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Bord na Mona to Build ‘1st Irish Dedicated RE Business Park’

Irish utility service provider Bord na Mona (BnM) is planing to construct a 200MW-plus hybrid energy park — the “first Irish dedicated renewable-energy business park.” The semi-state company said that the so-called energy park will be developed on more than 7,400 acres of its landbank in counties Meath, Offaly and Westmeath. It is expected to potentially […]

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Germany’s Encavis Buys 74.5 MW Wind Portfolio in France

Germany’s Encavis Asset Management has acquired five new wind farms in France, totalling 74.5 MW capacity, to implement the growth and diversification strategy for its special fund Encavis Infrastructure Fund II (EIF II). The seller of the renewable energy plants is the Swiss Axpo Holding AG, whose subsidiary Volkswind is responsible for planning, projecting and construction […]

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Requirement of Experienced Non-Executive Personnel- 2021

Indian Oil Corporation Limited (IOCL) is a diversified, integrated energy major with presence in oil, gas, petrochemicals and alternative energy sources. Empowered with the ‘Maharatna’ status, the organization renders overriding prominence to the energy needs of the country and aspires to be ‘The Energy of India’ and ‘A Globally Admired Company’. IndianOil has been featuring […]

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Shell Orders Singapore’s 1st Fully Electric Ferry Service from Penguin Intl

Anglo-Dutch energy giant Shell has awarded a contract to Singapore company, Penguin International Limited, to design, build and operate at least three fully-electric ferries which, when operational, will be the first fully-electric ferry service in Singapore and a first for Shell globally. Expected to set sail in the first half of 2023, the new 200-seater […]

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Global Fossil Fuel Subsidies Stand at $6 Trillion: IMF

New research produced by the International Monetary Fund (IMF) estimates global fossil fuel subsidies at about US$6 trillion (i.e. 6.8 percent of global GDP), with more than 70 percent reflecting undercharging for the environmental costs pertaining to the fuels, revealed IMF Managing Director Kristalina Georgieva at a recent UN energy summit. The IMF had previously estimated […]

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6K Lands $51 M for Advanced Battery Material Dev

Massachusetts-based 6K, which produces sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team, said the firm. Funding will also […]

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Enpal Raises €345 M for New Solar Projects in Germany

To accelerate the development of solar energy in Germany, solar solutions provider Enpal has secured debt commitments of €275 million from internationally leading investors BlackRock, Pricoa Private Capital (the private capital business of PGIM), and UniCredit in its recent round of fundraising. In addition, further institutional commitments of €70 million were signed in the form […]

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Chennai Central Turns Solar Central

The Puratchi Thalaivar Dr. M.G. Ramachandran Central or Chennai Central railway station, under the South Central Railway (SCR), has met the 100% day energy requirement target by solar panels installed on the platform shelters of the station. Informing about the same, Union railway minister Ashwini Vaishnaw tweeted, “100% Day energy requirement of Chennai Central Station […]

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Wary of China, Quad Nations To Focus on Solar Supply Chain

The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia’s Prime Minister Scott Morrison. The Quad nations, in their first in-person summit on Friday in Washington, agreed on a partnership to secure critical […]

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