SunEdison, the world’s largest renewable energy development company has acquired the energy storage project origination team, project pipeline, and subject to customary consents and assignments, four operating storage projects from Solar Grid Storage, a leader in deploying combined energy storage and solar PV systems.
A National Bank of Abu Dhabi (NBAD) Report: Financing the Future of Energy, which was launched yesterday at the Global Financial Markets Forum in Abu Dhabi identifies the need for innovative approaches to financing the energy infrastructure to meet future demand. Energy demand in the Gulf is expected to triple in the next fifteen years far outstripping today’s supply. Closing the global energy gap will require $48 trillion of investment over the next 20 years in projects that provide additional energy generation capacity and improve the efficiency of energy use.
Windows that act as solar panels, an engine which runs on landfill emissions and Europe’s biggest battery are all a step closer to reality after receiving a share of £24.5 million of government funding.