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energy storage

IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023

The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […]

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HP Sets Its Sights On Becoming A Green Energy State By March 2026

Himachal Pradesh has been consistently accelerating efforts towards upgrading the EV (electric vehicle) sector. In a fresh announcement that further gives direction to such efforts, Chief Minister Sukhvinder Singh Sukhu, in a meeting held in Dharamshala, has placed a premium on identifying sites to set up charging facilities. Green Corridors Highways: Parwanoo-Nalagarh-Una-Hamirpur-Sansarpur Terrace, Bilaspur-Hamirpur-Kangra, and […]

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JSW Energy Reports 32% Surge In Renewable Generation in Q4

JSW Energy Limited yesterday announced its Q4 Financial Results. The Indian private power producer said that its net renewable generation increased 32 percent on Year-on-Year (YoY) basis. In addition, it said that the commissioning of 225 Megawatts (MW) of the Vijayanagar solar power plant helped increase its clean energy generation.  The firm said earnings before […]

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Scout Clean Energy Sells 199 MW Oklahoma Wind Farm to Evergy

Colorado-based renewable energy developer-owner-operator Scout Clean Energy has announced that it, along with its joint venture partner Elawan Energy sold the 199-megawatt (MW) Persimmon Creek Wind Farm to Evergy Inc. The wind energy farm lies in western Oklahoma. Michael Rucker, CEO and founder of Scout Clean Energy, said, “The Persimmon Creek Wind Farm has proven […]

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New Fund by TDK Ventures to Invest $150 Million in Green Energy

Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […]

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Masdar to Add 2 GW Solar & Wind, 500 MWh Storage in Uzbekistan

UAE’s flagship clean energy firm Masdar has inked a joint development agreement (JDA) with Uzbekistan’s Ministry of Energy (MoE) and the Ministry of Investments, Industry and Trade (MIIT) under which it will additionally develop more than 2-GW of solar and wind projects along with  500 MWh of battery energy storage in the country. The projects […]

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RUMSL Solicits Bids for Allotment of Pumped Hydro Storage Sites in MP

Rewa Ultra Mega Solar Ltd (RUMSL) has issued an RFP for allotment of pumped hydro storage sites in Madhya Pradesh. The total cost of the bidding document is INR 295000. The technical Bid is required to be submitted in online form by July 4, 2023. The financial bid is also to be submitted by the […]

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PFC Issues Tender for Procurement of Aggregate Power Including RES with Storage

PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has invited proposals for the “Procurement of Aggregate Power requirement of Group of States” for undertaking tariff based competitive bidding for medium term procurement of Power”. PFC is the authorized representative appointed by the Ministry of Power under para B (v) of […]

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