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Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation

According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […]

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Eolian Gets $925 Million Renewable Energy Financing

Global Infrastructure Partners’ (GIP) portfolio company Eolian has announced the closing of a $925 million renewable energy financing. Eolian announced it in collaboration with Banco Santander, Natixis, MUFG and Mizuho. The official statement of the Eolian said that the structured transaction will further advance multiple strategies already underway as the Eolian team rapidly accelerates the […]

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America’s Renewable Energy Project Completions Stumble

The Global Marketing Intelligence (GMI) platform of Industrial Info Resources (IIR) has found that the renewable power projects in the United States of America have slowed in the near past due to several reasons. It has said that various factors like the COVID-19 pandemic, supply-chain problems, lack of skilled workers, tariffs on imported materials and […]

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European Commission Ponders Hiking Renewable Energy Target To 45% By 2030

The Ukraine-Russia conflict, and the vagaries of climate change might just have nudged the European Commission when it comes to its renewable energy targets. The European Commission is analyzing if the Union can achieve a higher aim of having 45% of its energy coming from renewable sources by 2030. Currently the European Commission has proposed […]

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Offer Marketing Manager – Solar/Renewable Energy

You will lead the marketing function for a product family that relates to solar and energy storage solutions for residential and off-grid market sold globally through distribution channels and projects in a rapidly growing industry. The key responsibilities would be to champion the understanding of the global market for the offer segment, review and develop […]

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NeuConnect Undersea Project to Link Energy Markets of Germany and UK

The NeuConnect Project, which will create the first interconnector or direct power link between Germany and Great Britain, connecting two of Europe’s largest energy markets is making a move as contracts of £1.5 billion have been awarded by its consortium for the development of undersea link for electricity transmission between Europe’s two largest economies – […]

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Portugal’s floating solar energy auction sets world record negative price

Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […]

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Karnataka Renewable Energy Policy Approved By State Cabinet

The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […]

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U.S. energy storage market sets Q4 record for new installations: WoodMac

The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […]

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