power-grid

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World Bank Loans $200 Million to Himachal Pradesh to Add 10 GW of Renewables

The World Bank‘s Board of Executive Directors approved a loan of $200 million to the Government of Himachal Pradesh to help the Indian state achieve its target of adding...

June 29, 2023

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Gourav Mishra

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Finance and M&A

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Renewable Energy
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Australia Announces $81 Million Funding for Community Battery Deployment

The Australian Renewable Energy Agency (ARENA) has invited expressions of interest (EoI) for the first round of Community Batteries Funding of up to AU $120 million...

April 4, 2023

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Gautamee Hazarika

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Energy Storage

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Grid Optimization

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Market & Policy
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General Motors, Google, Ford Partner with RMI to Scale Virtual Power Plants

Rocky Mountain Institute (RMI) has formed a Virtual Power Plant Partnership (VP3) with initial funding from General Motors and Google Nest, aimed at catalyzing the...

January 11, 2023

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Gourav Mishra

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Other

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Renewable Energy
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US City to Replace Diesel with 293 MWh Green Hydrogen Plus Battery System

Pacific Gas & Electric Company (PG&E), a combined natural gas and electric utility of PG&E Corporation, and Energy Vault, a utility-scale energy storage...

January 6, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Microsoft to Buy 900 MW Renewable Power for its Ireland Data Centers

Microsoft Corporation has signed power purchase agreements (PPAs) to procure 900 MW of renewable capacity in Ireland to power its data centers in the country. The...

November 24, 2022

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Gourav Mishra

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Other

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Renewable Energy
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US Announces a $13 Billion Fund to Expand and Modernize Electric Grid

The Biden administration, through the U.S. Department of Energy (DOE), has announced $13 billion to expand and upgrade the national electric grid. Funded by the...

November 21, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Daily News Wrap-Up: Power Grid Bags Transmission Project to Evacuate 1 GW of Solar Power

Here are some noteworthy cleantech announcements of the day from around the world: REC Power Development and Consultancy (RECPDCL) handed over a project-specific Special...

August 26, 2022

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Arjun Joshi

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Other

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Renewable Energy
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IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market

To expand power markets beyond India, the Indian Energy Exchange (IEX) has introduced cross-border electricity trade (CBET) on its platform. The initiative is a step...

April 19, 2021

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Staff

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Grid

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Market & Policy
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India Requires $60-80 Billion Investment Over the Next 5 Years in Grid Infrastructure: IEEFA

India will need an investment to the tune of $60-80 billion over the next five years in grid infrastructure to accommodate its tremendous growth in renewable energy...

January 25, 2019

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Nitin Kabeer

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Grid

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T&D
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United States to Provide $7.5 Million for Enhancement of India’s Power Grid

The United States will provide India with $7.5 million to improve the national grid. The fund is provided by Department of Energy (DOE), United States Government, and...

June 23, 2017

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Raj Prabhu

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Grid

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T&D
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Power Grid Plans Capital Expenditure of Rs.250 Billion (~$3.87 Billion) for FY2017-18

The Power Grid Corporation (PGCIL), a state run transmission and distribution company, has planned a capital expenditure of Rs.250 billion (~$3.87 billion) for FY2017-18....

June 5, 2017

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Sampath Krishna

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Grid

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Utilities

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