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Energy Transition

France’s Lhyfe to Produce Green H2 from Solar Energy in Germany

French green hydrogen producer Lhyfe has signed its first project powered by solar photovoltaics in Germany, which is intended to serve local industries, transport companies, filling stations and municipalities. The 5 MW plant, which will be wholly owned by Lhyfe, is expected to up to 1200 kg of green hydrogen a day. Construction of the site […]

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NextEnergy Capital Divests its 149MW Italian Solar Portfolio

London-based solar investor NextEnergy Capital has announced the sale of the entire portfolio of operating solar projects owned by NextPower II (Fund) in Italy. The Fund’s portfolio comprises 105 individual solar plants for a total installed capacity of 149 MW. Its plants are located across Italy, in regions including Piedmont, Lombardy, Veneto, Tuscany, Puglia, Sardinia, […]

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Energy Vault to Help Korea Zinc Subsidiary Produce Green Zinc

Energy Vault is partnering with Korea Zinc, a company involved in non-ferrous metal smelting production, such as that of zinc, lead, silver and rare metal indium, for renewable energy storage. Through this partnership, Korea Zinc aims to decarbonize its refining and smelting operations, focused initially under its wholly-owned subsidiary Sun Metals Corporation. The companies expect to […]

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Amp Energy Commissions 13.5MW Solar Power Project in Maharashtra

New Delhi-based Amp Energy India has recently commissioned a 13.5 MW solar power project for cement manufacturer Orient Cement. The 13.5 MW project will supply solar power to Orient Cement’s manufacturing facility in Maharashtra from Amp’s open access facility in Gurgaon village, district Osmanabad in the state. Orient Cement has signed a Power Purchase Agreement (PPA) […]

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Octopus Energy, Sterlite Power Sign MOU For Green Power Systems

UK based  1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […]

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UP is at a Crossroads in its Electricity Transition: IEEFA-Ember Report

Uttar Pradesh (UP) has fallen behind other power-intensive Indian states in terms of delivering on renewable capacity targets due to several delays, inducing anxiety in electricity developers. A new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and energy think tank Ember says urgent action is needed to get back on […]

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Europe & US Boost Their Domestic Wind Energy Industries

Announcements of new projects and partnerships — Vineyard Wind 1, Valmont SM’s new wind turbine tower factory at Port of Esbjerg, and the Nigg Offshore Wind factory, to name a few — indicate that Europe and the US are ramping up their wind manufacturing capacity to gain a strong foothold in the much anticipated renewable energy-powered […]

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Energy Major Equinor Buys 45% Stake in UK Battery Maker Noriker Power

Equinor has signed an agreement with Noriker Power Limited, a battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage. In […]

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US Firms Malta, Bechtel to Jointly Explore New Energy Storage Projects

Malta Inc., a Massachusetts-based developer of grid-scale, long-duration energy storage, and Bechtel Corporation, an engineering, construction, and project management company based in Virginia, are teaming up to pursue new energy storage projects around the world. The companies will work together to develop and deploy Malta’s 10-150+ hour energy storage technology in a variety of grid-scale […]

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