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ABS Signs Polish Deal on Offshore Wind Sector

American Bureau of Shipping Poland Sp. z.o.o. (ABS) has said that it is supporting the development of Poland’s offshore wind market by signing the Polish Offshore Wind Sector Deal. The official statement of ABS mentioned that this initiative includes other big names as signatories such as TotalEnergies, Orsted, Equinor and Shell. Investors, developers and supply […]

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France Alters Rules to Expedite 6 GW Renewable Projects Already Awarded

The electricity market regulator of France – CRE (Commission de régulation de l’énergie) – has published new rules that will allow renewable energy projects whose tender has already been awarded to be commissioned and come online earlier than their planned timelines. This will allow them to take advantage of high electricity prices. Many of the […]

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The Top 5: Largest Battery Energy Storage Systems Worldwide

As we talk about renewable energy replacing fossil fuels, the bottlenecks hindering the progress of renewable energy must be taken care of as well. One of these bottlenecks is the variable nature of renewable energy. Battery Energy Storage Systems (BESS), also known as Big Batteries, provide electricity grids with a wide range of benefits – […]

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Explained: The Arrival Of Big Batteries For Energy Storage

Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […]

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Denmark, Germany to Develop Bornholm Energy Island of 3 GW

The Danish Government has said that it will increase the energy producing capacity at the Bornholm Energy Island in the Baltic Sea by 1 GW (increasing it from 2 GW to 3 GW) and the power will be transferred to the German grid. This is happening because the government has signed two political pacts taking […]

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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of €58 million. The official statement of Ingka held that the power generating potential of the three offshore […]

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New South Wales Attracts $43 Billion Potential Investments For 17 GW Renewables

In what could be called as a great show of trust in the renewable sector, the New South Wales (NSW) state government (Australia) has announced that the Illawarra Renewable Energy Zone (REZ) has attracted A$43 billion worth of potential investments in response to a call for expressions of interest for large-scale energy and green manufacturing […]

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Khuba Asks States to Set RE Targets, Calls Sectors To Contribute to 500 GW Goal

Union Minister of State for New and Renewable Energy and Chemicals and Fertilizers, Bhagwanth Khuba said that ‘concerted efforts’ from all sectors is vital to achieve the goal of 500 GW renewable energy capacity by 2030 that India has set. Khuba lauded the role of the states so far in the renewable energy sector as […]

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Syngene Seeks 100% Green Energy With Another Green PPA With O2 Power

Contract research and manufacturing firm Syngene International has announced that it has inked a pact to acquire an equity stake up to 26 per cent in O2 Renewable Energy II. The stake is picked up to maintain the captive status of the renewable energy project that O2 power will  set up, as per regulatory norms […]

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