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renewable energy

EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK

Finnish company which manufactures and services power sources Wärtsilä has announced that it has signed a contract with EDF Renewables UK and Ireland to deliver a new grid-scale energy storage facility in the United Kingdom. The storage system will be delivered in Sundon, Bedfordshire. The official statement of Wärtsilä held that the 50 MW/100 MWh []

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The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy

Whenever you use the internet, youre connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the cloud servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and []

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AIIB Will Support 10 GW Renewables Energy in Egypt

Global financial institutions are playing their role to the tee for the development and fast expansion of renewables at COP27. In another such initiative, the Asian Infrastructure Investment Bank (AIIB) has announced that it has joined development partners in signing a partnership agreement with Egypt to jointly support the countrys efforts to boost renewable energy []

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Panasonic Demonstrates New Technology Solution to Optimise Renewable Energy

Global electronics and RE late entrant Panasonic has announced that it has developed an innovation to enhance renewable energy. The company has introduced an experiment called H2 KIBOU FIELD at the Kusatsu factory in Shiga Prefecture, Japan. In the novel experiment, Panasonic found that battery storages, pure hydrogen fuel cell generators and solar PV generators []

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Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy

UK-based  wind and solar farms builder Octopus Energy Generation has said that it will enter Italys green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is []

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EnerVenue & Green Energy Renewable In 250 MWh Storage Deal

Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenues storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of []

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Hitachi Energy to Enable Renewable Electricity Transmission Between Canada & New York

Global tech leader Hitachi Energy working on sustainable energy has announced that it has been selected by Transmission Developers, a Blackstone company specialized in renewable power development, for the supply of a high-voltage direct current (HVDC) converter station. Hitachi Energy said that this converter station is a key part of the transmission solution for the []

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Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy

The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine []

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Ignitis Group to Acquire Latvian Company with 200 MW of Renewable Energy

State-controlled energy holding company in Lithuania, Ignitis Group (AB Ignitis grupė) has announced that after the approval of the Groups Management Board, the Groups subsidiary UAB Ignitis Renewables has signed an agreement to acquire 100 per cent shares of a Latvian company which is developing a wind and solar project in Latvia. The agreement is []

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