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

Image: Pexels

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...

Read More

Prevalon Energy secures contract for BESS project from Idaho Power

Prevalon Energy LLC (Prevalon Energy) a wholly owned subsidiary of Mitsubishi Power Americas (Mitsubishi Power) announced that it has secured a new contract from Idaho Power for an...

Read More

Siemens Energy's $150 mn transformer plant could help US clear renewables' connectivity backlog

A Siemens large transformer. Custom built and critical to power T&D, they are usually the size of a school bus. Image: Siemens

German power equipment company Siemens Energy announced it would invest $150 million in the US to set up a new transformer facility in Charlotte, North Carolina. Construction will ...

Read More

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...

Read More

Xcel Energy to build multi-day battery storage project using Form Energy's iron-air batteries

Image for representation purposes only.

Minnesota-based electric utility, Xcel Energy on Thursday (July 6) announced that it has received approval from the state regulators to build a multi-day battery storage system to ...

Read More

Energy storage to be a part of Renewable Purchase Obligation: R K Singh

In a key announcement for the energy storage sector in India, R.K. Singh, the Union Minister of Power and New and Renewable Energy announced that energy storage syst...

Read More

World Bank provides $465M for energy access in West Africa

The World Bank (WB) Group has approved new Regional Electricity Access and Battery-Energy Storage Technologies (BEST) Project for a total amount of $465 million aimed at expanding ...

Read More
arrow_upward