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ReNew Power acquires 359 MWs of hydro, solar projects in India

Renewable Energy World

ReNew Power in India is acquiring two assets with a combined enterprise value of INR28.5 ReNew will acquire L&T Uttaranchal Hydropower Ltd., which owns the 99-MW Singoli Bhatwari Hydroelectric Project (SBHEP), from L&T Power Development Ltd., ReNew will acquire L&T Uttaranchal Hydropower Ltd., billion to 4.0

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Low carbon generation set to meet electricity demand growth – IEA

Smart Energy International

The IEA’s Electricity 2024 report records electricity demand growth easing in 2023 but is projected to accelerate over the next three years through 2026. The update finds that world demand for electricity grew by 2.2% Nuclear power generation also is expected to reach an all-time high, with growth averaging close to 3% per year.

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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

The proportion of global power generation represented by VRE, such as wind and solar power, has been rising rapidly since 2007. And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024.

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The Race Is On for Commercial Deployment of Solar in Open Seas

GreenTechMedia

In the space of just a few days, two separate projects have brought the promise of offshore floating solar a step closer to commercial reality. First, the oil and gas major Equinor announced its involvement in an offshore floating solar trial with Moss Maritime off the Norwegian island of Frøya. But that could be set to change.

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Europe’s Energy Storage Market Is Fading, Right When It’s Needed Most

GreenTechMedia

European energy storage deployment is set to shrink compared to other global markets, even as the need for flexibility on the grid increases, according to new research from Wood Mackenzie. By the end of 2019, the total tally (plus the U.K.) GW installed during 2019, indicating the ramp-up required to meet that goal.

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A decidedly impartial review of Mark Jacobson’s 100% Clean, Renewable Energy and Storage for Everything

Renewable Energy World

When you’ve followed the evolving research of a leading clean energy expert and become a supporter of his vision for a global clean energy transition, it should come as no surprise that I was eager to crack open Mark Jacobson’s 2021 book release, 100% Clean, Renewable Energy and Storage for Everything.

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Customers are driving the push towards renewables and digitalization

Renewable Energy World

Renewable energy is moving into a new stage in its evolution. This means that renewable energy is claiming an increasing share of the national generation mix. EIA estimates that wind power accounted for 9% of U.S. electricity generation in 2020., EIA estimates that wind power accounted for 9% of U.S.