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Energy Transition

Five Major Challenges India Can Face in Lithium Mining

In the latest development, the Geological Survey of India (GSI) indicated the presence of a large deposit of Lithium in the Degana region of Rajasthan’s Nagaur district. It is the second largest critical mineral discovery after the GSI discovered another significant source in the Reasi district of Jammu and Kashmir in February this year. While […]

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Repsol Picks Siemens Gamesa Turbines For Its 200-MW Wind Projects

Siemens Gamesa and Spanish petrochemical conglomerate Repsol have confirmed signing of two new contracts under which the global turbine maker will supply 40 units of its SG 5.0-145 onshore turbines for six wind farms in Spain. The total capacity of the six wind farms will be 200 MW. Following this agreement, Repsol will have eight […]

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Yes Bank Announces ‘YES KIRAN’ Solar Financing Scheme For MSMEs

Private sector bank – Yes Bank, which has come back to life after an RBI led intervention – has come up with a novel lending proposition that will help expand the solar power systems in the country in decentralised manner. Yes Bank has announced the launch of its new lending scheme called ‘YES KIRAN’ under […]

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EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations

EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000  over the next year. BluSmart boasts of […]

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Wärtsilä Grabs 114MWh UK Storage Project From EDF Renewables

Technology major Wärtsilä has bagged EDF Renewables order to deliver a grid-scale energy storage system (ESS) in Bramford, UK having a capacity of 57 MW / 114 MWh. The ESS project will support the transition to a decarbonised electricity system and help achieve the UK’s net zero goals. Wärtsilä said that the order was booked […]

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EE North America Acquires 700 MW Colorado Solar Projects

Renewable Energy developer EE North America has acquired a majority stake in two solar projects, Sandy Hill Solar and Sand Dune Solar – which together make 700 MW of capacity – , in Colorado. EE North America said that the joint venture with solar power developer Horus Energy is thereby accelerating the USA’s transition to […]

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Gothenburg Port Authority Claims Stake in 1 GW Swedish Offshore Wind Project

Gothenburg Port Authority has bought a minority share in the Swedish offshore wind farm of 1 GW (unbuilt) by Eolus, a wind power developer in the Nordics. The said offshore wind farm, which boasts of an installed capacity worth 1,000 MW in Sweden, will have the potential to produce 4-4.5 TWh of renewable electricity every […]

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First 29 Turbines of 100 MW Wind Farm in Ireland Kick Off Construction

The first 29 turbines of 100 MW Yellow River Wind Farm in Rhode, Co Offaly, Ireland, have kicked off construction. The project is being established by SSE Renewables, which is a developer and operator of renewable energy. Every turbine base will lend support to each of 29 Nordex N117/3600 wind turbines. The construction for the […]

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Ameresco & Sunel Group Bid in Unison for 1.5 GW Solar & BESS Projects in UK, Europe

US-based renewable energy firm Ameresco and the Sunel Group, an EPC contractor and developer for solar projects, have joined forces to bid for 1.5 GW of solar photovoltaic (PV) and battery energy storage system (BESS) projects. These projects are located in the UK and Europe across Greece, Italy, Spain, Romania. The said projects are presently […]

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