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First Solar

Adani Green Energy Buys 3 SPVs from Inox Green Energy

Leading renewable energy company Adani Green Energy has revealed that it has acquired three entities from Inox Green Energy Services Limited (IGESL), a subsidiary of INOX Wind that is a wind power operation and maintenance (O&M) service provider. Each of the three entities holds 50 MW operational wind power projects at Dayapar, Gujarat. The three […]

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Siemens Gamesa Wind Turbine Claims to Break Energy Generation Record

Siemens Gamesa has said that one of its offshore wind turbines has broken the record of most power produced by a single turbine in one day. The company held that its SG 14-222 DD offshore wind turbine prototype generated 359 MWh of energy in a time period of 24 hours. This capacity of electricity, the […]

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Green Marketplace Reneum Raises $4.1M Pre-Seed Funding Led by Ajeej Capital

The blockchain-based green energy marketplace Reneum Institute has announced that it has secured a $4.1 million pre-seed funding round led by Ajeej Capital, a major player in the Dubai investment sector. Reneum just graduated from the polygon-backed accelerator program run by Outlier Ventures and is an investor. Reneum is additionally supported by the MENA and […]

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ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy

Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […]

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ONE To Invest $1.6 20 GWh In Michigan Cell Factory

Michigan-based energy storage technology company Our Next Energy (ONE) will be investing $1.6 billion in a new battery cell manufacturing plant, called ONE Circle, in Van Buren Township, Michigan. Once operational it will have an annual full capacity of 20 GWh by the end of 2027 which will be equivalent to 200,000 electric vehicle battery […]

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Sixt to Buy 100,000 BYD EVs for European Fleet in Next Six Years

Global mobility service provider, Germany-based Sixt and world’s largest manufacturer of New Energy Vehicles, BYD, have signed an agreement under which Sixt has ordered several thousand of pure-electric vehicles from BYD initially, the first of which will be available for Sixt customers in Europe in the last quarter of 2022. As per Sixt, the initial […]

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Canada’s Electrovaya to Build Lithium-Ion Gigafactory in New York State

Global lithium-ion battery technology and manufacturing firm Electrovaya has announced that its first US-based gigafactory will come up in New York State for the production of cells and batteries. Electrovaya said that it will set up operations at a 137,000 square foot plant on a 52-acre campus near Jamestown, New York. Electrovaya informed that the […]

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Orb Energy Secures Follow-On Funding from US DFI

Bangalore-based Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United States International Development Finance Corporation (DFC) to support its unique in-house financing facility for rooftop and ground mounted solar customers in India. Damian Miller, the CEO and Co-founder […]

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