SUBSCRIBE NEWS LETTER

investment

Queensland Goes With Tesla Megapack Batteries for 100MW BESS Project

The state government of Queensland has announced that the state owned power company CS Energy will build a 100MW battery energy storage system (BESS) by using Tesla Inc’s Megapacks batteries to support renewable power. The move comes despite the well publicised accident involving the megapacks in Australia’s  Victoria Big Battery project earlier in July last […]

Read more

British Intl Invt invests $89 M to scale renewable energy in India

British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […]

Read more

Karnataka Renewable Energy Policy Approved By State Cabinet

The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […]

Read more

Altus Power Signs $600 M Deal with Trammell Crow for Rooftop Solar

Solar power developer Altus Power has signed a deal with commercial real-estate player Trammell Crow Co., under which Altus will install solar panels on 35 million square feet of industrial property in the United States. This is the biggest partnership forged by Altus since its inception in 2009, says the company. Lars Norell, Co-Chief Executive […]

Read more

Australia’s Woodside Petroleum to Fund Heliogen’s CSP Technology

Heliogen, a provider of AI-enabled concentrated solar energy, and Woodside Energy, a wholly-owned subsidiary of Australian energy producer Woodside Petroleum Ltd, have announced a project agreement for the commercial-scale demonstration deployment of Heliogen’s AI-enabled concentrated solar energy technology proposed to be built in Mojave, California. The project agreement follows the previous announcement by Woodside to […]

Read more

Bulgaria May Add 4.9 GW of Renewable Energy by 2031

According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […]

Read more

India replaces China in Agreement with Sri Lanka to Build 3 RE Farms

India has signed a Memorandum of Understanding with Sri Lanka to build hybrid power projects in the island country, a joint statement has revealed. The development has come after the Sri Lankan government ousted the Chinese company approved last year from these very projects recently. The projects envisage the construction of three wind turbine farms […]

Read more

Endesa’s €600 million RE park in Portugal to have Solar, Wind and Green Hydrogen

Enel Group subsidiary Endesa Generación Portugal will develop a renewable energy park that will have solar, wind and green hydrogen projects. This will require an investment of €600 million in the Abrantes region of Portugal. Endesa has also been awarded rights to build a 168.6 megawatt (MW) battery energy storage system (BESS) also that will […]

Read more

Italy Signs € 1.5 Billion Support for Rooftop Solar in Agriculture Sector

Minister for Agriculture, Food and Forestry Policies of Italy, Stefano Patuanelli has signed a new rebate scheme under which € 1.5-billion worth support will be given to the country’s agricultural sector for installing rooftop solar. This is distinct from Agrivoltaics, which involve a more integrated approach of combining solar power installations with agriculture. The financial […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll