In Short : Jindal Renewables and INOXGFL Group are competing to acquire Vena India, the renewable energy platform backed by Global Infrastructure Partners. The deal highlights rising consolidation in India’s clean energy sector, as major players seek to expand capacity, strengthen portfolios, and accelerate growth in solar and wind energy markets. In Detail : India’s […]
Despite turbulence in energy markets, India, U.S. determined to transition to clean energy: Hardeep Singh Puri – EQ Mag Pro
Union Minister of Petroleum and Natural Gas Hardeep Singh Puri said that there is a huge potential of India-U.S. collaboration in the energy sector The resolve of India and the U.S. to transition to “green, clean and sustainable energy” would not be diminished by the turbulence in energy markets, India’s Petroleum and Natural Gas minister […]
Con Edison Contracts Its Biggest Battery to Date in New York City
A 400-megawatt-hour battery from 174 Global Power will balance NYC’s energy needs with increasing offshore wind power capacity. New York utility Con Edison has signed its biggest energy storage contract to date, a 100-megawatt/400-megawatt-hour lithium-ion battery project that will help balance a grid facing rising levels of offshore wind and other renewable power in the […]
IEEFA report: Volts from the blue – floating solar to generate 900% more electricity across Asia-Pacific
From below 1MW before 2019, ASEAN nations now have over 51MW installed and 858MW planned Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi note that power demand in the Philippines and Malaysia has dropped by as […]
The Worst Is Still To Come In Energy Markets
It’s been a rough week for the stock market across the board, but there is one sector that’s hurting more than all the rest. The only sector currently in a bear market is the energy sector, which fell more than 6 percent at the beginning of the month, making it the number-one worst performer on […]