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Europe

Tracker Maker Nextracker Set To Close Major Stock Offering

Leading tracker and software firm Nextracker has priced its stock offering at $24, the upper end of the price band indicated earlier. The pricing indicates strong demand among investors, besides the strong outlook for growth in it’s home market in North America and beyond. Expected to raise about $638 million by selling 26.6 million shares […]

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Chemical Czar LyondellBasell Signs PPAs for 560 MW Renewable Energy

Global chemical conglomerate LyondellBasell has announced that it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs in the United States to help decarbonize its operations. The combined additional contracts represent a total of approximately 560 MW of renewable energy capacity. As per the official statement, LyondellBasell has […]

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Vestas Claims An Answer To Recycle All Wind Turbine Blades

Wind turbines have become a crucial component in the fight against climate change, but what happens to the massive blades at the end of their lifespan? Landfills were the only answer, until now. Vestas Wind Systems is claiming a game-changing chemical process that it says could eliminate the need for landfill disposal and transform used […]

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Navigating India’s Energy Transformation Through JETP Approach

Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […]

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EU Awards €5.3 Million To REGACE Project For Agrivoltaics Solutions

The European Union (EU) has awarded €5.3 million to the REGACE Consortium to develop and demonstrate an innovative agrivoltaics technology by using CO2 enrichment to increase electricity yields. The grant has been made through the Horizon Europe Research and Innovation Programme of EU. The REGACE Consortium is composed of 12 partners from five countries. The […]

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Blueleaf Energy Onboards Anand Prakash as CIO & Amiram Roth-Deblon as COO

Blueleaf Energy, a firm that develops, finances, owns and operates renewable energy and storage assets in the long-term in the Asia Pacific region has announced the onboarding of its CIO and COO. Renewable energy veterans Anand Prakash will take over the reins of the firm as CIO while Amiram Roth-Deblon will join the organisation as […]

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TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023

French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […]

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India Joins Forces with UAE & France for Trilateral on Clean Energy

Together with France and the United Arab Emirates, India will collaborate on and look at opportunities worth exploring in the Indian Ocean region. In a telephonic exchange held recently, the Foreign Ministers of the said countries expressed an interest in uniting forces in the areas of solar energy, climate change and biodiversity. UAE’s Finance Minister […]

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China Fears Recede Somewhat, As EU’s Green Deal Industrial Plan Worries About US

If you thought that the renewed push for manufacturing in the US, EU and even India for that matter, was linked to countering China’s dominance of global manufacturing, think again. The European Union has finally released details of its $270 billion Green Deal Industrial plan to spur manufacturing in the continent. In what many see […]

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