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Greenbacker Acquires Energy Storage System Portfolio From Stem

Greenbacker Renewable Energy has purchased the rights to a 7.9MW /16.5MWh portfolio of 16 operating and to-be-constructed energy storage systems from Stem Greenbacker Renewable Energy Company has announced that on June 9, 2020, through a wholly-owned subsidiary, it purchased the rights to Pacifica Storage LLC, a 7.9MW / 16.5MWh portfolio of sixteen operating and to-be-constructed […]

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Xcel Energy Proposes $3 Bn in Energy Investments in Minnesota

Minneapolis based Utility Xcel Energy has announced its proposal for one of the largest packages of energy investments in Minnesota Xcel Energy, a utility holding company serving more than 3.3 million electric customers, has announced its proposal for the one of the largest packages of energy investments in Minnesota’s history, as part of its response […]

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Sunrun Partners up to Demonstrate use of Home Batteries as Grid Resources

Sunrun has partnered up with two major utilities in California and NY to demonstrate the use of home batteries as grid resources or virtual storage plants Sunrun, a leading US home solar, battery storage and energy services company, has partnered up with two major utilities in California and New York to demonstrate the use of […]

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EV Sales Rise with Implementation of Stringent Emission Norms: Frost & Sullivan

EV sales will be driven by the implementation of stringent emission norms across countries and global policies favouring the adoption of electric vehicles Frost & Sullivan’s recent analysis, Global Electric Vehicle Market Outlook, 2020, finds that the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, which are estimated to stand somewhere between ±9 percent in […]

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EESL Plans to Invest £150 Mn in UK and Ireland Power Market in 2020

EESL has plans to invest around GBP 150 million over the course of this year in the UK and Ireland market, as part of its UK JV EnergyPro Assets Limited India’s Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has plans to invest around GBP 150 million over the […]

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Renewables Contributed Largest Increase in Energy Terms on Record in 2019: BP

BP plc has issued its Statistical Review of World Energy, revealing that renewables contributed their largest increase in energy terms on record during 2019 BP plc, a multinational oil and gas company headquartered in London, has issued its 69th annual edition of the bp Statistical Review of World Energy (bp Stats Review). The report found […]

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GE, COBOD, LafargeHolcim Partner to Co-Develop Record 200 m Tall Wind Turbines

USD 15 billion wind energy giant GE Renewable Energy, COBOD and LafargeHolcim have entered into a partnership to co-develop wind turbines having record heights up to 200 meters with optimized 3D printed concrete bases. The COBOD International is a leading 3D construction printing company, supplying this technology to its customers in Asia, the Middle East, […]

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Vestas Bags 48 MW EPC Intertidal Contract from REE Corporation in Vietnam

Danish wind turbine major Vestas has secured its second full Engineering Procurement Construction (EPC) contract in Vietnam with a 48 MW Tra Vinh V1-3 project from Vietnamese publicly listed company REE Corporation. As per the deal, the onshore wind major will provide a full turnkey solution with delivery, installation and commissioning of 12 x V150-4.2 […]

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SC Cancels Green Energy Association Appeal on CERC’s REC Price Revision

The apex court has dismissed the application of Green Energy Association (GEA) seeking a stay on price revision of REC (Renewable Energy Certificates) by power sector regulator Central Electricity Regulatory Commission (CERC). The Supreme Court (SC) bench headed by Justice Arun Mishra took cognizance of a matter on June 16, 2020, and dismissed the application […]

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