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First Solar

Vestas Secures Twin Orders Of 109 MW Turbine Supply

Danish turbine manufacturer Vestas has announced that it has received two separate orders for the supply of its turbines for a combined capacity of 109 MW to Argentina and Turkey. With regards to a wind energy project in Argentina, Vestas held that it has received an order that includes supply of 16 units of V150-4.5 […]

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FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe

French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […]

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BESCOM To Deploy Charging Stations On Toll Plazas Of Bengaluru-Pune Highway

A move that is expected to raise electric vehicle adoption in the state of Karnataka, Bangalore Electricity Supply Company Limited (BESCOM) has planned to set up fast electric vehicle (EV) charging stations at toll plazas on the national highway that connects Bengaluru and Pune – the big metros of the region. BESCOM will deploy these […]

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Ørsted To Acquire US Offshore Wind Seabed For $625 Million

Danish RE major Ørsted has agreed to acquire 50% interest from Eversource Energy in the uncontracted federal offshore wind lease area currently owned jointly by the two companies against a consideration price of $625 million. In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational […]

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Kerala to Welcome Special Zone for Electric Vehicle Industry

Kerala will soon welcome a special zone for the electric vehicle (EV) industry. The announcement was made by Industries Minister for the state, P Rajeeve. It is being held that the special zone will host battery production, technology development and other areas that delve into the EV sector. The minister further stated that the government […]

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IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023

The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […]

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RWE Is Now Sole Owner Of 1.6-GW Nordseecluster Offshore Wind Project

RWE has said that it has strengthened its position in the German offshore wind market as it has become the sole owner of 1.6-GW cluster of offshore wind farms in the German North Sea. The Nordseecluster, consisting of four sites located north of the island of Juist, was formerly co-developed with Canadian company Northland Power, […]

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LGES, Hyundai Motor Form JV for $4.3 Bn Battery Manufacturing

Global EV conglomerates LG Energy Solution (LGES) and Hyundai Motor Group have announced an EV battery cell manufacturing joint venture in the USA by signing an MoU. Under the agreement, LGES and Hyundai Motor will produce EV batteries in the USA and further accelerate the electrification efforts of Hyundai Motor in North America. The signing […]

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India Among Top 5 Global Destinations In RE Investments: IEA Report  

A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets.  The global report also termed the Indian solar market ‘dynamic.’ However, […]

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