Daily Shorts: Indonesia rolls out red carpet for EV makers, Brazil's Eletrobras to buy 15 RE companies

Indonesia is in talks with Tesla and BYD and preparing a fresh set of incentives to attract the EV manufacturers, a government minister said. The incentives will be benchmarked aga... Read More

Ambri's liquid metal battery steps closer to commercial deployment

US-based long duration energy storage provider, Ambri signed its first agreement with utility-provider Xcel Energy – taking a step closer to the commercial deployment of ... Read More

Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh... Read More

Energy Dome secures €55 million in Series B financing round

Energy Dome, the manufacturer of novel CO2 Battery for long-duration energy storage system concluded its second tranche of Series B funding last week, bringing the total investment... Read More

Green Finance: ACME Group gets Rs. 4000 Cr. for its green hydrogen project in Oman

Diversified renewable energy company, ACME Group announced it has secured a loan of Rs 4,000 crore ($40 billion) from Rural Electrification Corporation (REC) Limited, one of I... Read More

If you are not investing in India’s energy sector, you are losing out: R K Singh

India's energy sector is booming and if you are not investing in it, you are losing out, said R K Singh, the Union Minister of Power, and New and Renewable Energy speaking at the&n... Read More

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... Read More

Daily Shorts: Vattenfall abandons UK offshore wind project, Air Canada eyes greener fuels and more

Sweden's Vattenfall said it would cease development of a 1.4 gigawatt GW wind farm off the coast of Britain, taking a hit of $537 million on earnings. The Norfolk Boreas offshore w... Read More

Queensland’s grid-scale battery ‘Big Bessie’ goes live

Genex Power's (Genex) Bouldercombe Battery Project has come online outside Rockhampton in Queensland, Australia. With a capacity of 50MW and 100MWh of storage, the Boulde... Read More

RE will exceed 33 percent of global power next year, India's consumption growth to slow

India's energy consumption will grow at a slower rate over the coming years, estimates from the International Energy Agency suggest. Demand growth is expected to result from an inc... Read More
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