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Masdar to Use Octopus Technology to Develop UK Battery Storage

Global energy tech group Octopus Energy has inked a deal with renewable major Masdar under which it will license Octopus’ technology platform Kraken to flexibly manage its battery storage portfolio in the UK. The move will enable Masdar to optimize and expand its energy trading capabilities in the UK, helping to accelerate the rollout of […]

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Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA

IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’.  The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […]

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Clean Energy Share In India To Rise Upto 64% By 2030: CEA Estimates 

A latest estimation report by the Central Electricity Authority (CEA) predicts a strong positive growth of renewable energy in India in the next seven years. The authority recently released its revised second version of its “optimal generation mix 2030” report. The report estimates the power scenario by 2030 in the country.  The report estimates that the […]

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Renewable Energy: Looking Beyond Gujarat In 2023

The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […]

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Scotland’s Largest Standalone Operational Battery Storage Project of 50 MW is Switched On

The largest standalone operational battery storage project of 50 MW in Scotland has gone online. The project is located in Dundee and has been established by a joint venture between SUSI Partners and Eelpower. SUSI Partners is a Swiss firm that specialises in investment management in sustainable energy. Eelpower, based in UK, delves into large-scale […]

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ANERT Inaugurates Five Fast EV Charging Stations in Kerala

The ANERT (Agency for Non-conventional Energy and Rural Technology) has inaugurated five fast EV charging stations in the state of Kerala in order to keep pace with the fast-growing EV Market in the State. The installations have come up in Chittur Thathamankalam Municipality, Palakkad; Shornur Municipality, Palakkad; Perinthalmanna Municipality, Malappuram; KTDC (Kerala Tourism Development Corporation) […]

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EBRD Lends €29 Million For Albania’s 140MW Solar Project

The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […]

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Siemens Gamesa To Supply Turbines For 1.5 GW Baltic 2 Sea Project

Global renewable energy conglomerates Ørsted and PGE Baltica have selected wind turbine major Siemens Gamesa for turbine supply for the Baltica 2 offshore wind project in the Baltic Sea. It will be supplying for one of the two stages of the wind energy project that will help Poland’s offshore wind industry to make giant leaps […]

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ANERT Issues RFS for EPC & Mfg Agency for Implementation of 2 MW Solar Power Plant

Agency for New and Renewable Energy Research and Technology (ANERT) has issued an RFS (Request for Selection) for agency for the implementation of 2 MW solar power plant at Travancore Titanium Products Ltd, Kochuveli, Thiruvananthapuram under Solar City Project funded by Smart City Thiruvananthapuram Ltd. The last date to submit the bids is 26 April, […]

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