SUBSCRIBE NEWS LETTER

inflation reduction act

Honeywell to Supply BESS of 124 MWh to US Virgin Islands

Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […]

Read more

Shell Sells Part Ownership In 2 US Renewable Projects To InfraRed Capital

Savion Equity, Shell Wind Energy, Shell Wind Energy Inc. and Savion Equity, LLC, subsidiaries of Shell plc (Shell), have agreed to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners (InfraRed). Shell will sell 60% interest in Brazos Wind Holdings, LLC (Brazos), a 182-megawatt (MW) onshore wind farm in Fluvanna, […]

Read more

US Energy Firm Puget Sound Energy Announces Utility-Scale Wind Farm At Montana

United States (US)-based energy company Puget Sound Energy (PSE) announced today it is developing the Beaver Creek wind farm, a utility-scale wind project that will be located on the high plains in Stillwater County, Montana, in the US. The Beaver Creek wind farm is the latest addition in a growing list of renewable energy resources […]

Read more

Possible To Abate 400 Mt CO2 Emissions Globally With Carbon Capture: IEA

IEA (International Energy Agency) report on carbon capture and storage identifies challenges in deployment of clean energy technology and in reducing carbon emission. It also compares carbon capture technology, which based on technology for CO2 reduction, with solar PV (Photovoltaic) technology which aim at electricity generation. The report finds that, the depending on other variables […]

Read more

NYSERDA Awards 402 MW Solar Project to Swift Current Energy

New York State Energy Research Development Agency (NYSERDA) has awarded a twenty-year solar contract to Swift Current Energy. The Mineral Basin Solar project conferred upon the Boston-headquartered firm is for a capacity of 402 MW. The Mineral Basin Solar project, which is the largest land-based energy project, has been selected under NYSERDA’s 2022 Renewable Energy […]

Read more

EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report

A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […]

Read more

Growth Of EV Market Highest In China, EU, Says WRI Report

Global energy think tank World Resource Institute (WRI), in its recent report on ‘State of Climate Action’, highlights that the share of electric vehicles (EV) in passenger car sales has grown at an average annual rate of 65%. It’s a rise from 1.6% of sales in 2018 to 10% in 2022. For the first time in […]

Read more

With IRA Boost, Energy Storage Demand Likely To Surge Six-Fold: SEIA

The Solar Energy Industry Association (SEIA) has released a report stating that over the next one decade, lithium-ion battery would witness a surge in global demand due to the unprecedented investment in solar. This was attributed to the production incentives bolstered through the Inflation Reduction Act (IRA) in the United States (US). SEIA’s report titled, […]

Read more

California’s 500 MW Oberon Solar with Storage Project Sets Off Operation

A firm that develops, owns, and operates clean energy resources, such as solar PV, co-located storage, and green hydrogen, Intersect Power, has kickstarted the commercial operation for California-based 500 MW Oberon solar and storage project. The Oberson solar with storage project is in line with the USA’s Inflation Reduction Act (IRA) since it employs equipment […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll