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renewable energy investment

MYTILINEOS is Extending its Global Partnership with Huawei

Following the successful cooperation with the Renewables and Storage Development (RSD) Business Unit of MYTILINEOS (METKA EGN) in Greece, Huawei extends its business partnership with MYTILINEOS globally, signing a memorandum of cooperation regarding the supply of innovative and reliable Huawei string inverters, for PV plants including but not limited to the UK, Uzbekistan, Spain and […]

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DOE Announces $24.5 Million for Manufacturing Flow Batteries and Resilient Electric Grids

The United States Department of Energy (DOE) has announced USD 24.5 million to support manufacturing of resilient, modern electricity infrastructure, flow battery systems, and to address the climate emergency.  According to DOE, the funding opportunities will uphold research and development (R&D) for the materials and technologies needed to expand the grid with new, clean-energy sources, […]

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BP Targets 1 GW Hydrogen Production by 2030, Planning UK’s Largest Plant

British multinational oil and gas company, BP has announced that it is planning to build UK’s largest hydrogen production plant. The company, which has the aim of reimagining energy and helping the world to reach net-zero emissions is targeting to produce 1 GW of hydrogen by 2030. This project would capture and send for storage […]

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Green Power, Silicon Ranch Complete Commissioning of 200 MW Solar Portfolio in Georgia

Clean energy projects stimulate economic activity across the state and provide low-cost, renewable power to Georgia’s Electric Cooperatives Green Power EMC, the renewable energy provider for 38 Georgia Electric Membership Corporations (EMCs), and Silicon Ranch, one of the nation’s largest independent solar power producers and the U.S. solar platform for Shell, today announced the completion […]

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USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar

USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […]

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Reshaping the Future of the Electric Grid Through Low-Cost, Long-Duration Discharge Batteries

A new era of energy provided by renewables may be close, thanks to research begun at the Joint Center for Energy Storage Research (JCESR), a U.S. Department of Energy (DOE) Energy Innovation Hub led by DOE’s Argonne National Laboratory, and continued at its spinoff company, Form Energy.   The challenge JCESR addressed is long-duration energy storage – […]

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Siemens Commissions India’s First HVDC Power Transmission Link

Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […]

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GWEC: 22 GW Wind Power Additions in North, Latin America In 2020

A recent report by the Global Wind Energy Council (GWEC) confirms that both North and Latin America, installed nearly 22 GW of new capacity of wind power in the region, a 62 percent spike over 2019 beating back the impact of COVID 19 comprehensively. According to the latest data released by GWEC Market Intelligence, in […]

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