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alternative energy

Energy Storage to Accelerate Global Energy Transition: WoodMac

The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […]

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Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020

Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […]

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Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn

Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […]

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Renewable Energy Certificates Sales Down 10% in December

Sales of Renewable Energy Certificates fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh yoy due to lower supply Sales of Renewable Energy Certificates (REC) fell around 10 percent to 5.04 lakh units in December as compared to 5.59 lakh in the same month a year ago due to lower supply, according to official data […]

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US Renewable Energy Consumption to Increase 4% Annually

The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report by the Freedonia Focus Reports The consumption of renewable energy is set to increase by 4 percent annually in volume terms through 2024, according to a new report. Renewable Energy: United States, […]

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AEP Energy Seeking Wind and Solar Energy in PJM

AEP Energy Partners is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company, is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. PJM is a regional transmission organisation (RTO) that […]

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GCL and Powin Energy JV to Deliver Energy Storage Solutions

GCL SI and Powin Energy have announced a JV, G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. GCL System Integration (GCL SI) and Powin Energy have announced a joint venture (JV), branded as G-Powin Energy Solution, to expand their energy storage business in the Asia-Pacific region. “GCL SI has supplied over 18 GW of […]

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Pakistan Signs Deal for 560 MW of new Wind Energy Capacity

Pakistan through its AEDB has signed implementation agreements with 11 wind IPPs for 560 MW of new wind energy capacity to serve the Pakistan grid. In the efforts to achieve greater energy security, the Government of Pakistan through it’s Alternative Energy Development Board (AEDB) has signed implementation agreements and guarantees direct agreements with 11 wind […]

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US DOE Grants $28 Million For Wind Energy R&D

The US DOE has announced the selection of 13 projects to receive a total of USD 28 million to advance R&D in wind energy nationwide. The US Department of Energy (DOE) has announced the selection of 13 projects to receive a total of USD 28 million to advance research and development (R&D) in wind energy […]

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