India has approved $2.1 billion in ISTS energy transmission projects
The Indian government has authorized 23 interstate transmission system (ISTS) projects worth Rs158.9 billion ($2.1 billion) to be developed across the country. Raj Kumar Singh, Union Minister of Power and Minister of New and Renewable Energy (MNRE), gave his approval…
To stabilize the grid, a Texas business employs Bitcoin mining powered by renewables
A Texas-based energy technology startup has secured $150 million to build Bitcoin mining farms that use sustainable energy. Lancium's expansion strategy includes the creation of 2,000 megawatts of capacity throughout its Clean Campuses, which are located in places where renewable…
OPEC considers the shift from oil to renewables to be risky
According to the Organization of Petroleum Exporting Countries (OPEC), the narrative that the energy shift is from oil and other fossil fuels to renewables is "misleading" and "possibly hazardous." This comes only hours After the release of the Glasgow Climate…
Spain’s energy cooperatives are leading the way in harnessing solar energy
As the government signals a shift in regulations that favor energy conglomerates, community efforts are gaining traction. The government declared that some of the current renewable energy allocations will be in small lots rather than enormous tranches that only giant…
Geothermal energy in the Netherlands is a result of foresight
A joint venture with 85 Degrees Renewables has been formed, with the potential to construct 200MW of projects. The infrastructure fund of Foresight Group Holdings has undertaken a joint venture investment in up to 200MW of geothermal energy in the…