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Iberdrola Secures €550 Million Loan For Renewable Projects In Spain

Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […]

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First Solar Signs Global Supply Agreement With Akuo Energy For 500 MW

US-based solar module manufacturer, First Solar has announced a new renewable energy Global Supply Agreement with Akuo Energy, a France-based independent global renewable energy player. Through this agreement, First Solar will supply 500 MW of thin film PV solar module to Akuo Energy. As per the Agreement, First Solar will provide 200 MW for a […]

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German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition

Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […]

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Saudi Arabia Looks To Double RE Capacity Through Tenders

The Kingdom of Saudi Arabia is mulling to double the renewable energy tenders this year and give a fillip to the clean electricity availability. According to reports, the country will continue the spree in 2023 for faster development in the solar power and wind farm projects. The Energy Minister Saudi Arabia has an online capacity […]

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eBikeGo To Establish Manufacturing Plant For Domestic, Global Market

The electric two-wheeler mobility platform eBikeGo has announced its plans to expand footprint beyond the shores. Popular brands like Muvi and Velocipedo of eBikeGo will make their presence felt in a new market outside of India when the new manufacturing plant begins to produce electric bikes through subsidiary arm, Vajram Electric. Not just powertrain, but […]

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Volkswagen Creates Charging Station Made with Used EV Batteries

Volkswagen has said that it has commissioned its first battery energy storage facility in Germany with reused modules from the pre-production of the Volkswagen ID.3 and ID.4. This has come at a time when the electric vehicle charging infrastructure has become central to the growth of the EV sector across the globe and countries, including […]

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Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project

Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […]

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AAI Decarbonises 14 Airports With 100% Renewable Energy

14 airports out of 125 airports, falling under the Airport Authority of India, have achieved decarbonisation with 100% renewable energy. Running on renewable energy to meet the operational requirements, the list of carbon free airports includes Tezu airport, Kangra airport, Kullu airport, Shimla airport, Jammu airport, Srinagar airport, Leh airport, and Imphal airport, Dimapur airport, Puducherry […]

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