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solar and storage

American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio

Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […]

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PM Modi Exhorts Investors In Private Sector To Join India’s Green Growth

In his first formal address after the Union Budget on February 1, Prime Minister Narendra Modi made a spirited pitch for private sector participation and the many startup opportunities in India’s green growth push. “Every budget since 2014 has followed a consistent pattern. The push for green growth and clean energy has been built around […]

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AES Aims to Develop Hybrid RE Project in Chile with 3,100 MWh BESS

AES Chile, a producer and distributor of electricity and a subsidiary of US-based AES Corporation, is moving ahead with its plan to develop a hybrid renewable energy project that will also harbour a battery based energy storage system (BESS) with a capacity of 3,100 MWh. In a key development, AES Chile has submitted the EIA […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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Delta Electronics Unveils Microgrid-based Green EV Charging Station at ELECRAMA 2023

Taiwan-based power management and RE solutions provider Delta Electronics presented a wide portfolio of IoT-based smart green solutions at ELECRAMA 2023, Greater Noida, India. The smart green solutions includes a smart microgrid-based green EV charging station and the new Open-Loop Variable-Torque Standard Drive VP3000 Series. The Green EV Charging Station The green EV charging station […]

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bp to Invest $1 Billion in EV Charging Across US by 2030

Global energy conglomerate British Petroleum or bp has announced its fresh plans to invest $1 billion into electric vehicle (EV) charge points across the United States. bp said that it will bring fast charging infrastructure to Hertz locations in major cities of the US by 2030. bp said that these cities will include Atlanta, Austin, […]

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Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy

Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […]

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Amazon to Source Green Electricity from Japanese Firm Itochu

Global ecommerce and cloud storage giant Amazon will be sourcing green energy from Clean Energy Connect through Japanese trading house Itochu for its operations. Itochu will be developing renewable energy supply networks for the purpose in Japan and America. It will also supply green power to Meta and other companies in Japan and USA to […]

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