Goldman Sachs Asset Management’s alternative investments platform, Goldman Sachs Alternatives, announced an agreement with German power producer RWE’s U.S.-based subsidiary RWE America’s U.S. Distributed Clean Energy (DCE) business. According to Goldman Sachs, the acquisition comes as surging power demand and…
Mecpower Solutions Ltd, an Indian integrated renewable energy infrastructure company, has signed a deal with the state government of Gujarat to set up a 5 GWh BESS assembly facility at Karjan, with an envisaged investment of around INR 1.6 billion…
LG Energy Solution (LG ES) posted a profitable second quarter this year, with investments in battery storage in the US and EV cell production in Europe paying off.
Colombia has awarded contracts for nearly 100 MW of battery energy storage systems paired with about 270 MW of new solar capacity in the first round of its long-term clean energy auction. The Ministry of Mines and Energy said the…
French developer Neoen has expanded its battery storage portfolio in Australia to more than 2.7 GW GWh in operation or under construction after securing two 15-year contracts for 75 MW of eight-hour capacity services in South Australia’s Firm Energy Reliability…
Quinbrook Infrastructure Partners has submitted a 520MW standalone BESS in the ACT to Australia’s EPBC Act.
Large data centres should serve as “anchor tenants” for new renewable energy generation, storage, and transmission investment, leveraging the scale and longevity of digital infrastructure commitments to advance energy projects rather than waiting for supply to arrive.
Customer awareness of utility sustainability goals is gradually increasing, with regional leaders in the West and South excelling in both awareness and satisfaction. The study underscores the link between visible sustainability actions, such as EV support, and higher customer approval,…
This new sensor system, which harvests power inductively from lines, enables precise fault location and early detection of grid issues, reducing inspection time and improving response to severe weather events and aging infrastructure.