Brookfield buys majority in renewables developer Neoen in $6.6 billion deal

The Victorian Big Battery in Australia, one of Neoen's projects in the country. Image: VBB

Brookfield Asset Management, the world's largest renewables investor, is looking to buy a majority stake in French renewables development company Neoen. The Canadian-based investor...

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India cuts royalties for mining 12 critical minerals, including Vanadium

India's Cabinet has approved new royalty rates for mining of 12 critical and strategic minerals -- Beryllium, Cadmium, Cobalt, Gallium, Indium, Rhenium, Selenium, Tantalum, Telluri...

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Tata Power eyes 2,800 MW of pumped hydro storage capacity

Image for representation purpose only Image: Shutterstock

Tata Power Company is looking to set up 2,800 MW of pumped hydro storage capacity at an investment of around ₹15,000 crore, CEO Praveer Sinha told reporters. He said the company wo...

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Three companies plan scalable, modular 500 kg/day green H2 plant in Texas

Image: PR Newswire

Three US companies are collaborating to set up the world's first 500 kg per day green hydrogen production facility in Houston, Texas. HNO International announced it would lead the ...

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US DoE announces $72 million to upgrade 46 hydroelectric projects

The US Department of Energy has announced major investments in the country's hydroelectric sector, with funding to upgrade 46 projects across 19 states. In a release, the DoE said ...

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Decarbonizing healthcare: Envision to supply 200 GWh RE power to Roche, four others

Image Courtesy: Envision Energy

Chinese greentech company Envision Energy has announced a three-year renewable energy supply with five global leading healthcare companies in a collaboration that helps decarbonize...

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Coal-fired Poland changes stance, plans to set end date for fossil fuels

Belchatow, Poland, is Europe's largest coal power plant. Image: Fotopolska.eu/Flickr

Poland's new government plans to set an end date for generating power from coal, the country's Secretary of State for Climate Urszula Zielinska said on Monday, reversing the previo...

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South Africa launches bids for 5,000 MW renewable and 615 MW battery capacity to beat power deficit

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The Government of South Africa has launched bidding rounds for 5,000 MW of new power generation capacity from renewable sources and 615 MW of battery storage, as the country fights...

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UK raises guaranteed prices for RE projects, offshore wind to get 66% more, solar up 30%

The UK has announced increases in the country's guaranteed price renewable energy projects after a review of the country's 'maximum strike price' for such projects. The biggest inc...

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Daily Shorts: US renewable projects run into 3-year transformer wait, VW promises cheap EV, and more

America's power sector is grappling with a transformer shortage. US renewable energy project developers who are setting up grid-scale RE and energy storage systems say critical com...

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Daily Shorts: Fonterra to cut farm emissions, Oxy wants to licence its carbon capture technology, and more

Fonterra, the world's largest dairy exporter, said it would reduce farm emissions by 30 percent by 2030, largely by improving farm practices, deploying novel technologies, and plan...

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Daily Shorts: Singapore’s Sembcorp eyes 25 GW RE capacity by 2028, Orsted cancels projects due to ship shortage, and more

Image courtesy: Sembcorp

Danish wind developer Orsted has cancelled two offshore projects off the coast of New Jersey, but that had less to do with margin squeeze and more to do with supply side bottleneck...

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Daily Shorts: JLR opens EV test center in England, companies ask COP28 to finalize fossil fuel phase out

Image: Unsplash

British automaker Jaguar Land Rover opened an EV test centre in England, pointing out that this would save on costs and carbon emissions resulting from shipping prototypes to test ...

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Daily Shorts: US bolsters power grid with $3.5 bn, Foxconn eyes Indian EV market, and more

The US Department of Energy announced up to $3.5 billion in funding to strengthen the country's electricity grid, releasing the first round of funds from the nation's $10.5 billion...

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Daily Shorts: Plus Power raises $1.8 bn for battery projects, Rivian CEO calms fears over fund raise, and more

Image Source: Birdwood Energy

Australian pension fund Aware Super, the country's third largest, said it would invest up to A$2 billion ($1.3 billion) in a joint venture with Birdwood Energy to finance smaller-s...

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Daily Shorts: UAE's first commercial wind farm, Japan will subsidize hydrogen aeroplanes, and more

Image: Pexels

The UAE launched its first commercial-scale wind power project, a 104 MW installation at four sites run by the emirates' green power company Masdar. Electricity from the wind farm ...

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Daily Shorts: NZ bio-graphite start-up gets funding, Norway eyes 1 GW Iberdrola RE assets and more

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Norway's sovereign wealth fund is doubling a planned purchase of renewable energy assets from Iberdrola to 1 GW, according to Spanish newspaper Cinco Dias. In May, the fund had sai...

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Statkraft - Fluence's latest BESS project to improve transmission network stability in the UK

Image for representation purposes only.

Statkraft, Europe's largest generator of renewable energy has selected Fluence Energy UK Ltd. (Fluence), a subsidiary of Fluence Energy Inc, to deliver its first battery-based...

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Weekend Roundup: EU may ask COP28 to phase out oil & coal, Italy gets 16 MTPA carbon storage capacity, and more

The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli...

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Daily Shorts: Tesla range under scanner, Canada clears four wind farms to drive green hydrogen plants

Image: Tesla

Tesla is under the scanner of US authorities over vehicle range claims, media reports indicate. The Wall Street Journal reported federal prosecutors are looking into the company's ...

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Daily Shorts: Japanese scale up hydrogen play, US auctions wind sites in Gulf of Mexico

A Japanese-American group plans to produce e-methane in the US, which will be liquefied at the Cameron LNG terminal and exported to Japan from 2030. Image: Pexels

Japanese companies are scaling up their hydrogen act. Mitsui & Co, Mitsui Chemicals, IHI Corp and Kansai Electric said they will jointly study a hydrogen and ammonia supply cha...

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Middle East poised for clean revolution, RE capacity to hit 220 GW by 2030

The Middle East is primed for a 'clean revolution' with installed renewable energy capacity in the Middle East-North Africa (MENA) region set to grow from 40 GW in 2022 to 220 GW b...

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Daily Shorts: China prepares to recycle old wind and solar equipment, Ford plans plant in Canada and more

China announced plans to set up a recycling system for old solar panels and wind turbines to manage equipment slated for retirement in the coming years. Multiple state agencies rel...

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Weekend Roundup: Capital Energy puts 4.3 GW RE assets on the block, Sigma Lithium scouts for buyers, and more

Image: Pexels

Spanish renewable energy investor Capital Energy has put 4.3 gigawatts (GW) of wind and solar power plants for sale. The assets, all based in Spain, are estimated to fetch up to $1...

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Malaysia's reNIKOLA eyes $440 million spend to expand RE footprint across Southeast Asia

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Malaysia's reNIKOLA Holdings is seeking to raise up to $440 million over the next three years to expand its renewable energy footprint across Southeast Asia, the company's managing...

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Weekend Roundup: Itochu launches $2 billion RE fund, Mercedes says China central to coming EV campaign

Mercedes' all-electric SUV, the EQE. Image: Mercedes Benz

Japan's Itochu Corp announced the company will invest around $2 billion in renewable power assets in Canada and the US through Overland Capital Partners, a fund set up in partnersh...

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Building a Robust Indian Grid: The Vital Role of PV Inverter FRT Capability

India is on a mission to combat climate change and achieve Sustainable Development Goals by leveraging renewable energy sources for meeting its national energy needs. As per the Na...

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G20 ETWG calls for Decentralized Renewable Energy (DRE) for sustainable future

The critical role of Decentralized Renewable Energy (DRE) for achieving Sustainable Development Goal 7 ensuring access to affordable, reliable, sustainable and modern energy f...

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Daily Shorts: US offers India cheap capital for clean energy, European solar output jumps on heatwave, and more

India and the US agreed to work together on climate goals and energy transition. US Treasury Secretary Janet Yellen met India's Finance Minister Nirmala Sitharaman and announced pl...

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Weekend roundup: Tesla unveils Cybertruck, US launches $20 bn in cleantech grants, and more

Tesla built its first Cybertruck, an EV pickup model it showcased four years ago (where an engineer cracked its so-called 'armor' glass). The vehicle gives Tesla entry into one of ...

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