Home » Daily Newsletter » US On Course For Record 32 GW Solar Capacity Additions in 2023
A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth...
The Board of Directors of ReNew Energy Global plc has accepted the resignation of Kedar Upadhye as the Chief Financial Officer of ReNew Energy Global Plc, on September 6, 2023.Upadhye’s resignation will be effective on October 30, 2023. Upadhye is resigning to pursue an opportunity...
Hitachi Energy India Limited (Hitachi Energy) has won a contract from Ayana Renewable Power, an Independent Power Producer in the country, to provide a grid connection solution for their upcoming 300-megawatt (MW) solar photovoltaic power plant in Bikaner, Rajasthan. Hitachi Energy has been working closely...
Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real...
A joint venture by ESB and Coillte, FuturEnergy Ireland, has joined hands with Greencoat Renewables for its pipeline of onshore wind projects exceeding 1 GW. Over 500 MW is expected to sold to Greencoat by decade end by way of a strategic framework structure. Greencoat...
The latest data from the newly launched Clean Mobility Shift dashboard claimed that Delhi is spearheading the race to adopt electric buses nationwide. The latest sales figures in 2023 claimed that Delhi witnessed the sales of 442 electric buses this year, the highest by any Indian state/UT. Moreover,...
Magenta Mobility, a provider of electric mobility and EV charging solutions has secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of...
Insufficient downstream demand has put a damper on both supply and demand in the EV battery market. TrendForce reveals that the ASP of EV cells in China fell below CNY 0.6/Wh in August. The average price drops of EV square ternary cells, LFP cells, and pouch ternary...
UK-based Varco Energy, an owner of energy storage, has selected GE Vernova to supply battery along with related equipment for a 57 MW (138 megawatt-hour) transmission-connected battery near Liverpool, United Kingdom. The Native River project will begin construction this quarter and will be linked to...
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