utility

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Open Access Renewables Can Cut Data Centers’ Power Costs by 15-40%: Interview

Integrating renewable energy into the power mix is a no-brainer for data centers as it allows global companies to meet sustainability targets and offers 30-35% cost...

May 22, 2023

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Sumit Jha

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C&I

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Markets & Policy

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Solar
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SEW Acquires Utility Integration Software Provider 3Insys

SEW, a provider of digital customer experiences solutions for utilities, acquired 3Insys, a provider of data and security integration software solutions for electric,...

February 7, 2023

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Sohini Aich

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Storage
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Arcadia Raises $125 Million to Accelerate Digital Decarbonization

Arcadia, a climate software and data startup focused on decarbonizing the electric grid, raised $125 million in new funding to support the development of the company’s...

December 20, 2022

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Arjun Pradeep

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Smart Grid
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US Installed 3.9 GW Solar Capacity in Q1 2022, a 24% YoY Slump

The United States solar sector installed 3.9 GW of solar capacity in the first quarter (Q1) of 2022, a 24% year-over-year (YoY) decrease compared to 5 GW installed in...

June 8, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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Itron’s Revenue Falls by 7% YoY in Q4 2021, Registers a Net Loss of $58.9 Million

U.S.-based energy and water resource management technology company Itron in its recently announced financial results recorded revenue of $485.6 million in the fourth...

March 8, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Funding and M&A Roundup: China Three Gorges Acquires 500 MW of Solar Assets From X-Elio

From: Mercom Capital Group Here are some of the important funding and M&A updates of last week from the global renewable energy industry: Sembcorp Industries has...

August 24, 2020

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Staff

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Other

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Renewable Energy
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Funding and M&A Roundup: China Three Gorges Acquires 500 MW of Solar Assets From X-Elio

Here are some of the important funding and M&A updates of last week from the global renewable energy industry: Sembcorp Industries has obtained a $40 million loan...

August 24, 2020

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Utsav Sinha

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Solar

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Storage
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PowerGrid Corporation to Separate its Transmission Business

The PowerGrid Corporation of India Limited (PGCIL) has announced its plans to separate its power transmission business to form a 100% subsidiary that will carry out...

June 19, 2020

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Nithin Thomas

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Grid

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T&D
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Battery Storage, Smart Grid, and Efficiency Companies Raise Over $1.7 Billion in VC Funding in 1H 2019

Total corporate funding (including venture capital funding, public market, and debt financing) for Battery Storage, Smart Grid, and Efficiency companies in 1H 2019 was...

July 22, 2019

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Utsav Sinha

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Efficiency

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Smart Grid

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Storage
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Battery Storage, Smart Grid, and Efficiency Companies Raise $210 Million in VC Funding in Q1 2019

In Q1 2019, $210 million was raised by Battery Storage, Smart Grid, and Energy Efficiency companies, a decrease from the $472 million raised in Q1 2018. To get a copy of...

April 22, 2019

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Utsav Sinha

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Efficiency

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Smart Grid

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Storage
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Andhra Pradesh Proposes Creative New DISCOM-Driven Rooftop Solar Program

Rooftop solar has a promising future in India where land is a scarce commodity. So far, rooftop solar has lagged well behind large-scale projects making up only 12...

April 2, 2019

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Saumy Prateek

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Rooftop

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Solar
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Interview: Utilities Need to Enable Prosumers for Rooftop Solar to Flourish

Rooftop installations in India are well behind utility-scale installations. Only 2 GW of rooftop solar has been installed as of Q1 2018 out of the 40 GW by 2022 target...

July 23, 2018

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Nitin Kabeer

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Rooftop

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Solar
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India’s Power Utilities’ Ratings Over the Last Year Decline Slightly

The Ministry of Power (MoP) recently released its sixth annual integrated ratings for the state distribution utilities. Out of the 41 utilities that were covered in the...

July 16, 2018

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Nitin Kabeer

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Grid

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Market & Policy
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ADB to Provide $1.1 Billion Loan to Strengthen Indonesia’s Energy Sector

The Asian Development Bank (ADB) will provide $1.1 billion in loan to Indonesia to diversify and strengthen its energy sector. According to an ADB release, “The Board of...

September 14, 2017

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Saumy Prateek

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Grid

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Utilities
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Maharashtra Becomes 17th State to Join UDAY

Maharashtra has joined the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY), becoming the 17th state to do so. The state is estimated to achieve a net benefit...

October 8, 2016

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Wendy Prabhu

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Grid

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Utilities

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