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renewable energy investment

Brazil’s Renewable Curtailment to Average 8%; Needs BESS Fix: Finds Study

Brazil’s power sector is poised to add 76 GW of new solar and onshore wind capacity through 2035, driven by transmission and distribution tariff discounts, says Wood Mackenzie’s latest analysis.  Whereas, the distributed solar installations are projected to grow at a 5.5% compound annual growth rate (CAGR), according to Wood Mackenzie analysis. Despite this substantial […]

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GCF, ADB Launch $200 Mn Green Energy Facility in India

The Green Climate Fund (GCF), a climate fund to support developing countries in their efforts to combat climate change, has approved $200 million for a new Asian Development Bank (ADB)-led program. Sharing the goals of this program, ADB said, this program aims to unlock large-scale public and private investment in high-impact and emerging clean energy […]

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Grid-Forming Tech Key To Powering $5 Tr Renewable Expansion: WoodMac

Battery energy storage systems (BESS) will require $1.2 trillion in investments to support more than 5,900 GW of new wind and solar capacity installations globally through 2034, research firm Wood Mackenzie said. The research firm said grid-forming (GFM) technology should be deployed to help achieve the projected $5 trillion expansion in global renewable energy capacity. […]

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Solis Seminar On C&I PV Energy Storage Solutions

Background With the transformation of the global energy structure and the rapid development of renewable energy, clean energy + storage has become a key technology — gradually emerging as a primary solution for balancing energy supply and demand and improving overall energy efficiency. As one of the most important application scenarios for energy storage, commercial […]

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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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Meta, Invenergy Expand Partnership with 791 MW Clean Energy Deal

Meta has signed four new contracts with renewable energy developer Invenergy to procure an additional 791 MW of solar and wind capacity, ramping up its clean energy sourcing amid rising electricity needs from AI-powered data centres. The agreements, finalised in 2024, follow Meta’s earlier 760 MW procurement from Invenergy, taking the total contracted renewable energy […]

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Arevon Expands US Energy Storage Portfolio with 200 MW Project

Arevon Energy has commenced commercial operations of its Peregrine Energy Storage Project, a major utility-scale battery facility located in San Diego’s Barrio Logan neighbourhood, California. The project adds 200 MW / 400 MWh of energy storage capacity to the grid and stands as Arevon’s fifth operational battery storage asset in the state. The Peregrine project, […]

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JSW Energy Signs PPA with NHPC for 300 MW Hybrid RE Project

JSW Energy, through its step-down subsidiary Energizent Power Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with NHPC Limited for a 300 MW of solar-wind hybrid power. The power will be supplied at a fixed tariff of Rs 3.49 per unit. The project will be connected to the inter-state transmission system (ISTS). The […]

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ACEN, UPC Renewables Start Solar, Wind Projects in India

Philippines-based ACEN, in partnership with UPC Renewables, has begun construction of two large-scale renewable energy projects in India—a 420 MW solar farm in Rajasthan and a 120 MW wind farm in Karnataka—as part of its continued expansion in one of the world’s fastest-growing clean energy markets. The projects, scheduled for completion by early 2027, are […]

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