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Indi Energy Gets National Startup Award 2022 For ‘Energy Storage’

Indi Energy – a startup that has sprung out of Indian Institute of Technology (IIT) Roorkee, has won the prestigious National Startup Awards 2022 in the category of ‘Energy Storage.’ National Startup Award 2022 was presented to the India based start-ups that are most promising and innovative. The certificate of commendation was presented by Piyush […]

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Pexapark and AFRY launch Daily Valuation Curve For Renewable Projects

Switzerland based Pexapark has joined Sweden based AFRY management consulting to formally launch the ‘Daily Valuation Curve’, a new pricing data offering that will give investors and lenders greater certainty over the lifetime value of renewable energy projects. Announced in Q4 2022, the Daily Valuation Curve seamlessly combines Pexapark’s market-based price approach, used by 150+ […]

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Lightsource Bp Agrees to Sell 247 MW Spanish Solar Projects

Lightsource bp, United Kingdom based solar energy player, has announced that it has agreed the sale of its 247MW solar photovoltaic (PV) project to Plenium Partners and Bankinter Investment. The two purchasing firms are independent renewable energy investors. Lightsource bp said that the objective of the sale is to support its growth across the sector. […]

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Revolutionizing Solar Energy Integration: The MARS Project and Electric Grids

A new era of energy systems dominated by green and renewable solar power is approaching. As the transition comes to fruition, it’s important to understand the type of current the grids use – Alternating Current (AC) – and to ensure solar integration without much hassle. Despite its benefits, solar energy involves a complex and lengthy […]

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AREMI, Renewable Manufacturing Initiative for Africa Launched

Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action for renewable energy development in African countries to scale up […]

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USA’s Utility-Scale Renewables Generated More Electricity Than Coal On 169 Days

As per a report by Institute for energy Economics and Financial Analysis, USA’s clean energy transition received major impetus in 2022. The report highlights that the US clean energy transition is witnessing an upward trend and has made major progress since 2019. The report has highlighted three major trends in renewables for US electricity generation. […]

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Durham’s FlexGen to Supply 420MWh of Energy Storage System in California

Durham-based battery energy storage solution and software technology provider FlexGen Power Systems has been selected to supply energy storage technology and software for 420MW of energy storage across four California sites to Middle River Power. The energy storage projects are collocated with existing simple cycle natural gas peaking plants, and the facilities will share interconnection […]

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Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects

Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […]

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Countries That India Can Seek Inspiration From For Renewable Investments

India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […]

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