COP29 summit to propose 1,500 GW energy storage target by 2030

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This year's United Nations-backed climate change conference could adopt a target to increase worldwide energy storage capacity more than sixfold to 1,500 GW by 2030. To achieve thi...

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Energy security in mind, FM spotlights pumped storage, decarbonization and rooftop solar

The Government of India will bring out a policy document on appropriate energy transition pathways that balance the imperatives of employment, growth and environmental sustainabili...

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Scotland evaluates its largest 'water battery': 2 GW pumped storage at Loch Ness

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Scottish developer Glen Earrach Energy Ltd (GEE) has announced plans to develop a 2 GW pumped storage hydro station at Balmacaan Estate in Scotland, and recently submitted its scop...

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EIB approves €4.3 bn in transition funding, including €805 mn for clean power

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The European Investment Bank (EIB) has announced approval for €4.3 billion of new financing to upgrade the region's transport and energy distribution, besides expanding energy stor...

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US DoE announces $72 million to upgrade 46 hydroelectric projects

The US Department of Energy has announced major investments in the country's hydroelectric sector, with funding to upgrade 46 projects across 19 states. In a release, the DoE said ...

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China's RE capacity to overtake coal, industry body asks for battery incentives to speed up additions

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China's installed wind and solar capacity will overtake its coal generation capacity this year, according to forecasts from the China Electricity Council (CEC). The industry body's...

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NLC India launches its green arm, NIGEL

NLC India Ltd, India's public sector company, under the Ministry of Coal has launched its green arm, NLC India Green Energy Limited (NIGEL) with a focus on taking up all renew...

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Quidnet Energy, Energy Reduction Alberta to launch geologic energy storage

Quidnet Energy and Emission Reduction Alberta (ERA) with funding from the Government of Alberta have partnered to develop a geologic energy storage resource in Alberta, u...

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