The Fourth Industrial Revolution, IR4.0, brought with it a framework for implementing advanced technologies, which triggered the commencement of many Digital Transformation projects to comply with IR4.0 guidelines.
LevelTen Energy, the global leader of renewable transaction infrastructure, has raised $35 million in a Series C funding round led by NGP ETP, with participation from My Climate Journey (MCJ) Collective and nearly all of LevelTen’s existing investors, including Avista Development, Constellation Technology Ventures, Equinor Ventures, Founders’ Co-op, Prelude Ventures, Techstars, TotalEnergie, and others. Google… Read More »
ReNew Power, India’s foremost renewable energy company, recently revealed a strategic partnership with The Precourt Institute for Energy at Stanford University and its StorageX Initiative. StorageX is an academic-industry-government campaign focused on solving the most challenging real-world storage issues. While at first working on grid-level battery issues and grid effectiveness in India, ReNew plans to… Read More »
The Acer Group has pledged to use 100 percent renewable energy by 2035. The company also revealed its Earthion platform, which will allow it to design more environmentally friendly products and packaging. The platform brings together the advantages of the company’s workforce and supply chain partners, broadening the scope of its sustainability initiatives. The Aspire… Read More »
Duke Energy has launched Duke Energy Sustainable Solutions. This new commercial label brings together services and products from several Duke Energy affiliates, including Duke Energy Renewables, REC Solar, and Duke Energy One, under one umbrella. Duke Energy Sustainable Solutions provides private and public companies, government-led organizations, and educational establishments with customized clean energy and resourceful… Read More »
BlueWave Solar, a leading solar and energy storage developer and community solar project service provider based in Boston, reported recent milestones and impacts of its renewable energy creation and solar community project servicing. By the end of 2020, the organization built and installed over 130 megawatts (MW) of solar projects, helping to offset 119,490 metric… Read More »
India is on its way to replace the coal-fired power plants with renewable energy resources as the announcement came on Tuesday from the Ministry of Power. India’s power plants are mostly based on coal – fuel. As a result, India comes in 2nd after China in the consumption of coal and, consequently, becomes third in… Read More »
The long-term purchase of energy from the Panther Grove Wind Energy Facility in Woodford County, Illinois, was signed by the American Electric Power (AEP) Energy subsidiary of Copenhagen Infrastructure Partners (CIP) for the generation of 400 megawatts (MW) of renewable energy. Panther Grove is to be constructed by the beginning of 2021 and is scheduled… Read More »
Idemitsu Renewables, an Idemitsu Kosan Co., Ltd U.S renewables energy business announced that its 50 MWp Central 40 project, based in Stanislaus County, California, has ended debt financing of $60 million. The KeyBank National Association provided the debt funding and KeyBanc Capital Markets served as the primary funder. Cary Vandenberg, Managing Director of Idemitsu Renewables,… Read More »
LF Energy, a non-profit coalition from the Linux Foundation, has launched its Digital Substation Automation Systems (DSAS) initiative aimed at enhancing power grid modularity, interoperability, and scalability to speed up global efforts towards carbon neutrality by 2050. The first DSAS-based project under CoMPAS or Configuration Modules for the Power Industry Automation Systems has also been… Read More »
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