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Energy Transition

GIGA Storage Enters Germany with 1,400 MWh Battery Project

Dutch battery energy storage developer GIGA Storage has entered the Germany market with the acquisition of Project Albatross, a 350 MW / 1,400 MWh large-scale battery energy storage system (BESS). The project was originally developed by Germany based Isenau Projects, a specialist in utility-scale energy storage systems, from initial concept through to construction readiness. Situated […]

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Geothermal Investment Surges 85% in Q1: Wood Mackenzie

Investment in North America’s geothermal sector surged to a record US$1.7 billion in the first quarter of 2025, marking an 85% increase over the full-year total for 2024, driven by breakthrough technologies that expand geothermal potential beyond traditional locations, Wood Mackenzie said in a report on Monday. The energy consultancy’s latest Geothermal Market Update highlights […]

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NTPC Fully Commissions 220 MW Shajapur Solar Project in MP

NTPC Renewable Energy Ltd has successfully commissioned the full 220 MW capacity of its Shajapur Solar Project (Unit-II) in Madhya Pradesh. The final phase, comprising 120 MW, was declared commercially operational on 29 June 2025, as confirmed through a regulatory filing. The project was executed by NTPC Renewable Energy, a wholly-owned subsidiary of NTPC Green […]

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India’s 1st Variable Speed PSP To Supply Clean Power To Gujarat

In a significant boost to India’s clean energy infrastructure, THDC India Ltd (THDCIL) has signed a Memorandum of Understanding (MoU) and Power Purchase Agreement (PPA) with the Government of Gujarat and Gujarat Urja Vikas Nigam Ltd (GUVNL) for the supply of 184.08 megawatts (MW) of green power from the Tehri Pumped Storage Plant (PSP) in […]

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Premier Energies Eyes BESS, Inverter Biz To Diversify Growth

Indian solar cell and module manufacturer Premier Energies is venturing into battery energy storage systems (BESS) and the inverter business, as it looks to diversify its clean energy portfolio and boost profitability, top executives said during the company’s latest investor call. The firm, which has launched an ambitious “Mission 2028” to build a fully integrated […]

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Enfinity Expands US Credit Facility To Back 22 GW RE Projects

Enfinity Global Inc, a renewable energy company, said it has expanded its structured credit facility in the United States to $245 million as part of a broader financing strategy to support its 22 gigawatt (GW) pipeline of solar and energy storage projects. The asset-based facility, initially signed in July 2024 for $97 million, was led […]

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Genset Firm Cummins India Expands Portfolio with BESS Technology

Cummins India – known for its diesel and gas gensets – has officially launched its Battery Energy Storage Systems (BESS). The announcement comes under Cummins’ global “Destination Zero” strategy, which focuses on achieving carbon neutrality and expanding the company’s low-emission offerings. BESS is emerging as a reliable and efficient technology to address the energy transition […]

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Moldova’s First Green Tender Draws €190 Mn for 165 MW Wind, Solar Project

Moldova debuted one of the first green energy tenders in 2025, recording €190 Mn in onshore wind power plants with a capacity of 105 MW and photovoltaic plants with 60 MW. So far, the Republic of Moldova’s renewable energy production in 2024 has doubled compared to the previous year. This marks significant progress in the […]

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Wind, Solar Grow 16%, But Fossil Fuel Use Persists: Report

Global CO₂-equivalent emissions from energy rose 1% in 2024, marking a fourth consecutive annual record, the Energy Institute (EI) said. The increase came in a year when average temperatures consistently breached the 1.5°C global warming threshold. The 74th edition of EI’s Statistical Review of World Energy, developed with Kearney and KPMG, offers a comprehensive overview […]

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