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energy storage

IBM Acquires Prescinto, Expands Into Renewable Energy Space

IBM acquires Digital Renewables company – Prescinto, an asset performance management (APM) and a software-as-a-service (SaaS) provider. This acquisition will allow Prescinto leverage artificial intelligence (AI) to enable monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets. The Bangalore-based digital company offers solution to organizations that are increasingly […]

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Solar-Storage Can Avert India’s 40 GW Power Shortage By 2027: Berkeley

India is projected to face a power shortage of 20-40 GW in the evenings by 2027 due to the rapid increase in electricity demand, according to a report by Berkeley. However, this shortfall could become more manageable, considering the significant drop in the prices of gigawatt-scale solar and storage. Recent solar-plus-storage auction results recorded a […]

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How Monitoring Improves Decentralized Renewable Energy To Support Healthcare?

By-Rishikesh Mishra and Lanvin Concessao The availability of reliable electricity increases a healthcare facility’s ability to treat patients and serve the community. Electricity is critical to operate basic equipment such as lights, fans and water pumps, but also run lifesaving equipment like baby warmers, oxygen concentrators, diagnostics, and vaccine freezers and refrigerators. In regions where […]

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Key Global Policy Trends Accelerating the Renewable Energy Revolution

The transition to renewable energy is not just a technological shift; it’s a complex interplay of policies, market dynamics, and societal acceptance. As the world grapples with climate change, energy security, and economic resilience, governments are increasingly recognizing the need to enhance their renewable energy strategies. This blog outlines key policy trends driving renewable energy […]

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Senior Building Energy Analyst

To support our growth, we are hiring for senior energy analyst/project manager positions to work in our Energy Analytics practice. You will contribute to the development of innovative, accurate, timely, and high-quality products and services, typically working on multiple projects with all levels of staff. The Energy Analytics team is a leader in utility and […]

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Solis Showcases Solar Energy Solutions at REI 2024

Global energy solutions company Solis made a strong impact at the Renewable Energy India Expo 2024 (REI 2024), held from October 3rd to 5th at the India Expo Centre, Greater Noida, Delhi, the firm said. The company showcased its range of cutting-edge energy storage and smart energy solutions, drawing significant attention from industry leaders and visitors […]

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REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding

REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […]

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US Solar Prices Plummet, Battery Adoption Skyrockets: EnergySage Report

EnergySage has released its 19th Intel Solar & Storage Marketplace Report, offering detailed insights into the US residential solar and storage market. The semiannual report analyses millions of transaction data points from January to June 2024, based on consumer activity across 48 states and Washington, D.C. The data highlights key trends such as falling solar […]

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TotalEnergies Launches Two Major Solar Farms with Battery Storage in Texas

TotalEnergies has begun commercial operations at two utility-scale solar farms, Danish Fields and Cottonwood, in southeast Texas. Both projects, equipped with battery storage systems, have a combined capacity of 1.2 GW and are part of the company’s 4 GW renewable energy portfolio currently operational or under construction in Texas. Danish Fields, the company’s largest solar […]

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