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energy storage

SunSource Bags Floating Solar Plus Storage Project in Andaman

SunSource Energy will develop a 4 MW floating solar project along with a 2 MW storage system in Andaman and Nicobar Islands which it has won in a SECI tender. SunSource Energy, a leading distributed solar energy company, has announced that it will develop a 4 MWac grid-connected floating solar PV power project, along with […]

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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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Australia’s Leanings Towards Battery Storage Over New Transmission

It is no secret that power distribution firms worldwide are considering energy storage options in a big way to augment or even defer investments in transmission system updates. Part of the reason is the higher share of intermittent renewable energy, but another is simply the variable nature of power demand, where a network can be […]

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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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Storage Emerging As Issue For Europe’s RE Growth

Europe, which has covered a lot of ground in terms of share of renewable energy in the grid, risks losing the advantages that should flow from these investments, says a report by research firm Woodmac. (Wood Mackenzie). Storage as a key driver is an issue we have also flagged earlier, at SaurEnergy in our October […]

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Iberdrola Pledges €75 Billion to Capitalise on Energy Transition

Ignacio Galán CEO of Iberdrola “After 20 years of anticipating the energy transition, our business model positions us as a key agent in the transformation of the industrial fabric. With our experience, our engagement with society and our financial strength, we are advancing a model for long-term sustainable economic growth capable of meeting the current […]

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Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi

Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […]

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Grid Optimisation: a ‘no regret option’ to Allow More Renewable Energy

The expansion of wind energy continues despite COVID-19. And that requires the continued expansion of electricity grids. It also requires us to optimise and reinforce existing grids. In a new paper, WindEurope shows how available and proven technologies can optimise Europe’s existing grid infrastructure, and how this can help accommodate higher shares of renewables in […]

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Renewable Energy Solutions can be Backbone of Urban Decarbonization Efforts: Report

A new report by IRENA and IKI finds that renewable energy solutions can be the backbone of urban decarbonization efforts. A new report by the International Renewable Energy Agency (IRENA) and the International Climate Initiative (IKI) finds that renewable energy solutions can be the backbone of urban decarbonization efforts. The report ‘Rise of renewables in […]

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