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Michigan-Headquartered ONE Introduces ‘Aries Grid’ Renewable Energy Storage

Michigan-headquartered Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage. ONE said that Aries Grid will be manufactured in America and it represents a milestone achievement in efforts to scale-up investments in renewable energy infrastructure and grid reliability. “Energy storage is […]

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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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India Will Blacklist Renewable Energy Companies for Missing Deadlines

The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […]

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India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year

Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […]

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Renewable Energy Leads In Investor Interest In UP Global Investor Summit

After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […]

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Israel’s Enlight Renewable Energy Raises $252 Million from Nasdaq IPO

Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing of its initial public offering of 14,000,000 ordinary shares at […]

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EDP Renewables Inaugurates 580 MW Wind Energy Complex; Its Largest In Brazil

EDP Group subsidiary EDP Renewables has announced the inauguration of its largest wind farm complex worldwide in Brazil. The complex has an installed capacity of 580 MW and 138 wind turbines in the state of Rio Grande do Norte. Here EDP Renewables has a strong presence with over 800 MW of wind energy installed and […]

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D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification

D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […]

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