Recurrent Energy secures $500 mn for Arizona's largest battery: 300 MW / 1,200 MWh

Image: Shutterstock

Renewables developer Recurrent Energy has secured $500 million in financing to develop a battery storage project in Arizona. The Papago Storage project will set up a 1,200 MWh batt...

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South Korea unveils energy transition plan: 3x increase in wind, solar to 72 GW by 2038

Image: Shutterstock

South Korea has announced plans to more than triple renewable energy generation as part of national energy transition plan that will see the country generate majority of its electr...

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Scientists demonstrate two new battery chemistries: water and calcium

The calcium-oxygen battery developed by scientists at China's Fudan University is stable in air and can be made into flexible fibres to produce next-generation wearables. Photo: Fudan University

Scientific teams working in Australia and China have demonstrated two new battery chemistries that could supplant lithium-ion batteries in the coming years, thus overcoming the pos...

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Understanding the US’s massive hydrogen 'battery', coming up in Utah

Screenshot Courtesy: IPAUtah

Power companies in the USA, including oil major Chevron, are readying a massive hydrogen battery in the state of Utah. Two large salt caverns are being emptied – their salt dissolv...

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Green progress: Germany’s CO2 emissions fall to 1950s levels after RE dominates energy mix

Germany's carbon dioxide emissions fell to their lowest in 70 years in 2023, touching levels last seen in the 1950s, the think tank Agora Energiewende announced. This was largely d...

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Daily Shorts: Albemarle scraps Liontown purchase, E.ON risks falling behind RE transition, and more

Image: Pexels

US lithium miner Albemarle withdrew its proposal to acquire Australia's Liontown Resources for A$6.6 billion, citing "growing complexities" over the deal. Following the announcemen...

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Daily Shorts: Lyten raises $200 in Series B, Amazon buys credits for direct air capture

Image: Stellantis

Battery startup Lyten, Inc, announced it had raised $200 million in funding aimed at helping it scale up manufacturing and commercialize its first three product lines: Lithium-Sulf...

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Weekend Roundup: Oil India's clean energy spends, PetroChina buys EV charging company, and more

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The Summit Group of Bangladesh announced it would invest $3 billion in solar, wind and hydroelectricity generation projects across the subcontinent as part of its clean energy push...

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Daily Shorts: Repsol buys ConnectGen in RE pivot, IT honcho will ship solar power from Australia to Singapore, and more

Source: Sun Cable

Spanish energy company Repsol acquired US renewable energy developer ConnectGen for $768 million, as part of the oil company's plan to pivot from fossil fuels to renewables. The an...

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World Bank names 15 global CEO to funnel investment into renewables

The World Bank named 15 global chief executive officers — including Tata Sons' N Chandrasekaran — to a special group dubbed the "Private Sector Investment Lab" to funnel more priva...

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Australian state eyes 100 percent renewables grid in 10 years

Transgrid outlined a $16.5 billion investment proposal: $14 billion in new transmission infrastructure, another $2.2 billion in new system security infrastructure and $300 million in new operational tools and adding specialist, trained employees. Image: Pexels

Australia's most populus state could have a 100 renewable energy-based grid within 10 years, the state's power transmission company said. Transgrid, operator of the electricity tra...

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Coal plays spoiler in EU clean power deal

Chart courtesy: International Energy Agency

Chart Europe's plans for a clean energy pact appeared to stall on Monday after a late proposal to allow governments to extend subsidies to coal-fired power plants. Energy ministers...

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Global solar and wind capacity needs 5x jump to 10 TW by 2030, says Climate Analytics

Climate Analytics sees only a marginal role for fossil fuel CCS, which would make up only 0.1 percent of global electricity generation in 2030. Image: Pexels

Global solar and wind capacity needs to touch 10 terawatts (TW) by 2030 from 2 TW now if the world is to avoid a climate cliff, according to Climate Analytics. The report by the cl...

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World Bank president says private funds should aid energy transition

The World Bank's newly-appointed president Ajay Banga has lauded improvements in the renewable fuels space, and said private investment could help countries transition to clea...

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World will add record 107 GW of renewables capacity this year, says IEA

Global renewable power capacity is expected to jump 107 gigawatts (GW) – the largest absolute increase ever – to over 440 GW this year, according to the International Energy Agency...

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India might halve import tax on solar panels, rollback GST

India might halve the import tax on solar panels and rollback the GST rate on the devices because of a shortage in domestic production, Reuters reports in an exclusive, citing thre...

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