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UK Fund Gresham House Raises £380m Funding For Storage Projects

Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […]

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Gadkari Bats For Ethanol, Green Hydrogen At Wind Conference

At the World Wind Energy Conference 2021 (WWEC2021) being held at New Delhi, Union Minister for Road Transport and Highways, Nitin Gadkari, stressed on the need to see ethanol and Green hydrogen make an impact in the transportation sector to make a real impact. Pointing out that only 6% of the energy consumption in the […]

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Power Ministry Issues Order Extending ISTS Benefits to BESS, Pumped Storage Projects

In an order dated November 23, the Ministry of Power of the Government of India has notified key changes to its existing orders allowing waiver of ISTS (Inter State Transmission Charges) on Wind and Solar Sources. In the latest version, for Wind, Solar, Hydro PSP (Pumped Storage Projects) and BESS projects commissioned upto 30.06.2025, the […]

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Canadian Solar Signs Framework Agreement With Battery Major CATL

Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […]

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After COP26, Germany Steps Up, Promises Euro 1.2 billion For Climate Fight To India

After the disappointment that was the COP26 conference where developed countries did their best to avoid taking serious measures and push developing countries to do more, Germany has started some mitigation of its own. On Wednesday, Europe’s largest economy and powerhouse announced new development commitments of over Euro 1.3 billion (approx Rs 10,025 crore) to […]

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US Firm WindESCo Partners with Phoenix Contact for Swarm Tech

WindESCo, a firm focused on accelerating annual energy production (AEP) for wind turbine stakeholders, has brought renewable components company Phoenix Contact onboard as a strategic technology partner. Phoenix Contact is delivering the ‘Swarm Edge’ component of the swarming solution. Swarm Edge is installed on each turbine to provide data collection and centralized control, enabling WindESCo’s […]

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Tech Firm Lancium Raises $150M to Advance Decarbonisation Solutions

Lancium Technologies Corporation, a technology firm focused on energy transition, has announced that it has closed $150 million in financing from leading energy companies and investors. Hanwha Solutions, a South Korean provider of clean energy solutions and owner and operator of Q CELLS, led this financing round. Lancium also received support from Novawulf and other […]

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RWE Picks SMA Technology to Build Major German Storage Facility

Energy utility RWE is building a battery energy storage system (BESS) with a total output of 117 megawatts in Germany. The system technology used for integrating and optimally controlling the charging and discharging of the 420 lithium-ion battery racks of the battery storage system is being supplied by SMA Solar Technology. The storage project will […]

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Indira Gandhi International Airport to Achieve Net Zero by 2030

The national capital’s Indira Gandhi International Airport (IGIA) is set to become ‘Net Zero Carbon Emission Airport’ by 2030. “At Delhi Airport, we are on a strong environment progress journey and we are confident to become ‘net zero carbon emission’ airport by 2030, following the ‘Airport Carbon Accreditation’ guidelines,” said Videh Kumar Jaipuriar, CEO, DIAL. […]

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