Author: Soumya Duggal

JinkoSolar, CATL to Partner on Solar-Storage Projects

Chinese module manufacturer JinkoSolar has signed a strategic cooperation framework agreement with global energy storage company Contemporary Amperex Technology Co. Ltd. (CATL). Under the agreement, the two parties will establish a long-term, stable and solid strategic joint partnership in areas such as the promotion of carbon neutrality in the industrial chain, global solar-plus-storage business development, […]

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UK-based Octopus Group Buys 181 MW Wind Farm in Australia

Octopus Australia has acquired the 181MW Dulacca Wind Farm in Queensland, Australia, from global renewable energy company RES. Once constructed, the wind project will consist of 43 wind turbines and generate enough electricity to power approximately 124,000 homes. Octopus Australia is a part of UK-based Octopus Group that manages over 260 renewables assets globally. In addition to […]

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New Digital Asset Helps Customers Offset Their Carbon Footprint

US-based Terrapass has launched Terrapass Coin (TPSC), a digital asset that works as an ERC-20 token on the Ethereum blockchain system. With Terrapass Coin, customers can own, buy, sell, trade, or offset their carbon footprint by managing their TPSCs received through designated Terrapass products, giving them control of their carbon offsets like never before, said […]

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Belgian Companies Unveil ‘World’s 1st H2-powered Excavator’

Belgian companies CMB.TECH (a hydrogen solutions firm) and Luyckx (a crane equipment manufacturer) have recently presented the “first hydrogen-powered dual fuel excavator,” which is meant to provide gradual ecological development within the heavy construction and earthmoving sector. With this machine, companies within the sector can embark on energy transition with today’s machines without being permanently dependent […]

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UK to Pump $1.2 B into Green Projects in India: 11th Eco & Fin Dialogue

At the 11th India-UK Economic and Financial Dialogue (EFD) held yesterday, Finance Minister Nirmala Sitharaman and UK Chancellor Rishi Sunak signed off a $1.2 billion package of public and private investment in green projects and renewable energy to boost India’s green growth ambitions. The dialogue saw the announcement of new steps to tackle climate change […]

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Shell & CoensHexicon to Build 1.4 GW Floating Wind Farm in South Korea

Shell Overseas Investment BV, a unit of Dutch oil and gas major Royal Dutch Shell, and CoensHexicon have established a joint venture to fund, develop, and operate MunmuBaram, a 1.4 GW floating offshore wind farm for South Korea. MunmuBaram is expected to power over 1 million homes once it begins operating. The two companies announced their […]

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Bacteria Could Lead the Way for Cheap & Green Energy Storage: Study

Cornell University bioengineer Buz Barstow, Ph.D. ’09, is trying to solve a big problem: How to build a low-cost, environmentally friendly and large-scale system for storing and retrieving energy from renewable sources such as wind and solar. Currently, there are no sustainable methods for storing green energy, as batteries are environmentally toxic. The answer may […]

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RWE to Procure 200 MW of Storage from LG for US Solar Project

German company RWE Renewables has signed contracts with South Korea-based LG Energy Solution to receive an integrated battery energy storage system (BESS) for two of RWE’s upcoming projects with co-located solar PV facilities in the U.S. “We’re delighted to join forces with LG Energy Solution to secure equipment helping us realize two important solar plus […]

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HOP Electric Mobility Starts Setting Up 2nd Unit in Jaipur

Jaipur-based two-wheeler maker HOP Electric Mobility is planning to expand its presence in multiple states, including Rajasthan, Punjab, Haryana, Uttar Pradesh, Gujarat, Telangana, Madhya Pradesh, Bihar and West Bengal. The company is setting up its second manufacturing facility in Jaipur to add capacity of 1.5 lacs units per year by February 2022. The company already has […]

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