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Macquarie to Sell UK C&I Smart Meter Portfolio to Energy Assets Group

Macquarie Specialised and Asset Finance (Macquarie) – part of Macquarie’s Commodities and Global Markets Group – has successfully divested Cortex Metering Solutions (CMS), a UK industrial and commercial (I&C) smart meter portfolio, to Energy Assets Group (Energy Assets). With more than 600,000 meters rented to more than 80 energy suppliers throughout Great Britain (GB), CMS […]

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ARENA asks Luceo Energy to Help Increase DER in Low Voltage Networks

Queensland energy data company, Luceo Energy, has been tasked with providing a solution to distribution network service providers (DNSPs) to help them smoothly manage distributed energy resources (DER) within low voltage networks, by the Australian government. For this purpose, the Australian Renewable Energy Agency (ARENA) has extended $2.6 million in funding to the Brisbane-based clean-tech innovator. The allocation […]

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SerEnergy Launches 4th Gen Methanol Fuel Cell, SereneU

Danish firm SerEnergy, a  methanol based fuel cell solutions firm has announced the launch of its 4th generation of fuel cell units, called SereneU. The new generation introduces many advantages, such as longer lifetime, less service and maintenances, and improved total cost of ownership. Methanol-based Fuel Cells: A unique Technology for Sustainable Energy Generation SerEnergy […]

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Statkraft Completes Second Irish Energy Storage Project

The Norwegian utility entered a contract with EirGrid and has commenced providing reserves to the national electricity grid in the event of a sudden drop-off in supply. Statkraft Ireland Managing Director, Kevin O’Donovan said “we are delighted to have completed construction of our second battery project just one year after we energised Kilathmoy, the first […]

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Could Deep Shaft Mines Get a Second Life As Energy Storage Sources?

Finding a way to extend or wring some positives out of abandoned or exhausted mines, particularly deep shaft mines, has become a new challenge for many stakeholders. Startups like Gravitricity have got close to building a business out of using them for energy storage, for instance. Now Centennial, an Australian mining company which is a […]

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Ather Energy Brings Online First Batch of Charging Points in Mumbai Network

Bengaluru-based EV two-wheeler startup Ather Energy has announced the setting up of its fast charging network Ather Grid in Mumbai. Working in collaboration with startup Park+, the firm has already brought online 10 charging points across various key locations in the city with a further 30 such points expected by next year. In a press statement, the firm stated […]

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Improving Data Exchange Between Wind Farms and Power System key to Cost-Effective Energy Transition

With increasing shares of distributed energy, seamless data exchange between power generation assets and grid operators is central to a cost effective management of the energy system. Clear guidance at EU level and consistent implementation at national level can reduce system operation costs. And they can make the EU power system more secure and reliable. […]

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Adani Green Completes Rs 133 crore Spinel Energy Buyout

Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […]

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Global Wind Energy Growth Must Triple by 2030 to Achieve Net-Zero: GWEC

2020 was the best year in history for global wind industry, but a new report warns that this growth is not enough to achieve net-zero by 2050 2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 percent year-on-year increase – but a […]

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