China outlines new spot market rules supporting renewable energy and storage integration

China’s National Development and Reform Commission (NDRC) has proposed revised rules for electricity spot markets, introducing explicit provisions allowing renewable energy projects and their on-site battery storage systems to participate in spot trading as joint bidding entities. The draft Basic…

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Ara Partners Raises $2.5 Billion for Inaugural Conventional Energy Optimization Fund

Energy and industrial transition-focused private equity investor Ara Partners announced that it has raised $2.5 billion at the final close of its inaugural energy investment fund, Ara Energy Fund I, focused on investing assets along the conventional energy value chain…

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