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Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend?

Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […]

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Australian Renewable Energy Agency Invites EOI For Grid-Connected Community Batteries

Last year, Australia’s government made an announcement about the $200 million in grant funding for the Community Batteries for Household Solar Program. The initiative is aimed at delivering community batteries to lower electricity bills and emissions while also aiding storage of excess solar energy, and curbing grid pressure. Now, a new round of grant funding […]

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Google to Buy Wind Energy from Ørsted for US Datacenters

In a quest to step-up the decarbonisation of its activities, tech giant Google has signed a 150 MW PPA with Danish energy major Ørsted for the purchase of renewable energy generated by Helena Wind Farm for the next 15 years. The Ørsted wind project was commissioned last year and provides low-cost electricity to the South […]

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South Pole And Oorja To Use New D-RECs For India’s Diesel Problem

The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […]

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Sushil Virmani is New Managing Director of Best Power Equipments (BPE)

End-to-end strategic power solutions manufacturer Best Power Equipments Pvt Ltd (BPE) has appointed Sushil Virmani as the Managing Director of the company. The company said that Sushil Virmani, a veteran of the power industry, will be instrumental in fueling the growth of BPE as a global player. Before this, Virmani was the MD of Socomec […]

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US State Of Maryland Quadruples Offshore Wind Target To 8.5 GW, Set To Pass Law

The state of Maryland in the US has set a new target of offshore wind energy in a quest to achieve the national goal of zero carbon emission and combat climate change. Maryland governor Wes Moore said during the International Partnering Forum, 2023, in Baltimore that the state has now more than quadrupled the previous […]

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GIG, Shell Energy To Deliver 200MW Australian Energy Storage System

Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […]

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