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Rhode Island plans 600-MW offshore wind procurement

The smallest state in the United States, Rhode Island’s Governor Dan McKee has announced that legislation has been introduced which would require a market-competitive procurement of approximately 600 MW of new offshore wind capacity If enacted, the legislation would require Rhode Island’s primary utility company to issue a procurement no later than 15 August 2022. […]

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U.S. energy storage market sets Q4 record for new installations: WoodMac

The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […]

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Austria will Release €250 million for Wind and Solar Projects

Rising energy costs due to the Russia-Ukraine conflict have pushed up overall inflation in Austria and this has caused the Austrian government to come up with a plan to expand the renewable energy sector in the country. The government has revealed that it will provide financial assistance of €250 million for the development of solar […]

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LG Energy Solution to set up EV battery JV with Stellantis in Canada

South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […]

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AGL to Build Australia’s Largest Energy Storage Facility

AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […]

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The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses

As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […]

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SunSource Energy Commissions First Phase of Bijnor Solar Power Project

SunSource Energy has announced that the company has commissioned the first phase of the 45 MW solar energy project in Uttar Pradesh. SunSource is one of the leading companies in the distributed solar sector and the commissioned project is situated in the Shivala Kalan Village of Bijnor District. It’s an open access project. The company […]

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Shell Announces 17 GW Offshore Wind Projects in Brazil

Global oil and gas conglomerate Shell has announced that it has applied for environmental investigation licences with Institute for the Environment and Natural Resources (IBAMA), Brazil, for the development of six offshore wind projects. The total capacity of the six projects comes up to 17 GW. Shell has overtaken Ventos do Atlântico that has 15 GW licenses […]

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Chariot, Total Eren to Develop 430 MW Wind-Solar Farm for Zambia Mines

Chariot Ltd and Total Eren have signed a deal with Canada-based miner First Quantum Minerals Ltd that will facilitate the construction of a 430 MW renewable power complex to help First Quantums’ mining operations in Zambia. Chariot is an Africa-focused energy firm and Total Eren is a French power producer. The specific details of the […]

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