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Verdant Microgrid Locks $150 Million Agreement with ClearGen and Blackstone

Verdant Microgrid, LLC, a leading clean energy development company, announces the completion of a USD 150 million exclusive financing agreement for the development of microgrid projects with ClearGen, LLC, a Blackstone Credit portfolio company. ClearGen, in partnership with Blackstone, works with partners to deliver efficient and reliable energy infrastructure to consumers. Verdant develops, designs, builds, […]

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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]

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PwC Report Claims Solar Thermal is Best for Nighttime Electricity Generation in Spain

Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable […]

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“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi

The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […]

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San Diego Intl. Airport to get 100% RE from San Diego Community Power

San Diego International Airport (SAN) has decided to opt for the Power100 service offered by San Diego Community Power (SDCP), a not-for-profit community choice aggregation program, as a result of which SDCP will provide 100% renewable and carbon-free energy to SAN. The airport served 25 million passengers in 2019, making it the busiest single-runway commercial […]

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Hitachi ABB & BW Ideol to Take Offshore Wind Power to Next Level

Switzerland-headquartered technology company Hitachi ABB Power Grids announced today that it has signed a memorandum of understanding with BW Ideol, a pioneer in floating offshore wind, to accelerate delivering a market-ready floating substation offering and solution to global customers. Floating offshore wind is considered to be the next big frontier in offshore wind power. By […]

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Hero Lectro Partners with Logistics Firms to Deploy E Cargo Bikes in India

Hero Lectro, the EV arm of the Hero Motors Company (HMC), announced today new partnerships with logistics service providers Fast Despatch Logistics and Turtle Mobility as part of a new ecosystem to enable greater use of e-mobility in last mile delivery. Under the partnership, Hero Lectro’s E Cargo bikes will be rolled out into the […]

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FIMER Launches 2 New Platforms for Utility PV Market

Leading solar inverter supplier FIMER has announced the launch of two new platforms for the utility-scale sector – a high-power multi-MPPT string inverter and a modular conversion solution – which are designed to cater for both decentralized and centralized applications covering 100 percent of utility applications. With the most recent Renewable Energy Market Update from the International Energy […]

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The Place of Renewables in India’s Future Power Grid

Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […]

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