THE DAILY ROUNDUP – Thursday

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Hi! Here is your daily dose of articles related to renewable energy, sustainability, and technology. Stay safe!


Azelio forges North America energy storage pact

Swedish energy storage outfit Azelio has signed a memorandum of understanding (MoU) with US-based Trimark Associates to develop projects in the North American market. The MoU covers 45MW of long-duration energy storage capacity due online by 2025. The first projects are targeting 150kW in 2021, followed by 3MW in…


Tesla’s Solar Bet Could Be A Game-Changer For U.S. Renewables

Last year EV news site Electrek reported that, according to Elon Musk, “the company’s energy division, Tesla Energy, is becoming a distributed global utility and it could eventually outgrow Tesla’s automotive business.” And back in October of last year, Musk himself told investors that “Tesla Energy is going to be a major part of Tesla’s activity in the future…


Bring-Your-Own-Batteries and EV Chargers: The Future of Distributed Energy Integration?

Distributed energy resources including rooftop solar, smart thermostats, behind-the-meter batteries, smart inverters and electric vehicle chargers have value for the customers installing them — and for the utilities seeing them proliferate across their distribution grids. But how can utilities and customers agree on sharing these potential…


How the U.S. Can Have 90 Percent Clean Electricity by 2035

According to a new study, in just 15 years the U.S. can generate 90 percent of its electricity without coal-fired power plants or new natural gas plants – dirty energy sources that deepen the climate crisis and endanger public health. The so-called 90% Clean Plan would avert billions of dollars in health and environmental damages and create…


Axpo to market grid balancing services offered by largest Nordic grid battery to date

Swiss public energy utility Axpo will market the grid balancing services offered by the largest energy storage facility planned to date in the Nordic nations. A press release issued by the energy company – which also invests in nuclear and natural gas – stated the 30 MW/30 MWh Yllikkälä Power Reserve One lithium-ion battery system is…

The agreement with Neoen in Finland is the starting point for our new IT platform in the Nordic [nations]. We are delighted to join forces with Neoen on this innovative project. By making available our experience in marketing flexible assets, Axpo is going to contribute to Finland’s transition towards more renewable energies. This valuable new asset set-up will help improve grid stability in Finland.

Marco Nideröst, head of asset optimization at Axpo Power

The pandemic has shifted the focus towards tech and renewable energy — here are 10 promising sectors for investment, according to fund managers

The coronavirus pandemic has changed the way we live and work. While many firms and sectors have lost out, others are thriving, and fund managers hope to capitalize. Freddy Colquhoun, investment director for wealth manager JM Finn, says the current crisis marks a farewell to the old economy of oil and banking stocks, and the rise of a new…


Could Flex Services Draw New Players to the Energy Sector?

A collaboration between Vodafone and Energy Web is evidence that an emerging flexibility services opportunity is luring new players to the energy sector, insiders believe. The mobile giant and the energy blockchain leader last month announced a partnership to use subscriber identification module (SIM) technology as a means to identify distributed…

This means that renewable and distributed assets like wind turbines, batteries, heat pumps, and solar panels can be integrated with energy grids safely and efficiently.


SECI’s solar tender draws strong interest

Bengaluru: A tender for 2,000 mw power issued by the Solar Energy Corporation of India (SECI) received an overwhelming response with bids for more than 5,000 mw, said people close to the development. SECI is the nodal agency through which the Ministry of New and Renewable Energy conducts wind and solar power auctions…

With a slowdown in auctions recently and allocation of huge capacity (12,000 mw) in the manufacturing tender, developers are anxious to build their own pipeline. If these conditions persist, we would expect the all-time low tariff of Rs 2.44 (per unit) to be breached soon.

Vinay Rustagi, managing director

Steven Chu: Long-Term Energy Storage Solution Has Been Here All Along

The most efficient energy storage technology may be as close as the nearest hill, according to former Energy Secretary Steven Chu, and almost as old. “It turns out the most efficient energy storage is you take that electricity and you pump water up a hill,” Chu said Tuesday at the Stanford University Global Energy Forum…


Clean energy powers coronavirus testing in Africa: Renovagen’s FAST FOLD portable solar power system deployed by First Aid Africa to accelerate COVID-19 testing

First Aid Africa, a Scottish charity with operations in Africa supporting sustainable healthcare, and Renovagen Ltd, a UK supplier and manufacturer of innovative portable renewable energy equipment, have announced the success of a rapid response project to support testing operations in the fight against the COVID-19 pandemic in Zambia…


Germany takes next coal exit step with contract for company compensation

Germany has taken the next step towards finalising its planned coal exit as the government cabinet presented a draft contract between the state and lignite operators with details on compensation for affected companies. Once approved by parliament, the contract will provide legal certainty and planning security for Germany’s mining…


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