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Energy Transition

BrightSource Energy Switches from Oracle to Rimini Street for Support of Four Oracle Product Lines

Rimini Street, Inc., the leading global provider of independent enterprise software support services for SAP SE’s Business Suite, BusinessObjects and HANA Database software and Oracle Corporation’s Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion, Oracle Retail, Oracle Agile PLM and Oracle ATG Web Commerce software, today announced that BrightSource Energy, a global […]

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Dalmia Cement, Swiss Re and Helvetia Pledge to ‘Use Better Energy Better’

India’s Dalmia Cement, one of the world’s greenest cement company, and Swiss insurer Helvetia, have committed to 100% renewable electricity through RE100; a global, collaborative initiative of influential businesses working to massively increase demand for and delivery of renewable energy. RE100 is led by The Climate Group in partnership with CDP. The news comes on […]

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Mercedes-Benz Energy Storage Launched in US

Daimler AG expanded its stationary energy storage business to the U.S. market with the launch of Mercedes-Benz Energy Storage. Newly established Mercedes-Benz Energy Americas, LLC is assuming the development and sales of stationary energy systems for residential, commercial and utility applications for the North-American market. The company has Boris von Bormann, U.S. solar industry expert as […]

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Suzlon collaborates with Unisun Energy for 15 MW Solar Project in Telangana

Suzlon Group has announced a joint venture with the Unisun Energy Group for the development and construction of a 15MW Solar PV Project located at Bhainsa, Adilabad District, Telangana. According to the contract signed between Suzlon Group and the Unisun Energy Group on August 22, 2016, the Unisun Energy Group shall acquire a 49% stake […]

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Canadian Solar and Recurrent Energy announces a 15-year PPA for 100 MW of solar power in California

Canadian Solar and Recurrent Energy announced a 15-year Power Purchase Agreement (PPA) for 100 MWac of solar power in California with MCE. Power from the Recurrent Energy-developed 8 solar project, located in Fresno County, California, will supply MCE with 100 MWac of clean solar electricity, which according to the company is enough to power 48,300 […]

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Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited

Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […]

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New Solar Technology to use Desert Sand to Store Energy

Researchers in Abu Dhabi have tested a pilot device that can store solar energy in sand to improve the efficiency of power plants and provide energy during night. Developed at the Masdar Institute of Science and Technology, the device uses gravity to drain sand from a higher basin into a lower one, heating up the […]

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Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion

Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […]

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