Energy Storage Sector Upbeat For 2023 Despite Cost, Supply Chain Challenges

Energy Storage Sector Upbeat for 2023 Despite Cost, Supply Chain Challenges

India’s renewable energy growth plans are closely tied to energy storage to mitigate the intermittency of renewable sources as the country strives to meet the rising round-the-clock (RTC) clean energy ...
Hexicon Inches Closer to Developing 7.1 GW Offshore Wind Projects in Italy

Hexicon Inches Closer to Developing 7.1 GW Offshore Wind Projects in Italy

Italy's transmission system operator (TSO) Terna SpA has approved six of Sweden-based Hexicon's seven proposed floating wind power projects for connection to the national grid. Terna's interconnection permit is a ...
/ / Finance and M&A, Wind
Explainer Why Have the New Regulations Made the Grid Unstable

Explainer: Why the New Regulations Have Made the Grid Unstable

Less than three weeks after the Central Electricity Regulatory Commission's (CERC) new regulation de-linked deviation charges and frequency, grid frequency swung wildly and dangerously on December 20, which spooked the ...
Power Producer Encavis AG’s Fund Closes Investment Phase with €1.13 Billion

Power Producer Encavis AG’s Fund Closes Investment Phase with €1.13 Billion

Europe-based independent power producer Encavis AG’s fund Encavis Asset Management completed the investment phase of the Encavis Infrastructure Fund II (EIF II) with a total value of €1.13 billion (~$1.19 ...
/ / Other, Renewable Energy
UK’s Energy Storage Sector Gets £32 Million to Develop Innovative Technologies

UK’s Energy Storage Sector Gets £32 Million to Develop Innovative Technologies

The UK government has announced £32.9 million (~$39.4 million) funding for projects in the country that are developing innovative energy-storage system (ESS) technologies to strengthen the national power grid. Five ...
/ / Other, Renewable Energy
Storage Startup Gravitricity Secures £194,000 for Tech Demonstration in India

Storage Startup Gravitricity Secures £194,000 for Tech Demonstration in India

Edinburgh-based storage startup Gravitricity has secured £194,000 ($233,174) from the United Kingdom government to find demonstration sites in India suitable for their gravity energy storage technology. The project aims to ...
/ / Other, Renewable Energy
India to Invest ₹2.8 Trillion in Transmission Network to Evacuate Renewable Energy

India to Invest ₹2.8 Trillion in Transmission Network to Evacuate Renewable Energy

India plans to invest ₹2.8 trillion ($34.2 billion) by 2030 in setting up an interstate transmission network (ISTS) to evacuate renewable energy, said K Sreekant, Chairman and Managing Director of ...
/ / Other, Renewable Energy
Project Finance Brief Pivot Energy Raises $100 Million from Fundamental Renewables

Project Finance Brief: Pivot Energy Raises $100 Million from Fundamental Renewables

From: Mercom Capital Group Pivot Energy, a solar provider that develops, finances, builds, owns, and manages solar and energy storage projects, secured $100 million in debt financing for its renewable ...
/ / Finance and M&A, Other
Australia’s Queensland to Spend A$62 Billion to Develop Renewable Supply Chain

Australia’s Queensland to Spend $40 Billion to Develop Renewable Supply Chain

Queensland plans to spend A$62 billion (~$40.11 billion) over the next 15 years to build a robust renewable supply chain in the Australian state. The Queensland Energy and Jobs Plan ...
/ / Other, Renewable Energy
US Needs to Deploy 90 GW Solar, 150 GW Wind Capacity Annually to Decarbonize Electric Grid

US Needs to Deploy 90 GW Solar, 150 GW Wind Capacity Annually to Decarbonize Electric Grid

The United States needs to deploy 40–90 GW of solar and 70–150 GW of wind energy every year until 2030 to decarbonize the country’s power sector by 2035, a report ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Ashok Leyland Launches Electric Double-Decker Bus in Mumbai

Daily News Wrap-Up: Ashok Leyland Launches Electric Double-Decker Bus in Mumbai

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister for Road Transport & Highways Nitin Gadkari launched Ashok Leyland Electric Double Decker Bus, Switch ...
/ / Other, Renewable Energy
US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs

US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs

The U.S. Department of Energy (DOE) has launched two new program offices – the Grid Deployment Office and the Office of State and Community Energy Programs – which together will ...
/ / Other, Renewable Energy
$26 Million for Projects Demonstrating Grid Reliability With Clean Energy Integration

$26 Million for Projects Demonstrating Grid Reliability With Clean Energy Integration

The U.S. Department of Energy (DOE) has announced $26 million to fund projects demonstrating that America's electricity grid can reliably run with a mix of solar, wind, energy storage, and ...
Residential Rooftop Solar Subsidies To be Directly Transferred to the Consumers

Residential Rooftop Solar Subsidies to be Directly Transferred to the Consumers

(The article has been updated after MNRE’s clarification on the memo) The Ministry of New and Renewable Energy (MNRE) has issued a simplified procedure for installing residential grid-connected rooftop solar ...
Ireland’s Electricity Package Will Help Households Save €75 on Power Bills Annually

Ireland’s Electricity Package Will Help Households Save €75 on Power Bills Annually

The Government of Ireland announced a package with measures to mitigate the hike in electricity bills while ensuring a secure power supply to households and businesses across the country. Under ...
/ / Grid, Market & Policy
US Added 955 MW of New Energy Storage Installations in Q1 2022

US Added 955 MW of New Energy Storage Installations in Q1 2022

The U.S. energy storage market added 955 MW and 2,875 MWh of new installations across all segments in the first quarter (Q1) of 2022, taking the total grid-scale installations capacity ...
President Biden Waives Duties on Solar Module Imports from Southeast Asia for Two Years

President Biden Waives Duties on Solar Module Imports from Southeast Asia for Two Years

President Joe Biden has announced a 24-month duty exemption on solar modules and cells imported from Cambodia, Malaysia, Thailand, and Vietnam to ensure that the domestic solar industry has access ...
US Launches i2X Initiative to Add More Clean Energy to the Grid

US Launches i2X Initiative to Add More Clean Energy to the Grid

The U.S. government has launched the Interconnection Innovation e-Xchange (i2X) initiative through its Department of Energy (DoE) to connect more green energy to the country's grid. The initiative will reduce ...
CERC Issues DSM Regulations, Discourages Over Injection of Wind and Solar Power

CERC Issues DSM Regulations, Discourages Over Injection of Wind and Solar Power

The Central Electricity Regulatory Commission (CERC) has issued the new CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2022. These regulations will apply to all grid-connected regional entities and other ...
/ / Markets & Policy, Other
Tender Issued For Grid Modernization and Solar Power Integration in the Maldives

Tender Issued For Grid Modernization and Solar Power Integration in the Maldives

The Republic of Maldives Ministry of Finance, on behalf of the Ministry of Environment, Climate Change and Technology, has issued a request for bids (RfB) for infrastructure works to support ...
EPC Tender Floated for a 113 MW Solar Project in Romania

EPC Tender Floated for a 113 MW Solar Project in Romania

Ruserio Solar, a special purpose vehicle of the Dhamija Group, has invited expressions of interest (EoIs) from contractors for the engineering, procurement, and construction (EPC) of a 113 MW solar ...
US Community Solar Market to Add 4.5 GW of New Capacity in the Next Five Years Report

US Community Solar Market to Add 4.5 GW of New Capacity in the Next Five Years: Report

The community solar market of the United States will add 4.5 GW of new solar capacity in the next five years, according to a recently released report by Wood Mackenzie, a ...
/ / Markets & Policy, Solar
Assessing the Interactions of Solar With the Power System

Assessing the Interactions of Solar With the Power System

The Lawrence Berkeley National Laboratory has released a report, 'Solar-to-Grid: Trends in System Impacts, Reliability, and Market Value in the United States,' assessing the interactions of solar with the power ...
/ / Markets & Policy, Solar
CERC Announces Draft Deviation Settlement Mechanism

CERC Announces Draft Deviation Settlement Mechanism

The Central Electricity Regulatory Commission (CERC) has issued the draft Deviation Settlement Mechanism (DSM) and Related Matters Regulations, 2021. The regulations seek to ensure, through a commercial mechanism, adherence to ...
/ / Markets & Policy, Solar
Bids Invited for 4.5 MW of Solar Projects at Thermal Power Stations in Gujarat

Bids Invited for 4.5 MW of Solar Projects at Thermal Power Stations in Gujarat

The Gujarat State Electricity Corporation Limited (GSECL) has invited bids for 4.5 MW of grid-connected solar projects. A 2.5 MW solar project will be developed at Gandhinagar thermal power station ...
/ / Solar, Tenders & Auctions
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