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Praj Industries Brings New Biotechnology by Producing “Bio-bitumen”

One of India’s proficient biotechnology firms, Praj Industries today announced that it has achieved a milestone in innovation technologies by producing a Bio-bitumen based on lignin. As per the firm’s claim, Praj’s Bio-bitumen samples processed from purified Lignin, as a part of their flagship CHAPLIN program, have been approved by the Netherlands-based Circular Biobased Delta […]

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Maxeon’s New Silicon-based Solar Panels Coming Out This Summer

Headquartered in Singapore, solar manufacturer Maxeon Solar Technologies Ltd. announced today that it will release a new line of frameless, thin, lightweight, glass-less, and flexible silicon-based solar panels this summer called Maxeon Air. The panels will be made available in select European markets in the second half of 2021, before a general global release in the […]

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IEA Report Advises Shutting Out Fossil Projects Now, To Reach 1.5C Target

The International Energy Agency (IEA), one of the premier energy modeling agencies and until recently, a key backer of the perception that fossil fuel’s still have a future (of sorts), has finally changed track. In a recommendation that will surprise many people, and please even more who have been calling for the same, the agency […]

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Global EV Market To Reach $802.75 Billion By 2028: Report

A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […]

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SkySpecs Acquires Wind Energy Tech Companies Fincovi and Vertikal AI

Michigan-headquartered wind energy technology company SkySpecs announced today that it has acquired two of Europe’s premier wind energy companies: Fincovi, a leader in financial asset management, and Vertikal AI, a pioneer in predictive maintenance for wind energy. The combined entity brings together world-class data insight and automation to help wind farm owners and operators to […]

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Enel Green Power Commissions 15 MW Solar PV Plant in Mallorca

Rome-headquartered multinational renewable energy corporation Enel Green Power España (EGPE) announced recently that it has commissioned the new Nou Biniatria solar photovoltaic plant in the town of Alcúdia in Mallorca. This facility has an installed capacity of 14.96 MW and an expected output of approximately 24.84 GWh per year. Its parent company, the Enel Group, […]

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Members to Expand Cross-border Interconnections as Shares of Renewables Grow: IRENA

According to IRENA’s World Energy Transitions Outlook, to achieve climate goals, global electricity generation must expand three-fold by 2050, making grid flexibility exceptionally important as countries race to reduce emissions. Cross-border interconnection represents one of the key solutions to dealing with the variability of renewable power and grid stability issues. This topic was the focus […]

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Italian Firms ERG & Telenergia Sign 10-Year PPA for Green Energy Supply

ERG Power Generation and Telenergia have signed a ten-year corporate PPA (Power Purchase Agreement) for the supply of 3.4 Terawatt-hours (TWh) of green energy for the period 2022-2031. While the former is a subsidiary of ERG, primary independent producer of electricity from renewable sources, the latter is a subsidiary of TIM, leading group in Italy […]

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Swedish Company Exeger Raises USD 38 Million in Debt Financing

Sweden’s Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan […]

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