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ET Energy

Actis Forms Blupine Energy to Develop renewable energy in India

Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […]

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Renewable Energy Supply Increases By 15.5 GW: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) market handbook on May 6. Compared to 7.7 GW installed in the previous FY, it is quite an improvement. However, it is a poor consolation given India has the […]

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Vitesco Technologies gets €2 billion order from Hyundai to deliver EMR4 axle drive

Further expanding its axle drive business, Hamburg, Germany based Vitesco Technologies has announced that the company has secured a €2 billion contract to supply its new generation axle drive EMR4 (Electronics Motor Reducer) to Hyundai Motor Group. In March, Vitesco Technologies had announced about the very order in its annual press conference but the name […]

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Energy Vault, Two Others Construct Gravity-Based Energy Storage in China

Energy Vault Holdings announced the groundbreaking for the first EVx deployment for gravity based energy storage system in China. The 100 MWh EVx system is being built adjacent to a wind farm and national grid site in Rudong located outside of Shanghai to augment and balance China’s national energy grid through the delivery of renewable […]

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Nestle’s Trucks in UK Switch to Renewable Energy

Nestle has revealed that its food and drink products will now be delivered around the UK and Ireland by trucks which emit up to 95% less carbon. Nestle has switched 75% of its owned fleet of trucks from diesel to Bio-LNG, a liquefied gas which is a by-product of waste. Nestle says that the move […]

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Coming Soon: A Low-Cost, Long-Term Energy Storage Battery From Imperial College

A team of engineers and chemists of Imperial College London recently developed a path breaking new battery design that could allow long-term energy storage at affordable price. It has polysulfide-air redox flow battery (PSA RFB) with two membranes as an alternative to the electrolyte vanadium, used in conventional redox flow batteries, which is typically expensive and primarily […]

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SmartEnergy and Prodiel form JV for Spanish solar PV

Swiss investment company SmartEnergy and Spanish solar developer Grupo Prudiel have joined hands to develop a 4GW pipeline of solar PV projects in Spain. Greenfield PV has swung into action with a team of more than 50 experienced development specialists working on the portfolio of projects. Besides, SmartEnergy acquired a project pipeline exceeding 1GW of […]

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World’s ‘largest’ solar carport opens in Netherlands

The Solar Carport Biddinghuizen — “the world’s largest solar carport” — has recently been opened in the Netherlands amidst the presence of influential decision-makers within the country’s sustainability sector. The 35-hectare Solar Carport was realized at the Lowlands Festival car park by Solarfields, a producer of sustainable energy and realizes solar energy systems. The company […]

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