UN-backed Green Climate Fund (GCF), the largest global climate fund for developing countries, announced that it has roughly quadrupled its capacity to financing new climate projects, adding $4 billion for investments through a change in its balance sheet management approach.…
Distributed energy resource (DER)-focused companies Sunrun and FranklinWH are expanding in California and Texas, US, respectively.
Netherlands-based Alfen and China-based CATL have signed an agreement to deploy 5 GWh of sodium-ion battery energy storage systems in Europe, building on an existing partnership focused on lithium-ion battery storage projects. The agreement marks a new phase in a…
Energy giant BP announced an agreement to sell the majority of the portfolio of its venture capital business, bp Ventures, to digitalization and decarbonization-focused growth investor Verdane. The sale includes minority stakes in more than 10 businesses, which Verdane described…
Malaysia’s Ministry of Energy Transition and Water Transformation (PETRA) has announced plans for the sixth round of the country’s large-scale solar program (LSS6). LSS6 will look to procure 2.5 GW of solar combined with 1.25 GW of battery energy storage…
In the eastern Indian Ocean, south of Java in the vast sea stretching toward Australia, a fishing vessel slightly alters its course while operating near the boundary of its authorized fishing ground. Nothing appears unusual on deck. Nets remain in…
Central de Bombeo Atacama, a joint venture between Chile’s Susterra and France’s Hyvity, has submitted an environmental impact assessment for a 450 MW GWh pumped hydro energy storage project in Chile’s Atacama region. The proposed project, located in the municipality…
System integrator Alfen and battery company CATL have struck a 5GWh partnership for sodium-ion BESS deployments in Europe.
Electricity sector regulations in Thailand require significant reforms to support the use of energy storage as a critical tool for renewable energy integration.
Agri-tech startup Rize announced today that it has raised $31 million in a Series B funding round, with proceeds aimed at scaling its platform to reduce emissions from the cultivation of rice, the most-consumed and most carbon-intensive crop globally. Rice…