Trading News

1. Biden-Harris Administration Announces $82M Investment To Increase Domestic Solar Manufacturing And Recycling, Strengthen The American Clean Energy Grid 4/20/2023

   As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $52M for 19 selected projects, including $10M from the Bipartisan Infrastructure Law, to strengthen America’s domestic solar supply chain, and $30M in funding for technologies that will help integrate solar energy into the grid.

2. ADB, TATA Power Sign Deal To Enhance Delhi’s Power Distribution Through Grid Enhancements And Battery Energy Storage System 4/10/2023

   The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power Co Ltd (Tata Power), entered into an agreement to subscribe to non-convertible debentures for 1.5 billion Indian Rupees (equivalent to $18.2M) to enhance Delhi’s power distribution through grid enhancements, and a $2M grant to partially finance the purchase and integration of a pilot battery energy storage system (BESS).

3. Zendure's First Solar Energy Storage System For Balconies Now Available In Europe 4/6/2023

   Zendure – One of the fastest growing energy-tech startups in the field of renewable energy solutions, announces the pre-sale of its first plug-and-play solar energy storage system for balconies, SolarFlow. Presale begins April 6th when energy enthusiasts can purchase the SolarFlow with one battery (960 Wh each) starting at a price of 1,399 euros.

4. Fluence Completes 570 MW Battery-Based Energy Storage Portfolio Contributing To SMC Global Power's 1,000 MW Battery Storage Fleet Inauguration In The Philippines 4/4/2023

   Fluence Energy, Inc. (“Fluence”), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, announced the completion of a 570 MW battery-based energy storage portfolio supplied to SMC Global Power Holdings Corp.

5. Fluence To Deliver 200 MW / 400 MWh Energy Storage System For Macquarie Asset Management’s Green Investment Group And Shell Energy's Rangebank BESS In Cranbourne 4/3/2023

   Fluence Energy, Inc. (“Fluence”), a leading global provider of energy storage products and services, and cloud-based software for renewables and storage, today announced that Fluence has been selected by Macquarie Asset Management’s Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) to deliver the 200 MW / 400 MWh Rangebank Battery-based Energy Storage System (BESS) in Cranbourne, Melbourne, Australia.

6. ACCIONA And Nordex Team Up To Develop Green Hydrogen Projects In Areas With Abundant Wind Resources 3/31/2023

   ACCIONA and Nordex announced today the creation of a joint venture to develop competitively priced green hydrogen projects in areas with abundant wind resources, not connected to conventional power grids.

7. Enfinite Announces Addition Of 40 MW Of Energy Storage Onto Alberta Electricity Grid 3/23/2023

   Enfinite, a North American leader in energy storage, is pleased to announce, through its eReserve battery storage program, it has financed and developed two more energy storage projects that are now operational and supporting Alberta’s electricity grid.

8. Utilidata Announces Development Of A Custom Module For AI At The Edge Of The Grid 3/15/2023

   Utilidata announced today that the company is working with NVIDIA to develop and deploy a lower-cost, lower-power module to deliver real-time AI at the edge of the grid.

9. A Fresh Look At Restoring Power To The Grid 1/31/2023

   Climate change can alter extreme weather events, and these events have the potential to strain, disrupt or damage the nation’s grid.

10. TenneT, Hitachi Energy And Petrofac Announce Early Works Agreement For 2GW Projects 1/13/2023

    Today Dutch-German TSO TenneT, global technology leader Hitachi Energy, and international services company Petrofac, announce to enter into early works agreements in support of TenneT’s 2GW Program.