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flexible demand

ARENA Funds Australia’s First Community-Led Electrification Trial

Australian Renewable Energy Agency (ARENA), and its partners Brighte, Rewiring Australia and Endeavour Energy, are set to electricity 500 households in New South Wales, in a new project announced recently announced by the organization. ARENA is providing $5.4 million in funding for the “Electrify 2515 Community Pilot” to support the electrification of 500 homes in […]

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Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000

Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […]

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Report Calls Upon Discoms To Put In Place Consumer Centric DR Strategy

Alliance for an Energy-Efficient Economy (AEEE) and AutoGrid released on June 2 a report highlighting the wide range of possibilities offered by Demand Response (DR) that can effectively help electricity distribution companies (DISCOMs) handle their increasing future electricity demand while still operating reliably towards a greener grid. Titled Roadmap for Demand Flexibility in India, the […]

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Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers

Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […]

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Iberdrola and IFIT Back RE in the Canary Islands to Contribute to Energy Transition

The commissioning of their first wind farm in the islands is an example of a model to be followed: competitive and sustainable energy developed by local partners and world-class developers, that creates jobs and contributes to communities. Iberdrola and its local partner Inversiones Financieras Isla de Tenerife (IFIT), are backing the development of renewable energy […]

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Powering India’s Net-Zero: Navigating Challenges in Renewable Integration

India’s journey to a net-zero energy future demands an extensive transformation in its power market. As the country intensifies efforts to increase renewable energy (RE) capacity and to realise its 2030 and later net zero goals, numerous challenges—structural, financial, and operational—are emerging, presenting formidable obstacles to integrating a growing share of RE into the national […]

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How Solar Energy Is Transforming India’s Healthcare Delivery?

The Community Health Center (CHC) in Joshimath, Uttarakhand, is the only government health facility in this small hilly town and serves as the largest healthcare center for many nearby villages. Joshimath is also known as the gateway to the pilgrimage site Badrinath. This small government healthcare facility attends to the medical needs of both tourists […]

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SolaX Power Announces 149.8mn USD Investment On Energy Storage

Global energy solutions company SolaX Power has now unveiled a 149.8 million USD investment to establish research and manufacturing facility in the Zhejiang Province of China. This project will focus on utility-scale energy storage and integrated smart energy systems. The company said that the move is likely to aid in the global energy transition towards clean […]

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Volue Set To Build Trading Platform For RE Operators

Volue, a Norwegian technology company headquartered in Oslo, recently launched its new Position Closer solution’s SaaS model for the energy market. Volue Position Closer is a software module launched, as part of the new ‘Volue Green Empower Ecosystem’. Over the next 18 months and beyond, Volue plans to expand this ecosystem with several new modules, […]

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