RWE boosts green investments to €55 billion

German utility eyes renewables portfolio exceeding 65 GW under new investment plan covering 2024 to 2030 Where the money'll flow Solar capacity will rise from 3.9 GW now to 16 GW b...

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UK raises guaranteed prices for RE projects, offshore wind to get 66% more, solar up 30%

The UK has announced increases in the country's guaranteed price renewable energy projects after a review of the country's 'maximum strike price' for such projects. The biggest inc...

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Daily Shorts: Plus Power raises $1.8 bn for battery projects, Rivian CEO calms fears over fund raise, and more

Image Source: Birdwood Energy

Australian pension fund Aware Super, the country's third largest, said it would invest up to A$2 billion ($1.3 billion) in a joint venture with Birdwood Energy to finance smaller-s...

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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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Daily Shorts: Indonesia moves WTO over EU's biodiesel duty, Oxy buys carbon capture company, and more

Image: CarbonEngineering.com

Indonesia has filed a dispute over the European Union's import duties on biodiesel, the WTO announced. The island nation argues that the imposition of countervailing duties — allow...

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Daily Shorts: UK part-funds Ionic's rare earth magnet recycling plant, US small-sale solar additions hit record high, and more

Rare earths metals company LCM will be involved in the Ionic-to-Ford EV recycling chain. Image Courtesy: Less Common Metals

Ionic Rare Earths received an investment of $2 million from the UK government to set up a rare earth magnet recycling facility in Belfast. In a release, the company said it would p...

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Daily Shorts: China prepares to recycle old wind and solar equipment, Ford plans plant in Canada and more

China announced plans to set up a recycling system for old solar panels and wind turbines to manage equipment slated for retirement in the coming years. Multiple state agencies rel...

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Weekend Roundup: India calls for green funds to emerging markets, Dubai picks Masdar for 1800 MW solar capacity

Image: Pexels

The chief of India's central bank has said there was an urgent need for increasing green funds to emerging markets. Making closing remarks at a G20 finance event, Reserve Bank of I...

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Daily Shorts: Maxeon Solar heads to US, Algonquin puts renewables biz on the block

Algonquin has 2.7 GW of wind and solar assets. Image: Pexels

Canadian power company Algonquin Power & Utilities announced it will put its renewables energy unit on the block and transition into a utility company. The company has wind and...

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Weekend Roundup: World Bank to fund 1,000 mini grids in Nigeria, Alberta pauses green approvals

The World Bank will help fund 1,000 solar-based mini grids in Nigeria along with the country's government and private sector, President Ajay Banga said. The bank has funded 150 suc...

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Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove...

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Building a Robust Indian Grid: The Vital Role of PV Inverter FRT Capability

India is on a mission to combat climate change and achieve Sustainable Development Goals by leveraging renewable energy sources for meeting its national energy needs. As per the Na...

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IRENA urges world to look beyond sun and wind to biofuels, hydropower and geothermal energy

IRENA has asked countries to consider alternatives such as biofuels, hydropower (pictured) and geothermal energy. Image: Pexels

The world's energy transition is currently "off-track", the International Renewable Energy Agency (IRENA) warned in its 2023 outlook, even as it sought to funnel renewable energy i...

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India unveils new, solar-centered electricity tariff from April 2024, says carbon market rules soon

India plans to rework electricity rates as part of the government's efforts to increase the use of renewable energy, the power ministry said, unveiling new amendments to electricit...

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Aquila eyes battery storage business in Japan, plans bigger solar footprint

German investor Aquila Capital is looking to expand its solar footprint in Japan and add a battery storage business in the Land of the Rising Sun. "We started with the first acquis...

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US govt proposes 80 percent cut in solar, wind project fees on federal land

The US land agency is currently processing 74 renewable energy and transmission applications with a combined potential of over 37 GW. Image: Pexels

The US government is proposing to make wind and solar installations cheaper as part of its plans to boost renewable energy and fight climate change. The Biden administration has pr...

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IESW 2023: Microgrids find favor across the world

The 9th IESW has two technical sessions running in parallel, the Track 2 session on Global Microgrid Collaboration started off with presentations in which speakers outlined the imp...

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Paired Power unveils new solar canopy for fast, modular EV charging without grid interconnection delay

With recent reports indicating the United States needs 20 times more electric vehicle (EV) charging stations than what's available today, Paired Power has announced the launch of i...

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Oxford physicist Henry Snaith bags 2021 Leigh Ann Conn Prize for RE

Henry Snaith, professor of physics at the University of Oxford and co-founder and chief scientific officer of Oxford PV, has won the 2021 Leigh Ann Conn Prize for Renewable Energy ...

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Heliogen and Dimensional Energy partner for SAF from concentrated sunlight and green H2

Heliogen, Inc. has announced it has entered into a letter of intent ("LOI") with Dimensional Energy, a sustainable fuels company, to jointly produce sustainable aviation fuel ("SAF...

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ReNew Power, DCM Shriram ink PPA for 50 MW hybrid wind-solar projects in Gujarat

DCM Shriram Ltd and ReNew Power have announced the signing of two Captive Power Agreements (CPAs) to supply 50 MW of renewable energy from ReNews' two upcoming projects in Gujarat'...

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Wallbox, Svea Solar join forces to integrate solar and EV charging in Europe

EV charging and energy management solutions for electric vehicles provider Wallbox N.V. and Svea Solar have announced a new partnership. Wallbox will be the main EV-charging soluti...

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India added RE capacity worth 15.4 GW in 2021, ranks 3rd after China, US: REN21 report

India added around 15.4 gigawatts (GW) of renewable energy capacity in 2021, the third-highest after China (136 GW) and the US (43 GW), in line with a world-standing report launche...

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Premier Energies Group, Azure Power ink solar supply pact worth Rs. 4000 crores

Premier Energies Group has announced that it has entered into a strategic alliance with Azure Power Global Limited, an independent sustainable energy solutions provider and renewab...

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Tata Power Solar commissions landmark 450MWDC EPC project for Brookfield Renewable India in Rajasthan

Tata Power Solar has announced that it has commissioned a 450 MWDC capacity solar pant for Brookfield Renewable India. The installation entails the setup of over 800,000 modules an...

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Maruti Suzuki installs Asia’s largest carport type 20 MWp solar plant at Manesar facility

Maruti Suzuki India Limited has announced that it has set up a 20 MWp1 solar power plant at its Manesar facility to ensure the maximum utilization of renewable energy in its operat...

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AlphaESS, Maxeon Solar Tech partner for advanced solar-plus-storage optimization tech

Maxeon Solar Technologies, Ltd. has announced a global strategic partnership to develop integrated clean energy solutions for residential customers. The partnership combines AlphaE...

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BOOSTing generation performance & revenues of storage assets

As more storage assets come online, the ability to optimize asset performance and strategically schedule and bid energy and regulation will become increasingly valuable, driving st...

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Tata Motors, Tata Power ink PPA to install 7 MWp solar rooftop project in Pune

Tata Power and Tata Motors have announced that they have joined hands for the development of a 7 MWp solar rooftop project at Tata Motors' Passenger Vehicle Plant in Chikhali, Pune...

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ISA ink MoU with Japan’s JICA, JBIC & NEDO for solar energy development

A Memorandum of Cooperation was signed between the Government of Japan, Japan Bank for International Cooperation (JBIC), Japan International Cooperation Agency (JICA), the New Ener...

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