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Statkraft inks 300 GWh RE PPA with German cement mfr

Statkraft, a hydropower company fully owned by the Norwegian state, has signed a further power purchase agreement (PPA) with OPTERRA, a German cement manufacturer, for the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables OPTERRA to further transition its plant operations to a […]

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Nordex Group receives 1.2 GW turbine orders Q1 2022

Germany-based manufacturer of onshore wind turbines Nordex Group recorded an order intake of 229 turbines with a total capacity of 1,165 MW in the first quarter of 2022 (Q1/2021: 1,247 MW). The share of the efficient and high-margin Delta4000 series amounted to 91 percent (Q1/2021: 73 percent). The Nordex Group received orders from ten European […]

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Global Battery Energy Storage Systems Market Set For CAGR Of 27.9% On Grid Modernisation

According to an analysis by ESOMAR-certified market research and consulting firm Future Market Insights, the battery energy storage systems market is expected to be valued at US$ 64.92 B in 2032, with 27.9% CAGR during the forecast period. The market’s expansion can be attributed to rising demand for grid energy storage systems due to ongoing grid modernization, increasing […]

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GE unveils turbine tower 3D printing facility in New York

Paris-based GE Renewable Energy has inaugurated a new research and development facility that will conduct research on how to 3D print the concrete base of towers used in wind turbines. The research will enable GE to 3D print the bottom portion of the wind turbine towers on-site at wind farms, lowering transportation costs and creating […]

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Log9 Materials Commissions Cell Manufacturing Facility At Bengaluru

Bengaluru-headquartered advanced battery-technology and deep-technology startup Log9 Materials has started India’s first indigenously-developed cell manufacturing facility at Log9 campus, Jakkuru, Bengaluru. Making cells indigenously is a key target for the country’s self reliance plans and to meet future electric mobility goals. This state-of-the-art cell manufacturing facility built by Log9 is going to be South East […]

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Atlas Signs PPA with Enel for supply of 1.3 TWh/year of Wind Power

The USA-based Atlas Renewable Energy announced that it has signed a long term power purchase agreement (PPA) with Enel Generación Chile for 1.3 TWh/year with the development of its first wind power project. The portfolio’s three wind projects total 417 MW throughout Chile, helping accelerate its clean energy transition. Atlas Renewable Energy is part of […]

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Hero Electric Partners with BOLT to set up 50,000 EV Charging Stations across India

Electric Two wheeler market leader Hero Electric has partnered with BOLT, India’s largest EV Charging Network, to set up 50,000 EV charging stations in India in the next one year. The announcement follows similar announcements involving Electric Pe, Sun Mobility and Massive Mobility that Hero Electric has already announced earlier. These cover the whole gamut […]

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European Commission Ponders Hiking Renewable Energy Target To 45% By 2030

The Ukraine-Russia conflict, and the vagaries of climate change might just have nudged the European Commission when it comes to its renewable energy targets. The European Commission is analyzing if the Union can achieve a higher aim of having 45% of its energy coming from renewable sources by 2030. Currently the European Commission has proposed […]

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MatterEnergy 1.0, An Active liquid-cooled 2 Wheeler EV battery Pack Debuts

Even as Battery safety is in the limelight thanks to recent incidents, Matter, the Ahmedabad-based technology start-up, has unveiled its MatterEnergy 1.0 battery pack. The firm claims that this first ever battery pack of its type in India comes with unique core characteristics such as an Integrated Intelligent Thermal Management System and a Super Smart […]

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