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renewable energy

5 MWh Vanadium Flow Battery Activated In UK By Invinity Energy

Invinity Energy Systems, the flow battery firm has joined developer Pivot Power (Part of EDF Renewables), to complete the storage component of the Energy Superhub Oxford (ESO) project. The project combines a 50 MWh lithium ion battery storage system (from Wartsila) with a 5 MWh vanadium flow battery from Invinity Energy. The lithium battery was []

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Octopus Energy, Sterlite Power Sign MOU For Green Power Systems

UK based  1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding []

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Wind Energy Fight Escalates, As Europe Imposes Tariffs On Chinese Steel Turbine Towers

Europes focus on protecting its lead in Wind Energy sector, especially offshore wind in recent times, has just escalated with the European Commission imposing tariffs of upto 19.2% on China-origin steel wind turbine towers. According to the EU statement, it found that Chinese firms had dumped about 300 million euros ($337 million) a year worth []

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AES Acquires Community Solar, Adds 10 GW Renewable Pipeline

US energy firm AES Corporation has announced the acquisition of leading US solar developer, Community Energy Solar, LLC (Community Energy). AES has signed PPAs to deliver 4 GW of renewables in the US this year and the acquisition of Community Energy will further bolster the Companys future expansion efforts with a strong pipeline and skilled []

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NHPC Planning Clean Energy Projects of 27 GW in 9 States, Nepal: CMD

State-owned NHPC has plans to set up new hydro and solar projects of more than 27,000 MW capacity in nine states and neighbouring country Nepal, the companys CMD Abhay Kumar Singh has said. The new capacities would come up in Uttar Pradesh, Bihar, Odisha, Rajasthan, Tamil Nadu, Kerala, Maharashtra, Andhra Pradesh and Odisha, Singh told []

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NTPC Receives Acknowledgement from UN for its commitment towards clean Energy

NTPC Ltd, Indias largest integrated energy company received a letter of appreciation from Ms. Damilola Ogunbiyi, Special Representative of the Secretary-General for Sustainable Energy for All and UN-Energy Co-Chair, for its efforts and commitments towards the process of Energy Compact. In the letter UN-Energy has acknowledged the commitment of NTPC towards clean energy and welcomed []

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Ayana Renewable Acquires 250MW Solar Assets from ACME in Rajasthan

ACME Solar Holdings Private Ltd will divest 100% equity stake in its 250 MWac solar PV power plants, located in Rajasthan, to Bengaluru-based renewable energy platform Ayana Renewable Power Private Ltd, following the signing of a new deal between the two companies. With this transaction with ACME, Ayana, which is majority controlled by the National []

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Renewables Financing Gaining At Coals Expense In India, Says Report

As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, Indias story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in []

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Shell Acquires Solar And Energy Storage Developer Savion

Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquaries Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. Savions significant asset pipeline, highly []

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