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renewable energy investment

AES to Absorb Solar Develop sPower to Form 12 GW RE Platform

The AES Corporation has announced an agreement with AIMCo to merge the sPower development platform, a leading independent solar developer in the US The AES Corporation has announced an agreement with Alberta Investment Management Corporation (AIMCo) to merge the sPower development platform, a leading independent solar developer in the US, with AES’ US-based clean energy […]

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AI to Help Organizations cut GHG Emissions by 16% in the Next 3-5 years: Report

A new report details how AI powered use cases for climate action have the potential to help organizations fulfil up to 45 percent of their emissions targets of the Paris Agreement. Artificial Intelligence (AI) powered use cases for climate action have the potential to help organizations fulfil up to 45 percent of their Economic Emission […]

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Potential Is Finally Meeting Reality in Solar Is Message From MNRE Meet

In a sort of curtain raiser to the Re-Invest 2020 or the 3rd Global Renewable Investors’ meet scheduled from November 26-28, key stakeholders in the renewable energy domain discussed India’s market prospects  today. The Re-invest event is organized by the MNRE, Government of India and Confederation of Indian Industry (CII), with a focus on providing […]

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Australia’s Leanings Towards Battery Storage Over New Transmission

It is no secret that power distribution firms worldwide are considering energy storage options in a big way to augment or even defer investments in transmission system updates. Part of the reason is the higher share of intermittent renewable energy, but another is simply the variable nature of power demand, where a network can be […]

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UK Funding Approval for Exploring Space Based Solar Power

Solar power in space, which has played such a key role in powering satellites so far, is now in the spotlight for generating energy on Earth too.  Taking the help of massive solar powered satellites for the collection of solar energy, the UK government  has commissioned fresh research into the feasibility of space-based solar power […]

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UK To Target 100% EV’s by 2030, a Decade Earlier Than Planned

It was only in February this year, that British Prime minister Boris Johnson had announced plans to bring forward the date to ban petrol and diesel cars from the UK to 2035. From the earlier target date of 2040. Now, multiple reports say that the new date will be 2030, likely to be announced as […]

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NITI Aayog Drafts RfP for Setting up Advance Chemistry Cell Manufacturing Facilities

Niti Aayog has issued the draft RfP for the selection of private entities to set-up manufacturing facilities that produce Advance Chemistry Cells (ACC). The Government of India through the Department of Heavy Industry (DHI) intends to develop giga-scale advance cell manufacturing for domestic application and promotion of diverse energy sources, to ensure overall energy security […]

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GoodWe Adds to its Utility Portfolio With Launch of HT Series 1500V PV String Inverter

On Friday 6 November the Indian solar industry witnessed GoodWe’s nationwide launch of the much anticipated HT Series. The Suzhou-based multinational is widely recognized as a global leader in Commercial & Industrial projects but has recently been adding to its Utility portfolio with larger and more powerful solutions. The event, held at the Pullman resort […]

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Solar Plants, Batteries Among 10 Sectors In Expanded PLI Scheme

The Union Cabinet has approved the Production Linked Incentive (PLI) Scheme for 10 “key sectors”, including telecom, electronics, solar PV and batteries. With this move, the government has delivered on its promise to encourage manufacturing with direct interventions, especially for the solar PV manufacturing. The battery sector, or advanced chemistry cell (battery) as the government […]

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