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renewable energy

Clean Energy Index Launched In Bloomberg, Goldman Sachs Collaboration

Bloomberg and Goldman Sachs Asset Management have announced the launch of the Bloomberg Goldman Sachs Global Clean Energy Index. Designed with the energy expertise at both firms, the index is a modified free float-adjusted market capitalization weighted index tracking the performance of over 175 global equities with significant business exposure to the clean energy sector. […]

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50 MW Wärtsilä Energy Storage System Activated in UK

Pivot Power, part of EDF Renewables, has activated a 50 MW lithium-ion energy storage system in Kemsley, Kent supplied by the technology group, Wärtsilä, to support the integration of renewable energy into the UK’s National Grid. Wärtsilä has supplied an energy storage system at the Kemsley substation in South England which is directly connected to […]

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Sungrow Launches New Energy Storage Systems for APAC Commercial & Industrial Market

Sungrow, a global inverter solution supplier for renewables, has rolled out its new energy storage system — ST129CP-50HV Series, for APAC commercial & industrial market. This product supports various applications including demand management, peak & valley arbitrage, self-consumption, power backup and micro-grid. ST129CP-50HV Series: Providing High-quality and Economical Electricity As renewable energy is emerging to […]

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IRENA, Climate Investment Funds Partner to Advance Energy Transition

The Climate Investment Funds (CIF) and the International Renewable Energy Agency (IRENA) are joining forces to accelerate investment in clean energy globally as part of a new memorandum of understanding (MoU) signed yesterday during a virtual signing ceremony with CIF CEO Mafalda Duarte and IRENA Director-General Francesco La Camera. Just days ahead of the UN’s […]

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GoodWe Commits To Energy Storage Solutions

At this year’s Bloomberg New Energy Finance (BNEF) Summit, GoodWe’s campaign will focus on practical solutions on how the energy needs of the future can be met in order to realize the net-zero goals set by companies, cities, and countries worldwide. GoodWe has made it its goal to develop energy storage solutions that will enable […]

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JPMorgan-advised Fund Secures Controlling Stake in Falck Renewables

Italy’s Falck family of industrial magnates will receive 1.5 billion euros ($1.8 billion) from the sale of its controlling stake in Falck Renewables to a JPMorgan-advised infrastructure fund, the company said on Wednesday. The Falcks, who built their fortune in steel over the last century before switching to renewables in the late 1990s, are selling […]

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EY Study Shows Rise of ‘Omnisumer’: Customers of New Energy Solutions

A perfect storm of government policy, consumer trends and technology is accelerating the energy transition. And while much of the discussion centers around renewables and infrastructure, it mostly overlooks the customer. EY has conducted a survey of 34,000 energy consumers across 17 countries to understand their shifting needs, values and expectations, and the results present […]

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NITI Aayog, ISRO Partner To Give Geospatial Energy Map of India

NITI Aayog, in collaboration with Indian Space Research Organisation (ISRO), has developed a comprehensive Geographic Information System (GIS) Energy Map of India with the support of Energy Ministries of Government of India. The map was recently launched by Dr Rajiv Kumar (Vice Chairman, NITI Aayog), Dr V K Saraswat (Member, NITI Aayog), and Mr. Amitabh […]

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Storage Major Fluence Energy Targets $744 Million IPO

Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […]

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