Renewable Energy

BNEF estimates $1 trillion per year investment to triple renewable energy capacity

Despite progress, nations are not on track to meet the target of tripling global renewable energy capacity by 2030, according to the Unlocking Investment...

SolaX Power plans $1.5 bn investment in energy storage facility in China

SolaX Power, a global leader in energy storage solutions, has announced a $1.498 billion investment to establish a research and manufacturing facility in Zhejiang...

Energy storage: A critical factor for achieving net zero emissions

Investment in energy storage has emerged as a crucial element in transitioning to a low-carbon future as the electricity sector accounts for 25 percent...

RWE breaks ground on three battery energy storage projects in Texas

RWE, a global renewable energy company, has initiated construction on three battery energy storage systems (BESS) in Texas, advancing its portfolio of battery storage...

China’s renewable energy capacity grows significantly in 2024

Climate Energy Finance reports a remarkable surge in China’s renewable energy capacity during the first eight months of 2024. The country added 210 gigawatts...

China investments in clean energy exceed $100 bn amid trade barriers

Chinese firms have invested over $100 billion in clean energy technology projects overseas since the beginning of 2023, as they seek to navigate and...

Westbridge Renewable Energy provides portfolio development update

Westbridge Renewable Energy has shared significant updates on its global solar and battery energy storage system (BESS) portfolio, highlighting advancements in Canada, the U.S.,...

Canadian Solar’s e-STORAGE secures battery energy storage contract in Chile

Canadian Solar’s energy storage division, e-STORAGE, has secured an Engineering, Procurement, and Construction (EPC) contract to deliver a 98 MW/312 MWh DC Battery Energy...