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North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050

In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […]

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IKEA, SunPower Launch Home Solar Offering in California, USA

Global furniture store owner IKEA US has teamed up with SunPower, a  solar technology and energy services provider, to make home solar energy solutions easier to access in select California locations. The official statement of IKEA held that members of the IKEA family customer loyalty program will be able to purchase home solar solutions, available […]

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REI Expo 2022 Curtain Raiser

Informa Markets India, the country’s leading exhibitions organiser, is set to host the 15th Crystal Edition of Asia’s largest expo in the RE space, the Renewable Energy India Expo 2022, from September 28 to 30 at India Expo Mart, Greater Noida, Delhi-NCR. At a press meet to announce the event, Informa Markets stressed on the […]

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Ohmium to Supply 343 MW of Green Hydrogen to Tarafert’s Mexico Facility

Ohmium International, that delves in designing, manufacturing, and deployment of PEM Electrolyzers for green hydrogen, has said that it has signed an agreement to provide 343 MW of green hydrogen electrolyzers to Tarafert in Mexico. Tarafert is a developer of large-scale urea fertilizer and green ammonia with its production facility in Mexico. The official statement […]

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POSCO, Greenko Collaborate to Produce Green Hydrogen, Ammonia in India

Global steel conglomerate POSCO Holdings and Greenko subsidiary ZeroC have announced that they have signed a strategic partnership under which the two companies will delve into the production of green hydrogen, ammonia and other derivatives in India. The renewable energy production will be meant for both domestic and foreign consumption. POSCO Holdings revealed that the […]

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Volkswagen Says E-Van ID.BUZZ Has 10,000 Orders in Advance

German automaker Volkswagen has said that it has received orders of more than 10,000 units for its newly launched ID. Buzz electric van. Volkswagen plans to manufacture a mere 15000 units of the electric van this year. This implies that most of its stock is already sold out before even the deliveries begin in Europe. […]

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Enfinity Global Raises $242 Million Funding For Solar Plants

Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […]

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From $316.05M To $530.2M, Enphase Almost Doubles Revenue in Q2 2022

California-based microinverter manufacturer Enphase Energy has announced its consolidated results for the second Quarter ending June 2022. Enphase reported a 42.2% non-GAAP gross margin & $530.2 million in revenue in the second quarter of 2022, while the second quarter of 2021 was $316 million along with a 40.8% non-GAAP gross margin. In Q2 of 2022, Enphase […]

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Intrakat Collaborates With Parkwind To Develop Offshore Wind Energy In Greece

A new partnership has been announced between Belgium based Parkwind and Greece’s Intrakat to jointly develop offshore wind opportunities in Greek waters.  Bringing offshore development experience and a deep knowledge, the two companies bring forward complementary competences in offshore development and local infrastructure experience. François Van Leeuw, co-CEO, Parkwind, said, “With a partner like Intrakat, […]

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