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Greenbacker Acquires Energy Storage System Portfolio From Stem

Greenbacker Renewable Energy has purchased the rights to a 7.9MW /16.5MWh portfolio of 16 operating and to-be-constructed energy storage systems from Stem Greenbacker Renewable Energy Company has announced that on June 9, 2020, through a wholly-owned subsidiary, it purchased the rights to Pacifica Storage LLC, a 7.9MW / 16.5MWh portfolio of sixteen operating and to-be-constructed []

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RTM Trading to Enable Efficient Price Discovery, Support Grid Balancing, Says ICRA

The recent launch of the real-time market (RTM) for power trading likely to lead to efficient price discovery in the power trading market, said a leading credit rating agency, ICRA. On the other hand, it will also enable power distribution utilities (Discoms) and the open-access consumers to bid for electricity within 1 hour of the []

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Cheap Renewable Energy an Asset for COVID-19 Recovery Packages: Report

As COVID-19 hits the fossil fuel industry, a new report shows that falling renewable energy costs provide an opportunity for clean energy in recovery packages As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever providing an opportunity to prioritise clean energy in economic recovery []

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Majority of Clean Energy Technologies Failing to Keep Pace: IEA

A new assessment finds that a majority of clean energy technologies are failing to keep pace with long-term climate, air pollution and energy access goals. A new assessment of clean energy transitions finds that a majority of technologies and sectors are failing to keep pace with long-term climate, air pollution and energy access goals. And []

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EESL, USAID Unveils Healthy and Energy Efficient Buildings Initiative for Workplaces

With an aim to make workplaces healthier and greener, Energy Efficiency Services Ltd (EESL) jointly with the US Agency for International Developments (USAID) MAITREE program, has launched the Healthy and Energy Efficient Buildings initiative. This initiative was launched on the occasion of World Environment Day. As part of this pilot initiative, EESL has taken the []

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Five of the Worlds Largest Offshore Wind Energy Farms

A list of five of the worlds largest offshore wind energy farms which are currently in operation, and a few upcoming projects that can disrupt these rankings. Offshore Wind Energy is a technology that just a decade ago was struggling to establish long term viability, even as Onshore wind energy was making giant strides.  There []

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COVID-19 a Valuable Energy Transition Opportunity: Gautam Adani

Gautam Adani has presented his views on how he believes the COVID-19 pandemic has brought with it an opportunity for the renewable energy industry Gautam Adani, Chairman of the Adani Group, Indias biggest infrastructure conglomerate, recently took to his LinkedIn account to express his views on how he believes the coronavirus (COVID-19) pandemic has brought []

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The Top 10 US Cities Spearheading Solar Energy for America

Here we take a look at the top 10 US cities based on the installed solar energy capacity (rooftop and utility-scale) within the city limits. Solar energy is expanding at an astonishing rate worldwide thanks to two main reasons. The first being the technological advancements that are being made throughout the supply chain from modules []

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Biggest Fall in Global Energy Investments in History due to COVID-19: IEA

The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year from fossil fuels to []

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