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Energy Transition

U.S. energy storage market grew 127% year-over-year: GTM Research

GTM Research and ESA released latest U.S. Energy Storage Monitor report which found that U.S. energy storage market grew 127% year-over-year, but down 84 percent from the historic fourth quarter of 2015.U.S. deployed 18.3 megawatts (21.2 megawatt-hours) of energy storage in the first quarter of 2016. The first quarter continued the trend of relatively slow […]

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FY25: Adani New Enterprises Profit Jumps 73%, Module Sales Up 59%

Adani Enterprises Ltd (AEL), the business arm of the Adani Group reported a 63% YoY year-on-year increase in total income to Rs. 14,236 Cr. from Rs. 8,741 Cr in the previous year. Where as, the company’s profit before tax (PBT) rose to ₹3,958 crore in FY25 for the financial year ended March 31, 2025, up […]

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Waaree Renewables Boasts Of 3.2 GW Of Order Book

Waaree Renewable Technologies claimed that its unexecuted order book had grown to 3.2 gigawatts peak (GWp), up from 2.3 GW at the start of the fiscal year, as the listed engineering, procurement and construction (EPC) firm continues to expand its footprint in India’s rapidly evolving clean energy sector. “We started the year with an unexecuted […]

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ALTÉRRA Makes $100mn Debut Investment In India’s Evren

ALTÉRRA, one of the world’s largest private climate investment vehicles, has announced its first co-investment, committing $100 million to Indian renewable energy company Evren. The investment, made through the ALTÉRRA Acceleration Fund, marks the fund’s first direct investment in the Global South. It aims to accelerate clean energy deployment in partnership with Brookfield Asset Management […]

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BW ESS, Ingrid Ink SEK 628 Mn Loan For 211 MW BESS Project In Sweden

BW ESS has secured a SEK 628m green loan agreement with Nordea Bank for its 211MW/211MWh portfolio of operational battery storage assets in Sweden, owned in partnership with Ingrid Capacity.  The transaction is BW ESS’ first external financing and is understood to be one of the largest battery energy storage system (BESS) financing in the […]

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25% Of US Clean-Tech Funds At Risk Of Repeal Under Trump: Report

In the United States (US) 76% of global clean-tech factory investment in 2024 supported manufacturing in mainland China, far surpassing other markets despite efforts by governments to promote “onshoring” and “friendshoring”, said BloombergNEF’s (BNEF) Energy Transition Supply Chains 2025 report. The BNEF report said the United States remained a leading provider of manufacturing subsidies, but […]

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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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Rahul Walawalkar Bids Adieu To IESA, launches NETRA

Rahul Walawalkar, synonymous with IESA or the Indian Energy Storage Alliance for years has launched Net Zero Energy Transition Alliance (NETRA) – A Global Alliance Accelerating the Net-Zero Energy Transition. Based in the US, NETRA seeks to be a global, industry-led nonprofit committed to accelerating the commercialization and manufacturing scale-up of technologies critical to achieving […]

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Suzlon Wins 378 MW Order From NGEL, Pact Grows To 1.544 GW

Suzlon Group has secured a 378 MW wind project order from NTPC Green Energy Ltd (NGEL), expanding its total partnership capacity with the public sector utility to 1,544 MW. The win comes even as a key Industry body has predicted additions of 6-7 GW in wind capacity in Fy 26 for India. This marks Suzlon’s […]

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