SUBSCRIBE NEWS LETTER

wind generation

World Adds Record new Renewable Energy Capacity in 2020: IRENA

According to IRENA, the world added more than 260 GW of renewable energy capacity last year, exceeding expansion in 2019 by close to 50%. Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic. According to data released today by the […]

Read more

Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business

Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […]

Read more

EIB Provides Brenmiller Energy with €7.5 Mn for Innovative Thermal Storage Factory

EIB and Brenmiller Energy have signed a €7.5 million financing agreement to back the company’s construction of the first large-scale factory for its bGen storage unit. The European Investment Bank (EIB) and Brenmiller Energy, an Israeli provider of industrial energy storage solutions, have signed a €7.5 million financing agreement to back the company’s construction of the […]

Read more

Electric Vehicles Market Share to Exceed 50% From 2033: Rystad

The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […]

Read more

Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report

The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […]

Read more

DTE Electric Company Completes Third Green Bond Offering

$1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […]

Read more

Global Solar Installations to Grow 27% to Reach 181 GW in 2021: IHS

According to a report by IHS Markit, the new global solar photovoltaic (PV) installations are expected to grow by 27 percent this year to a record 181 gigawatts (GW), led by China, the United States, and India. However, new solar PV installations were at 142 GW in the year 2020. Although this year the prices […]

Read more

Coal India Seeking Developers for 100 MW Solar Plant in Gujarat

Coal India Limited is seeking developers for undertaking the work of complete development and handing over of 100 MW solar plant in Gujarat. Coal India Limited (CIL), a state-owned coal mining corporate, has issued a tender – seeking developers for undertaking the work of complete development and handing over of a 100 MW solar PV […]

Read more

Tata Power-DDL Powers up India’s 1st Grid-Tied Community Energy Storage System

Tata Power-DDL has launched India’s first Grid-Connected Community Energy Storage System (CESS) in Rani Bagh, New Delhi. Tata Power-DDL, a leading Power Distribution utility supplying electricity to a populace of 7 million in North Delhi has announced that it has, in collaboration with Nexcharge, a joint venture between Exide India and Leclanché, launched India’s First […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll