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smart grids

Shanghai Electric Firm Secures RMB400 Million Towards Energy Storage Business

Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric has announced that it has received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. Shanghai Electric will focus on promoting the research and development of new systems, promoting its […]

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Solar Feeders Promise To Fulfil Solar Targets in Agriculture

Radheshyam Singh is a marginal farmer from Noorsarai in the Nalanda district of Bihar. While a few farmers from the district have availed the benefits of off-grid solar pumps for irrigation in the past, Radheshyam and most of the farmers in the neighbourhood still depend on the grid. However, dependency on the grid for irrigation […]

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SOFAR Emphasizes Presence in South America With Its PV, ESS Portfolio

Energy solutions company SOFAR presented its latest innovations covering residential, C&I and utility applications at the Intersolar South America 2023. This platform is one of the largest and most influential exhibitions for South America’s renewable energy industry. SOFAR introduced the 40-75KTLX-G3-LV series three-phase low-voltage C&I inverter specialized for the Brazilian market, which caters to the needs […]

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Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG

Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […]

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DRE Finds A Footing In India, Powered By Solar

Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […]

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Northland Power Secures Financial Close for 250 MW Oneida Energy Storage Project

It looks like the energy storage infrastructure is burgeoning in Canada with many announcements being made this week. In the fresh case, Toronto-headquartered Northland Power has announced that its 250 MW Oneida Energy Storage Project in Southern Ontario has reached financial close. It has secured all the necessary financing. The total cost for the project […]

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Wärtsilä Grabs 114MWh UK Storage Project From EDF Renewables

Technology major Wärtsilä has bagged EDF Renewables order to deliver a grid-scale energy storage system (ESS) in Bramford, UK having a capacity of 57 MW / 114 MWh. The ESS project will support the transition to a decarbonised electricity system and help achieve the UK’s net zero goals. Wärtsilä said that the order was booked […]

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Trina Solar Launches Vertex S+ Series At Solar Show Africa 2023

Trina Solar, a global solar and smart energy total solution provider, has announced the launch of its latest innovation, the Vertex S+ 445W+ n type dual-glass modules at the 2023 Solar Show Africa held in Johannesburg. As per the firm, the new modules are specifically designed for rooftop PV systems, offering a combination of durability, […]

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Iberdrola to Supply Over 1 TWh Renewable Power to Amazon

In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […]

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