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RWE to Procure 200 MW of Storage from LG for US Solar Project

German company RWE Renewables has signed contracts with South Korea-based LG Energy Solution to receive an integrated battery energy storage system (BESS) for two of RWE’s upcoming projects with co-located solar PV facilities in the U.S. “We’re delighted to join forces with LG Energy Solution to secure equipment helping us realize two important solar plus […]

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Cheaper Land On Agenda For US Admin For Solar and Wind Projects

Cheaper access to land for solar and wind projects has become a key tool for the US administration of President Joe Biden to drive growth in solar and wind capacity. With renewable energy a key pillar of the ‘green new deal’ to reduce emissions and decarbonise the US economy, the issues assumes significance at a […]

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Wind Energy Accounted for 42% New U.S. Capacity in 2020

More wind energy was installed in 2020 than any other energy source, accounting for 42% of new U.S. capacity, says the U.S. Department of Energy (DOE). By contrast, solar amounted to only 38% of new capacity last year. The U.S. wind industry supports 116,800 jobs. The DOE has released three reports showing record growth in […]

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Japanese Firm to Build World’s 1st Power Transfer Vessel

PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […]

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Denmark Invites Bids for Third Technology-neutral Tender

The Danish Energy Agency (DEA) has invited bids for a technology-neutral tender, where solar cell systems, wind turbines, wave energy plants and hydropower plants can compete for support. This is the third such tender launched by Denmark and will back around 428 MW of renewable energy projects using DKK 1.2 billion ($189.5 million) in state funds. The […]

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Storage Integrator FlexGen Bags $150 M Investment from Apollo Funds

Apollo Global Management, an alternative asset management group, has announced a $150 million equity commitment to FlexGen Power Systems, a leading integration services and software technology provider for energy storage solutions in the US and globally. Apollo’s investment will be made in partnership with FlexGen’s existing investors, Altira Group and the founding investment group led […]

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RUMSL Invites Bids for ESIA of 600 MW Floating Solar Project in MP

The Rewa Ultra Mega Solar Limited (RUMSL) is seeking bids from consultants for the Environmental and Social Impact Assessment (ESIA) of a 600 MW floating solar PV project and its auxiliary structures (including floating/ marine structures, transmission infrastructure, etc.) located in the Kaveri Branch reservoir of Omkareshwar Dam, Madhya Pradesh. The move was long awaited, […]

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China’s Goldwind Earns 292.3 M Net Profit in H1 FY21

Beijing-based wind turbine manufacturer Goldwind has released interim results for 2021, reporting a net profit of around CNY 1.9 billion ($292.3 million) in the first half of the financial year. Officially known as Xinjiang Goldwind Science & Technology Co., Ltd., this state-owned multinational realised revenue of CNY 17.85 billion in H1 FY21. Gross profit was CNY 4.919 billion, […]

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Operations Support Associate (Cost Mgmt)

Support the IMDS Project Managers in providing transparent cost control to operations projects administration. Liaise between Operations and Finance & Administration (F&A) on matters. Regional coverage for Middle East and North Africa projects. Duties & Responsibilities:- Functions:- Ensures all timesheets are collected Ensures approved client worksheets are collected Input time to Peoplesoft Time & Labour […]

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