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energ transition

Energy Modeling Platform PLEXOS Signs Up Tata Power In India

Australia based Energy Exemplar, a developer of the PLEXOS modeling platform, has signed a one-year deal with Tata Power Ltd, India’s largest integrated power company, which will use the platform to optimize its power portfolio and undertake round-the-clock renewable energy modeling in a one-year deal. Formerly called Drayton Analytics, Energy Exemplar calls PLEXOS the mot […]

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Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy

Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […]

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Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited

Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […]

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Tata Power Renewable Energy Ltd & Dugar Power Partner for Nepal’s Renewable Energy

Tata Power Renewable Energy Limited (TPREL), a subsidiary of the Tata Power Company Limited and a leading renewable energy player in India, has signed an agreement with Dugar Power Private Limited (Dugar Power), a subsidiary of Dugar Group- a prominent business house in Nepal. The agreement is designed to cater to Nepal’s diverse energy requirements, […]

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EIB’s €200 Million Loan To CTP To Finance Its Ambitious Solar Energy Roll-Out

European renewable energy conglomerate CTP has announced that it has secured €200 million in financing from the European Investment Bank (EIB) for the roll-out of its large-scale programme of solar panel installation across its European business park portfolio. CTP is Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable […]

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IESA along with Global Alliances to Host World Energy Storage Day Global Virtual Conference & Expo 2023

Every year, on September 22, World Energy Storage Day (WESD) is commemorated to recognise the advancement of energy storage, which is at the forefront of the clean energy transition for both the transportation sector and the electric grid (www.energystorageday.org). India Energy Storage Alliance (IESA) along with the world’s major global alliances is set to host […]

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Sungrow in 60MW/132MWh Energy Storage Partnership in Chile

Inverter firm Sungrow has joined hands with Investment Fund WEG-4. Under the agreement, Sungrow will supply 60MW/132MWh of its liquid cooled energy storage system (ESS) solution, the PowerTitan to Chile. The project is established within Maria Elena Solar Park of 72.8 MW capacity in Antofagasta, Chile, which was commissioned in 2015. Following the operation of […]

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Matrix Renewables & RPlus Energies Launch 200 MW Pleasant Valley Solar Project

Renewable energy platform Matrix Renewables and RPlus Energies, a diversified renewable energy development firm, have launched Pleasant Valley Solar, a 200MWac/261MWdc solar project in Idaho’s Ada County.  Once the solar facility starts operating, the project will be the largest solar facility in Idaho Power’s service territory. The power generated will be injected into the same […]

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Energy Storage in Focus in US as Multiple Firms Secure Support

The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […]

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