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India to invest $455m towards battery storage scheme
India will invest $455.2m (Rs37.52m) to incentivise battery storage production under a scheme announced earlier this year. Indian Government sources told …
UK Labour Party puts brakes on £28bn green investment pledge
The UK Labour Party has firmly put the brakes on its pledge to invest £28bn ($35.2bn) per year into green …
Ørsted to invest $68bn to meet 50GW power capacity by 2030 target
Renewables developer Ørsted will invest $68bn (DKr471.23bn) into energy projects to help meet its 50GW power capacity target by 2030, …
SKF announces five-year, $278m decarbonisation investment
SKF, a Swedish bearing and seal manufacturer, has announced an investment of $278m (Skr3bn) to phase out fossil gas consumption …
NET Power goes public via merger with SPAC RAC II
North Carolina-based energy company NET Power has listed in New York by closing its merger with special purpose acquisition company …
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Ameresco and Atura to build 250MW battery storage system in Canada
Renewable energy developer Ameresco and its partner Atura Power have been chosen by the Canadian independent electricity system operator (IESO) …
Tata Power Renewable Energy to build 966MW hybrid project
India’s Tata Power Renewable Energy has received a letter of award to build a 966MW hybrid renewable power project for …
Vestas wins EPC order for 161MW Finnish wind farm duo
Danish wind turbine maker Vestas has secured an engineering, procurement and construction (EPC) contract for two wind farms in Finland …
Batteries and borders: Global policy and regulation in a rapidly decarbonising world
The global energy sector faces a myriad of challenges, and significant change, as various governments worldwide react to the clear …
OX2 secures local consent for Triton offshore wind farm
The county administrative board of Skåne, Sweden, a regional management authority working under the Swedish Government, has approved the construction …
Who’s saying what? Cloud mentions in company filings of power industry increased by 56% in Q1 2023
The global power industry experienced a 56% rise in company filings mentions of cloud in Q1 2023 compared with the …
Who’s saying what? Artificial Intelligence mentions in company filings of power industry increased by 22% in Q1 2023
The global power industry experienced a 22% rise in company filings mentions of artificial intelligence in Q1 2023 compared with …
Who’s hiring who? Hiring activity in the European power industry decreased by 7% in Q1 2023
The European power industry experienced a 7% drop in new job postings in Q1 2023 compared with the previous quarter, …
South Africa’s Climate Commission advises government to move away from coal power
South Africa must cease its reliance on coal power to generate electricity and only use minimum amounts of gas, the …
RTE survey expects major rise in French electricity usage
France’s national electricity transmission grid operator RTE has predicted a vast growth in the demand for and consumption of electricity …