Tag Archives: Renewables

Advancing renewables in developing countries

The Abu Dhabi Fund for Development (ADFD) in 2013 undertook to support renewable energyprojects through a joint initiative with the International Renewable Energy Agency (IRENA). Through that facility, the fund has dispensed AED 1.285 billion (USD 350 million) over the … Continue reading

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Electricity Storage Valuation Framework

Electricity storage refers to technologies that store electrical energy and release it on demand when it is most needed. The storage process often involves conversion of electricity to other forms of energy and back again.2 With its unique ability to … Continue reading

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Energy subsidies: Evolution in the global energy transformation to 2050

SUBSIDIES, PRIVILEGES, UNPRICED EXTERNALITIES AND THE ENERGY TRANSITION In order to meet the Paris Agreement objective that the global temperature rise be kept to “well below 2 °C”, the global energy sector requires nothing short of a complete transformation, during the … Continue reading

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US tackles cyber security threat from surging renewables

US scientists are testing layers of cyber defences from component level and designing new grid topology and control systems to counter the threats posed by rising renewable energy capacity. In January, the US National Renewable Energy Laboratory (NREL) launched a … Continue reading

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Iberdrola plans three more Spanish solar projects totalling 450MW

Iberdrola is progressing with efforts to develop three solar farms in Spain’s Valencia region that will have a combined capacity of 450MW and require an investment of more than €235 million (US$284 million).The utility plans to build two plants (PSF … Continue reading

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Amid California’s heatwaves and fires, ‘world’s largest’ battery project is being switched on

Update 21 August 2020: An LS Power representative contacted Energy-Storage.news to provide further information on the Gateway project’s storage capacity: “Gateway is 230MW / 230MWh. In other words, it can discharge for one hour at 230 megawatts power. And that is … Continue reading

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Brazil’s looming renewable auction sparks another PV bidding avalanche

The solar industry’s appetite for Brazilian auctions appears to remain undimmed in the new decade, with nearly 30GW in PV bids coming forward for the next renewable tender.Figures released on Tuesday by energy regulator EPE show PV firms have put … Continue reading

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COVID-19 brings ‘indefinite’ delays for Brazil’s solar-friendly auctions

The global COVID-19 crisis has pushed gigawatts-worth of solar bids into administrative limbo in one of Latin America’s most buoyant markets, with tenders cancelled without new dates yet in sight.Brazil is to “indefinitely postpone” a host of solar-friendly auctions including … Continue reading

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Basic customs duty on solar modules and cells likely next week

The Centre is likely to impose a basic customs duty on imported solar modules and cells next week. “The Department of Revenue has informally given their nod,” a top official from the Ministry for New & Renewable told BusinessLine. MNRE had … Continue reading

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CRISIL Yearbook Indian debt market 2021

Overall supply of corporate bonds could double to Rs 65-70 lakh crore Over the next five fiscals, corporate bond issuances outstanding could more than double from ~Rs 33 lakh crore or 16% of gross domestic prod- uct (GDP) at the end … Continue reading

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