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energy storage

Xcel Energy Plans to Retire 2 Coal Plants Under Clean Energy Transition

Minneapolis-based energy utility, Xcel Energy has announced that it plans to retire its last two coal plants in the Upper Midwest a decade earlier than scheduled. The acceleration of the coal closures is another milestone in the company’s clean energy transition that includes expanding wind and solar, using cleaner natural gas and operating its carbon-free […]

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Four Renewable Energy Companies Show The Way in Cape Town

South Africa’s Cape Town’s clean energy ambition needs an overhaul and according to South Africa outlet, these 4 companies are one to watch out for. South Africa’s famous city, Cape Town has set an ambitious goal of having renewable power account for 20% of its energy mix by 2020, which a number of companies will […]

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Impact of Smart Charging EVs on the Energy Transition

The International Renewable Energy Agency (IRENA) recently issued its review analysis on the potential and impact of smart charging electric vehicles on the energy transition. Today the average car runs on fossil fuels, but growing pressure for climate action, falling battery costs, and concerns about air pollution in cities, has given life to the once […]

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Climate and Energy Goals Can be Met Without Sacrificing Rivers: WWF

A new report from WWF and The Nature Conservancy has revealed that the renewable energy transition can solve the world’s climate and energy challenges without sacrificing its remaining free-flowing rivers and the diverse benefits they provide to people and nature. Launched on the eve of the World Hydropower Congress in Paris, Connected and Flowing: A renewable future for rivers, climate and […]

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Residential Storage Market Project to Reach $17.5 Bn by 2024

A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […]

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Walmart Signs Deal With C2 Energy Capital For 46 Solar Projects Across US

C2 Energy Capital, LLC announced on May 8 that it executed 46 Power Purchase Agreements and leases with Walmart Inc. to provide solar power at the retailer’s operations in five states. Founded in 2014, C2 Energy Capital, LLC is an investor in renewable energy and storage assets. The Firm provides capital and support services for […]

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World Bank Fund For Climate-Smart Mining to Support Clean Energy Transition

The Facility will support the sustainable extraction and processing of minerals and metals used in clean energy technologies, such as wind, solar power, and batteries for energy storage and electric vehicles. The World Bank Group has launched the Climate-Smart Mining Facility, the first-ever fund dedicated to making mining for minerals climate-smart and sustainable. The Facility will […]

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MNRE holds ‘Chintan Baithak’ with the stakeholders of Renewable Energy (RE) sector

Various issues pertaining to Renewable Energy (RE) sector discussed during the meet Ministry of New & Renewable Energy (MNRE) held a ‘Chintan Baithak’ with the stakeholders of Renewable Energy sector here today. The ‘Baithak’ (meet) was chaired by Secretary, MNRE, Shri Anand Kumar and saw good participation from Renewable Energy (RE) sector including the representatives of […]

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Risen Energy Forms Strategic Partnership to Expand Business in Australia

Chinese solar module manufacturer Risen Energy recently announced a strategic partnership with Sydney-based innovative investment and asset management company, Providence Asset Group. The two parties signed an agreement whereby they will collaborate on investment and on the development of solar photovoltaic (PV) power projects. This partnership will provide Risen Energy with strong financial support, helping […]

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