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The Energy Act 2023: What it is, what it means and when it will take effect

Envirotec Magazine

Eleni Diamantopoulou is Practice Development Lawyer (Energy) at Womble Bond Dickinson. Eleni Diamantopoulou writes The Energy Act 2023 (the Act) is finally here. Energy Storage : The Act brings the missing clarity that was blocking investment by adding a clear definition for energy storage.

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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 which owns the 99-MW Singoli Bhatwari Hydroelectric Project (SBHEP), from L&T Power Development Ltd., which owns the 99-MW Singoli Bhatwari Hydroelectric Project (SBHEP), from L&T Power Development Ltd., billion to 4.0 million to 53.4

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After Bold Promise, New Jersey’s Energy Storage Plan Remains a Mystery

GreenTechMedia

New Jersey looked like the promised land for energy storage. Phil Murphy campaigned in 2017 on a clean energy platform that pushed for a 100 percent clean grid by 2050. When Murphy won and took office, he signed sweeping clean energy legislation in May 2018 that turned his goals into law. Who’s the Boss?

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The Return on Investment (ROI) of Sustainable Business

Green Business Bureau

In some regions, lack of access to natural resources and basic necessities such as water or reliable electricity is a major impediment to profitability and growth. For these reasons and others, a business strategy that includes sustainability is key to building resilience, improving profits, and reducing risk.

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? $32bn and 30% drop as market hits pause in 2023

Climate Tech VC

🚗 Vertical: Transportation and Energy investment declined, but remained on top. Food & Land Use fell dramatically, down -55%, and was replaced by Industry in the big three. Please see the bottom of this post for full methodology and climate vertical definitions. Removing Industry, the average was 34% down. 

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'Significant slowdown': European energy storage growth falls in 2019

Business Green

Total of just 1GWh of energy storage added across Europe last year due to higher competition and lower prices, trade body warns. The downturn was particularly pronounced for large-scale energy storage projects, which are seen as key to expanding the use of intermittent forms of renewable energy such as solar and wind power.

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Overlooked gems in Tesla’s Q4 earnings call

Charged

The world’s richest videogamer explained that once Tesla’s vehicles evolve into self-driving robotaxis, their level of usage will soar—from 12 hours per week to 60 hours per week in Musk’s example. The Full Self Driving package isn’t ready for prime time yet, but little beta birdies have been tweeting that it’s getting very, very close.