Global Distributed Energy Resources Spending to Reach $39 Billion in 2030

Global Distributed Energy Resources Spending to Reach $39 Billion in 2030

Distributed energy resources (DER) in commercial buildings, including EV chargers, solar photovoltaic, and battery storage, are rapidly expanding due to the steep decline in the cost of distributed energy technologies ...
/ / Other, Renewable Energy
Daily News Wrap-Up 17 New Grid Islanding Programs Planned for Major Cities in India

Daily News Wrap-Up: 17 New Grid Islanding Programs Planned for Major Cities in India

Here are some noteworthy cleantech announcements of the day from around the world: Seventeen new islanding programs have been planned for major cities, in addition to 26 existing and under-implementation ...
/ / Other, Renewable Energy
Solar Tracker Manufacturer FTC Solar to Explore Breakbulk Shipping to Cut Costs

Solar Tracker Manufacturer FTC Solar to Explore Breakbulk Shipping to Cut Costs

U.S. solar tracker systems provider FTC Solar is exploring breakbulk shipping methods and cost-cutting measures to return the business to profitability in Q4 2021. It recorded a revenue of $50.1 ...
/ / Finance and M&A, Solar
India’s Energy Storage Capacity Could Reach 800 GW by 2050 NREL

India’s Energy Storage Capacity Could Reach 800 GW by 2050: NREL

The National Renewable Energy Laboratory (NREL) has published a report, “Energy Storage in South Asia: Understanding the Role of Grid-Connected Energy Storage in South Asia’s Power Sector Transformation.” The report ...
Daily News Wrap-Up: MNRE Issues Updated List of Solar Manufacturers Under ALMM

Daily News Wrap-Up: MNRE Issues Updated List of Solar Manufacturers Under ALMM

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) has issued an updated list of models and module ...
/ / Other, Renewable Energy
US Added Record 26 GW of Renewables Power in 2020: Report

US Added Record 26 GW of Renewables Power in 2020: Report

The American Clean Power Association released its first Clean Power Annual report, which captures key industry trends and rankings from 2020. The report showed that wind, utility solar, and battery ...
/ / Other, Renewable Energy
Month in a Minute: Top Headlines from Indian Renewable Sector in July 2021

Month in a Minute: Top Headlines from Indian Renewable Sector in July 2021

Here is a recap of some of the most important headlines from July 2021: Peak power demand in India reached an all-time high of over 200 GW. It surpassed the ...
/ / Markets & Policy, Solar
Daily News Wrap-Up: Siemens to Construct 100 MW Battery Storage Facility in Germany

Daily News Wrap-Up: Siemens to Construct 100 MW Battery Storage Facility in Germany

Here are some noteworthy cleantech announcements of the day from around the world: Siemens Smart Infrastructure and Zukunftsenergie Nordostbayern GmbH signed a letter of intent to construct a 100 MW battery storage ...
/ / Other, Renewable Energy
Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021

Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021

Global corporate funding, including venture capital (VC) funding, public market, and debt financing for battery storage, smart grid, and efficiency companies in the first half (1H) of 2021, was up ...
Daily News Wrap-Up: NTPC to Set Up Green Hydrogen Mobility Project in Ladakh

Daily News Wrap-Up: NTPC to Set Up Green Hydrogen Mobility Project in Ladakh

Here are some noteworthy cleantech announcements of the day from around the world: NTPC REL, the renewable energy arm of NTPC, has signed a memorandum of understanding with the union ...
Daily News Wrap-Up: Nissan to Invest £1 Billion in EV and Battery Manufacturing

Daily News Wrap-Up: Nissan to Invest £1 Billion in EV and Battery Manufacturing

Here are some noteworthy cleantech announcements of the day from around the world: Nissan has unveiled its plan to transform its flagship Sunderland manufacturing facility into a £1 billion (~$1.37 billion) new-generation ...
NTPC Floats Tender for 1,000 MWh of Battery Energy Storage Systems

NTPC Floats Tender for 1,000 MWh of Battery Energy Storage Systems

NTPC Limited has invited expression of interest (EoI) from Indian and global companies to set up 1,000 MWh of grid-connected battery energy storage systems (BESS) on the premises of its ...
Indian Railways Floats Tender for a 15 MW Solar Project with Battery Storage

Indian Railways Floats Tender for a 15 MW Solar Project with Battery Storage

The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES, has invited bids to develop a 15 MW solar project with a 7 MW/14 ...
Canadian Solar Reports 42% YoY Rise in Module Shipments

Canadian Solar Reports 42% YoY Rise in Module Shipments

Canada-based solar module manufacturer Canadian Solar released its financial results for the first quarter (Q1) of 2021. The company's net revenue in Q1 2021 grew by 32% year-over-year (YoY) and ...
/ / Finance and M&A, Solar
Highview Power to Develop up to 2GWh of Liquid Air Energy Storage Projects in Spain

Highview Power to Develop up to 2 GWh of Liquid Air Energy Storage Projects in Spain

Highview Power, a leading provider of long-duration energy storage solutions, has announced that it is developing long-duration liquid air energy storage projects of up to 2 GWh in Spain with ...
Corporate Funding for Battery Storage Companies Up 52% With $4.7 Billion in Q1 2021

Corporate Funding for Battery Storage Companies Up 52% With $4.7 Billion in Q1 2021

The venture capital (VC) funding for battery storage, smart grid, and energy efficiency companies in Q1 2021 saw a growth of 410% and stood at $1.3 billion, compared to $252 ...
/ / Grid, Smart Grid
US to Provide $100 Million for Projects Advancing Clean Energy Technology

US to Provide $100 Million for Projects Advancing Clean Energy Technology

The U.S. Department of Energy (DOE) has pledged up to $100 million in financing for research and development of transformative clean energy technology to support the Biden Administration's climate innovative ...
/ / Other, Renewable Energy
Insurance Premium in The US Solar Market Up by 400% in the Last Two Years

Insurance Premium in the US Solar Market Up by 400% in the Last Two Years

Property and casualty insurance premiums have increased by nearly 400% in the solar market over the last two years in the United States, and some types of coverage may not ...
/ / Markets & Policy, Solar
Indian Railways Invites Bids for a Pilot Solar Power Project with Battery Storage

Indian Railways Invites Bids for a Pilot Solar Power Project with Battery Storage

The Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited, has invited bids for a pilot project to procure renewable energy power for the ...
/ / Solar, Tenders & Auctions
At 119 MW, Australia’s Rooftop Solar Capacity Additions in September Lowest in a Year

At 119 MW, Australia’s Rooftop Solar Capacity Additions in September Lowest in a Year

Australia installed 119.47 MW of rooftop solar capacity in September this year, a decrease of 57 MW, compared to the same period last year, according to Australia’s Clean Energy Regulator ...
/ / Rooftop, Solar
SECI Announces 100 MW Solar Tender with Battery Energy Storage in Chhattisgarh

SECI Announces 100 MW Solar Tender with Battery Energy Storage in Chhattisgarh

The Solar Energy Corporation of India (SECI) has invited bids for a 100 MW (AC) solar power project along with a 50 MW/150 MWh battery energy storage system (BESS). The ...
/ / Solar, Tenders & Auctions
DC-DC Bidirectional Converters Offer an Innovative Energy Storage Option for Solar (1)

DC-DC Bidirectional Converters Offer an Innovative Energy Storage Option for Solar

The intermittent nature of renewable energy makes it imperative to store energy to maintain an uninterrupted supply of power. KEHUA, one of the leading energy solutions providers, has come up ...
MNRE Seeks Stakeholder Comments on Revised Standards for Solar Modules and Inverters

MNRE Seeks Stakeholder Comments on Revised Standards for Solar Modules and Inverters

The Ministry of New and Renewable Energy (MNRE) has issued a notification detailing the recommendations of the expert committee on implementing the quality control order titled ‘Solar Photovoltaics (PV) Systems, ...
/ / Markets & Policy, Solar
NLC India Commissions 20 MW Solar Project with Battery Energy Storage in Andaman

NLC India Commissions 20 MW Solar Project with Battery Energy Storage in Andaman

The Neyveli Lignite Corporation (NLC) India Limited has announced that the electricity department of Andaman and Nicobar administration has confirmed the commissioning of a 20 MW solar power project integrated ...
Three SECI Solar Tenders Get Yet Another Bidding Extension

Three SECI Solar Tenders Get Yet Another Bidding Extension

The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for three of its recent solar tenders that have already seen several extensions. The deadlines have been ...