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Energy Storage in Focus in US as Multiple Firms Secure Support

The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […]

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India On A Right Track Towards Net-Zero But Need Finances: Report

A new report by Brusels-based think tank Strategic Perspectives compared the performance of five major economies- US, China, EU, India and Japan on zero carbon technologies. The report compared the performance of these five major economies on manufacturing, deployment and investment in key decarbonization technologies like renewable energy, and electric vehicles (EVs), as well as the […]

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Google & Apex Clean Energy Join Forces for Timbermill Wind Project of 189 MW Capacity

US-based firm, Apex Clean Energy, which delves into the origination, commercialization, construction, and operation of utility-scale wind energy facilities has joined hands with Google for 189 MW worth of capacity for the Timbermill Wind project. The wind project will be established in North Carolina, USA. The said wind project will aid Google, which is eyeing  carbon-free […]

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RWE Partners with Stanwell Corporation for 1.8 GW Onshore Wind in Australia

German multinational energy firm headquartered in Essen that generates and trades electricity in the Asia-Pacific region, and delves into offshore wind power generation, RWE has joined hands with power provider Stanwell Corporation. The two firms have entered into a memorandum of understanding (MoU) for two Queensland onshore wind projects. These will boast an aggregate capacity […]

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GOGLA, IKEA Foundation Announce Partnership To Scale Up RE in Asia

GOGLA, the global association for the off-grid solar energy industry, and the IKEA Foundation have now announced a strategic partnership to scale the productive use of renewable energy (PURE) across Asia and Africa.  The partnership provides GOGLA with funding of EUR 4 million over four years to help the off-grid solar sector advance solar PURE technologies that […]

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Tata Power Signs MoU With Maharashtra For 2800 MW of PSP

Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore.  The company shared the information in its latest filing before the Bombay Stock Exchange […]

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Spain’s Acciona to Establish New Wind Farm of 330 MW Capacity in Victoria

Spanish firm that delves into the development and management of infrastructure and renewable energy Acciona Energia has set sights on setting up a new 330 MW wind farm, which will come up in regional Nyaninuk, Victoria. The proposal looks at constructing 58 wind turbines. These would generate 330 MW of renewable energy in regions of […]

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Apraava Energy Bags Two Green Energy Interstate Transmission Projects in Rajasthan

Apraava Energy, a leading integrated energy solutions provider, has been awarded two interstate transmission projects in Rajasthan under the GoI’s tariff-based competitive bidding process. In line with the Transmission Service Agreement executed by the SPVs, the projects will be developed by Apraava under BOOT (build, own, operate and transfer) model. The projects are part of […]

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