systems to the Insight app. InsightHome targets the residential solar and storage market globally. InsightFacility is for large residential and commercial solar and […]

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Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage

Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […]

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IEA Predicts Global Energy Demand Recovery Only In 2025, Key Solar Role

The International Energy Agency (IEA), in its annual World Energy Outlook 2020, (WEO-2020) has predicted a return to normalcy for world energy demand only by 2025. This is mainly due to the sluggish recover being experienced from the Covid pandemic worldwide, including fears of a second wave of infections in key markets like Europe and […]

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“We need to increase our per capita energy consumption three-fold”

Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […]

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Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac

A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […]

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Trafigura Forms new Firm to Invest in Renewable Energy Projects Globally

Trafigura Group has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. […]

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bp & Microsoft Partner to Drive Digital Energy Innovation & Net Zero Goals

bp and Microsoft will collaborate as strategic partners to further digital transformation in energy systems and advance their net-zero carbon goals. bp and Microsoft Corporation have announced that they have agreed to collaborate as strategic partners to further digital transformation in energy systems and advance the net-zero carbon goals of both companies. This includes a […]

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bp Energy Outlook Explores Possible Paths for Global Energy Transition

The 2020 edition of the bp Energy Outlook explores possible paths for the global energy transition, how global energy markets may evolve over the next thirty years and the key uncertainties that may shape them. Looking out to 2050, the Outlook is focused around three main scenarios. In the main scenarios, it considers, global energy […]

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