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energy storage

Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal

Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […]

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Sungrow In Pact With Penso Power and BW ESS For 260MWh Battery Storage in the UK

Sungrow, the international battery storage manufacturer, will supply Penso Power and BW ESS with the equipment for the fully consented 100 MW / 260 MWh project in Bramley, Hampshire.Sungrow to Provide Penso Power and BW ESS with 260MWh Battery Storage in the UK Bramley is an important project in Penso Power and BW ESS’s development partnership […]

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Serentica Renewables Seals 1.25 GW Round-The-Clock Green Energy Agreements

Serentica Renewables has announced that it has signed over 1.25 GW of new Power Delivery Agreements (PDAs) with multiple industrial customers. This is in addition to the 580 MW PDAs that were signed in March 2023. To ensure the round-the-clock green energy needs of its customers, Serentica will install 4 GW of renewable energy capacities […]

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PFC Invites Bids for Evacuation of 1.5 GW Renewable Energy

PFC Consultancy Limited, a wholly-owned subsidiary of Power Finance Corporation Ltd has invited proposals for setting up of transmission projects on Build, Own, Operate and Transfer (BOOT) basis following single stage two envelope process of Request for Proposal (RFP). The Request for Proposal is for the selection of bidder as transmission service provider through tariff-based […]

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RACEnergy Opens Battery Facility Capable of Producing 30,000 Swappable Batteries PA

RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. As per the firm, the new facility will provide a collaborative environment for engineers and designers to push the boundaries of […]

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AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia

Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […]

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Statkraft Secures German Contract for Solar & Battery Storage

Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authority’s announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkraft’s […]

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NHPC in MoU with GRIDCO for 2 GW Pumped Storage, 1 GW Solar in Odisha

Hydropower developer NHPC Ltd, has entered into an MoU (Memorandum of Understanding) with Grid Corporation of Odisha (GRIDCO). The agreement will pave the way for the development of pumped storage and renewable energy projects in Odisha. As per the agreement, pumped storage projects of a minimum of 2 GW and renewable energy projects that shall […]

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SOFAR Unveils First Microinverter System Called PowerNano for Future Home Energy

SOFAR, a global supplier of PV and ESS solutions, unveiled its latest technological innovation microinverter system, SOFAR PowerNano. The innovation made a debut at the ‘Powering Forward New Product Launch’ at Intersolar. Designed for the digital home energy of the future, PowerNano is suitable for all-scenario applications through a combination of microinverter, smart home hub […]

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