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energy storage

Statkraft Increases Renewable Energy Targets, Chases Faster Growth

Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […]

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Intrakat Collaborates With Parkwind To Develop Offshore Wind Energy In Greece

A new partnership has been announced between Belgium based Parkwind and Greece’s Intrakat to jointly develop offshore wind opportunities in Greek waters.  Bringing offshore development experience and a deep knowledge, the two companies bring forward complementary competences in offshore development and local infrastructure experience. François Van Leeuw, co-CEO, Parkwind, said, “With a partner like Intrakat, […]

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Global Investment On Energy To Increase By 8% In 2022: IEA

The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […]

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Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business

Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […]

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California Set To Add 465 MW More Solar Projects to Its Energy Portfolio In 2022

California is going to add two new big solar projects (Arica solar project & Victory Pass solar project) to its energy portfolio for the year 2022. The U.S. Department of the Interior, Bureau of Land Management has approved the development of both solar projects. Solar developer of both projects, Clearway Energy is ready to install […]

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EDF Renewables Signs1 GW of Solar & Storage Projects in New York

France-headquartered renewable energy producer, EDF Renewables has been awarded three large solar projects by New York State Energy Research and Development Authority (NYSERDA). The total capacity of all three renewable projects is 1GW which is including with 20 MW of co-located battery storage also.  EDF Renewables will install a 350 MWac solar power plant with […]

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Growatt Wins “Top Brand PV Storage” Award From EUPD Research

EUPD Research, the well known market research company, has awarded “Top Brand PV Storage” to Growatt in 6 different countries including Italy, Australia, the UK, Scandinavia, the Czech Republic, & Brazil, etc. The award recognises the brand for credibility, market penetration, brand recognition, and satisfaction, in all these six countries. Growatt is included in the […]

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World’s Largest Solar Plus Storage Project Coming up in Philippines

The Philippines is set for a major renewable energy expansion in the near future.  In a fresh development, Philippines-based billionaire and the second richest man of the country – Enrique Razone – will be developing the largest such solar power project in the country. According to the official statement, the mega solar power facility will […]

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SJVN to collaborate with Assam Govt for renewable energy projects

The Assamese government looks bullish on renewable energy as the state and the entire North East region, always blessed with high potential, finally act on it. In the latest development, Director Finance of Shimla based state owned Satluj Jal Vidyut Nigam (SJVN), Akhileshwar Singh met with the Assam Chief Minister Himanta Biswa Sarma in Guwahati […]

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