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AES Invests in 5B; Aims to Accelerate Transition to Solar Energy

The AES Corporation has made a strategic investment of around USD 8.6 million in 5B, a solar technology innovator based in Sydney, Australia. The AES Corporation has announced that it has made a strategic investment of around USD 8.6 million in 5B, a solar technology innovator based in Sydney, Australia. 5B’s revolutionary MAVERICK design enables customers to […]

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Renewables Trump Fossil Fuels in Europe for H1 2020: Report

In H1 2020, renewable energy sources generated 40 percent of the EU-27 (European Union) electricity as they trumped fossil fuels for the very first time In the first half (H1) of 2020, renewable energy sources – wind, solar and bioenergy – generated 40 percent of the EU-27 (European Unions) electricity as they trumped fossil fuels (34 percent) for the […]

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Italy’s ENEL Has Norway’s Norfund Backing It For India Foray

Rome – based Enel SpA,  which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund)  to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […]

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […]

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EMT and Iberdrola’s i-DE Agree to Electrify Madrid’s Urban Bus Network

EMT and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in Madrid. The Madrid Municipal Transport Company (EMT) and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in the city of Madrid, with the aim of consolidating […]

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STFI Successfully Completed a Decade of its Journey

Solar Thermal Federation of India (STFI), an industry body of solar thermal manufacturers, has successfully completed its journey of a decade on Thursday. The organization was formed on June 4, 2010, with the objective of improving the interface with the Government agencies on policies and legislations, creating product standards, collecting and maintaining industry data and […]

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COVID-19 a Valuable Energy Transition Opportunity: Gautam Adani

Gautam Adani has presented his views on how he believes the COVID-19 pandemic has brought with it an opportunity for the renewable energy industry Gautam Adani, Chairman of the Adani Group, India’s biggest infrastructure conglomerate, recently took to his LinkedIn account to express his views on how he believes the coronavirus (COVID-19) pandemic has brought […]

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Full Value of Small Scale Solar Plus Storage yet to Realised: DNV GL

BTM Solar Plus Storage systems can be advantageous to many types of customers, but energy providers have not accessed their full value yet. Behind the Meter (BTM) Solar Plus Storage systems can be advantageous to many types of customers, from individual homeowners to Fortune 500 companies with large portfolios and footprints, but energy providers have […]

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Why Resisting Calls To Hold Back Amendments to Electricity Act Is Vital

Even as the Electricity Act Amendment Bill, that seeks to make crucial changes to the Electricity Act (2003) is seemingly on the verge of being finalised for passing, resistance has finally started showing up. Predictably, it is Tamil Nadu, a state which has some of the highest market distortions in its power market, that has […]

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