THE DAILY ROUNDUP – Wednesday

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


Power Ledger and BCPG plan REC blockchain energy marketplace in Southeast Asia

Australian blockchain energy firm Power Ledger has announced a partnership with previous collaborator BCPG to create a renewable energy credit (REC) marketplace in the Southeast Asia region. BCPG is the renewable energy arm of BCP Group, a Thai state-controlled energy company operating in a number of Southeast Asian countries…

Blockchain-enabled technology provides a secure and accountable platform that can audit and streamline the buying and selling of renewable energy.

Jemma Green, co-founder and Executive Chairman of Power Ledger

CT Green Bank sells 6 solar energy systems to Greenwich investment firm

A Greenwich-based renewable energy investment firm has acquired six solar projects, including two in the New Haven area, from the Connecticut Green Bank, the state’s quasi-public agency tasked with attracting private investment in energy efficiency and renewable power projects. Financial terms of Skyview Ventures’ acquisition of the solar projects…

We loaned them a percentage of the purchase price with a 15-year payback period.

Louise Della Pesca, associate director for clean energy finance with the Green Bank

Duke Energy Florida announces three new battery storage sites, including special needs shelter and first pairing with utility solar

Duke Energy Florida plans to add three battery energy storage sites and nearly 30 megawatts to enhance power quality, reliability and critical services during outages, the company announced Tuesday. The battery storage sites will be located at Duke Energy’s Lake Placid Solar Power Plant in Highlands County, John Hopkins Middle School in Pinellas…

Batteries are an exciting technology that allows us to bring more renewables onto the grid and support resiliency in our communities. These projects help us determine the best uses so that when battery storage technology becomes even more cost-competitive, as it is projected to do, we can deploy them quickly for the benefit of our customers.

Catherine Stempien, Duke Energy Florida state president

Construction Begins on One of the Nation’s Largest Standalone Battery Energy Storage Projects

Construction has begun on the Chisholm Grid battery energy storage system, the largest standalone battery energy storage project currently under construction in the US outside of California. Located in Fort Worth, Texas, Chisholm Grid will have an initial rated capacity of 100 megawatts (MWac) and is scheduled to begin commercial operations in…


The little-known clean energy revolution

Over the last decade, the number of people in the world without access to electricity has fallen drastically — from 1.4 billion in 2010 to about 900 million in 2018, according to the United Nations. And yet, if current trends persist, the world won’t be able to meet the UN’s sustainable development goal of universal access to electricity by 2030, with as many as…


SparkMeter Closes $12M Round to Expand From Metering Minigrids to Analyzing ‘Broken Grids’

Remote minigrids are a tough market for a traditional smart meter vendor. The meters that minigrids use need to be cheap, rugged and reliable, and they must be able to adjust to the often unstable operating conditions of solar-powered standalone grids. They also need to carry enough computing power to support a growing array of prepay and pay-as-you-go…


Latest Solar Energy Technology Trends

With companies addressing the increasing need for utilizing budget-friendly forms of feasible energy solutions, the development of the energy efficiency software technology is skyrocketing. As more businesses embrace energy-efficient tools for their business model, the usage of utility management software has given the means to do so…


Self-charging, thousand-year battery startup NDB aces key tests and lands first beta customers

Pleasanton-based green energy startup NDB, Inc. has reached a key milestone today with the completion of two proof of concept tests of its nano diamond battery (NDB) . One of these tests took place at the Lawrence Livermore National Laboratory, and the other at the Cavendish Laboratory at Cambridge University, and both saw NDB’s…


Raise Green’s new tech platform helps entrepreneurs start their own solar energy business

Raise Green, the impact investment marketplace for green infrastructure and clean energy projects — announced the launch of its Originator Engine, a SaaS solution developed in partnership with IBM to help drive entrepreneurship and community resilience by empowering nearly anyone to start their own solar energy business. The new easy-to-use…

The 20th Century was built on gas stations at every corner. The 21st Century will be built on solar arrays at every corner. Raise Green is stripping away the barriers that often come with starting a business with an easy-to-use platform that automates the process of building local solar energy projects and funding them.

Matthew Moroney, co-founder and chief operating officer at Raise Green

New partnership between UNEP and ReNew Power to increase access to clean, efficient energy in India

India’s largest renewable energy company, ReNew Power, and the UN Environment Programme (UNEP) have signed a partnership agreement to promote increased access to renewable energy and improved energy efficiency. The strengthened partnership between the two parties – who signed the Memorandum of Understanding (MoU) on 10th…

ReNew Power is a market leader in renewable energy and has demonstrated that clean energy makes ample business sense. We are proud to associate with them to push the envelope when it comes to clean and viable energy solutions for multiple applications in support of the climate goals and the 2030 Sustainable Development Agenda.

Atul Bagai, Head of UNEP’s India Office

Ayana Renewable acquires two solar power assets of First Solar in Karnataka

Mumbai: Ayana Renewable Power on Tuesday said it has acquired 100 per cent equity stake in two First Solar-developed photovoltaic (PV) solar power plants in Karnataka for an undisclosed amount. The total capacity of these plants is megawatts (MW), the company said in a statement. India InfraDebt financed the acquisition, the company said…

The 100 per cent acquisition of the two projects, located in Karnataka, is part of its strategic mission to deliver high-quality projects organically and inorganically, to create value for its shareholders.

Ayana Renewable

New sparks for the electric vehicle industry

Thinking back to the beginning of 2020 can seem like a lifetime ago. Before the pandemic took root on a global level, the transportation industry was already in the midst of a great and exciting transition. The move to electric vehicles (EVs) was intensifying. Take General Motors, for example. In early March, the company announced it would have 20 new…


ESA wants to see 100 GW of energy storage in the United States by 2030

The U.S. Energy Storage Association (ESA) today issued an expanded vision for energy storage: 100×30: Enabling the Clean Power Transformation. Informed by developments in the energy storage and clean energy markets and extrapolating upon ESA’s 2017 vision document (35×25: A Vision for Energy Storage), this white paper charts a path for…

With the right policies and regulatory frameworks in place, we believe that achieving 100 GW of new storage installations by 2030 is entirely reasonable and attainable. Current market projections indicate remarkable growth for energy storage over the next decade, and its role is expanding to maintain and enhance the reliability, resilience, stability and affordability of electricity over the coming decade.

Kelly Speakes-Backman, CEO of ESA

New Energy Storage “Water Battery” Breakthrough: Look Ma, No Underground Powerhouse

For all the excitement over the next big thing in lithium-ion batteries, the simple fact is that plain old water is the only large scale, long duration energy storage medium available today in the US and in many other parts of the world. The challenge is that water batteries — aka pumped hydropower — require expensive new infrastructure, which limits their…

Key to this new design is that it does not require an underground powerhouse, which is one of the more costly, risky, and environmentally impactful aspects of PSH [pumped-storage hydropower] construction.

NREL

Germany to Issue ‘Green Bonds’ Worth Up to $13B This Year

BERLIN — The German government plans to generate up to 11 billion euros ($13 billion) for clean transportation and renewable energy projects this year by issuing so-called green bond, officials said Monday. The step is part of an effort to meet demand for environmentally friendly investments and follows the path already taken by other…


Climate Investing Platform Raise Green Offers New Help for Solar Projects

Matt Moroney spent five years in the private sector cleaning up contaminated land before returning to grad school. During that time, he noticed that his work often cleared the way for condos and high-end retail rather than projects stemming from the community. This experience inspired him to explore new ways to get money into local sustainable…


China Everbright Limited AI New Economy Fund: Riding wave of Smart Economy with industry investments

China Everbright Limited (CEL), together with its core strategic technology platform Terminus Group, recently announced the joint launch of ‘CEL AI New Economy Fund’, aiming to raise RMB 10 billion and operate in both RMB and USD. As of now, RMB 7 billion has been collected. Victor Ai, the head of China Everbright New Economy Fund…

The smart economy is another technological revolution, and it is just around the corner. The last technological revolution was dominated by the Internet, giving rise to Internet giants such as Baidu, Alibaba and Tencent. We have reasons to believe that the rise of smart economies will reshape the entire business environments and industrial landscape the way previous Internet revolution did.

Victor Ai, the head of China Everbright New Economy Fund, the Founder and the CEO of Terminus Group

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