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... Read More

Daily Shorts: US renewable projects run into 3-year transformer wait, VW promises cheap EV, and more

America's power sector is grappling with a transformer shortage. US renewable energy project developers who are setting up grid-scale RE and energy storage systems say critical com... Read More

Daily Shorts: Snam plans H2 pipeline, esVolta gets $170 mn for California energy storage, and more

First Citizens Bank announced it served as the lead agent on a $170 million credit facility extended to esVolta, a company that develops, owns and operates utility-scale battery en... Read More

Daily Shorts: Fonterra to cut farm emissions, Oxy wants to licence its carbon capture technology, and more

Fonterra, the world's largest dairy exporter, said it would reduce farm emissions by 30 percent by 2030, largely by improving farm practices, deploying novel technologies, and plan... Read More

CATL, Quinbrook sign pact for deploying 10GWh+ of stationary energy storage

Battery giant, Contemporary Amperex Technology Co., Ltd (CATL) has signed a Global Framework Agreement with renewable energy developer, Quinbrook to deploy more than 10 GWh of its ... Read More

Sungrow to deliver 100MW/330MWh BESS for Penso Power’s energy storage project in the UK

Leading solar PV and energy storage system provider, Sungrow has entered into an agreement with Penso Power and BW ESS to deliver a battery energy storage system (BESS) for Penso P... Read More

Daily Shorts: Singapore’s Sembcorp eyes 25 GW RE capacity by 2028, Orsted cancels projects due to ship shortage, and more

Danish wind developer Orsted has cancelled two offshore projects off the coast of New Jersey, but that had less to do with margin squeeze and more to do with supply side bottleneck... Read More

COP28: Key points that will dominate the global climate talks

With less than a month to go for the 28th session of the Conference of Parties (COP28) to the United Nations Framework for Climate Change (UNFCC), global voices calling for acceler... Read More

International Solar Alliance increases viability gap funding from 10% to 35% of the solar project cost

The viability gap funding for solar projects in developing countries will be increased from 10% to 35% of the project cost, said R K Singh, Union Minister for New and Renewable Ene... Read More

Daily Shorts: Portugal readies offshore wind auction, Thailand crops EV subsidy, and more

Thailand has approved a new subsidy package for the country's booming electric vehicle industry, but decreased individual subsidy amount by 33 percent, citing strong momentum in th... Read More
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