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Vestas to Shut Down Three Offshore Wind Factories in Europe

Wind turbine maker Vestas is shutting down three of its European factories in Germany, Spain, and Denmark as part of the integration of its offshore business. The Danish company intends to cease production at its factories in Lauchhammer, Germany; Viveiro, Spain and Esbjerg, Denmark. “Today’s fast-moving energy transition, rapid introduction of new products and recent integration […]

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Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026

Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […]

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NextEnergy’s International Solar Fund to Acquire 42.3MW Polish Portfolio

NextPower III ESG, the international solar fund of NextEnergy Capital, has agreed to acquire a 42.3MW solar PV project portfolio in Poland, marking NPIII ESG’s first acquisition in the country. Completion is expected to occur in Q4 2021 once all assets are constructed and energised. The solar PV project portfolio has been awarded a Contract for […]

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Battery Maker EnerVenue Raises $100 M in Series A Funding

US-based EnerVenue has raised $100 million in Series A funding, which was led by Schlumberger New Energy and accompanied by Saudi Aramco Energy Ventures (SAEV, the corporate venture capital program of Aramco Ventures) and others. Additionally, EnerVenue announced the framework for a major distribution and manufacturing agreement with Schlumberger New Energy to significantly expand global […]

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Aussie Firm Stirs Market with Silver-free Cell at Record 25.54% Efficiency

Sydney-based solar technology startup SunDrive has reportedly made a breakthrough, producing a a silver-free commercial-size silicon solar PV cell with a record breaking efficiency of 25.54%. The previous record was held by LONGi for its commercial-size monocrystalline heterojunction (HJT) solar cell that achieved an efficiency of 25.26% during testing at ISFH earlier this year. The German […]

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A PLI Scheme For Inverters Could be a Game Changer for India

For Fimer India, ever since it completed its acquisition of ABB’s Solar Inverter business in March 2020, it has been all about building on it in India. Present in the country since 2010, it’s not like the firm was not known brand in India. Just that they are suddenly in the top tier, with plans […]

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“An Electric Future Is Nearer Than We Think”, Mohal Lalbhai, Matter

Matter is a technology start-up set-up by Mohal Lalbhai, a scion of the Lalbhai Group from Gujarat know more for their textile empire. Founded in January 2019, Matter is a two-year old start-up that seeks to introduce frugal and innovative solutions in the energy storage space which would include batteries for mobility applications, stationary applications, […]

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Tata Motors signs a PPA with TATA Power For 3 MWp Solar Rooftop At Its Pune plant

Tata Motors has signed a Solar Power Purchase Agreement with Tata Power to install and operate a 3 MWp rooftop solar project at its Passenger Vehicle Business Unit (PVBU) plant in Pune. This solar rooftop project is expected to generate nearly 45 lakh KWh per year, reducing carbon emissions by approximately 3,538 tonnes per year. […]

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Saudi Arabia Gets Serious About Solar to Meet National, Youth Aspirations

Saudi Arabia is on a tight deadline. The kingdom has set itself some of the most ambitious economic and social targets in the region, with an aim to revamp its economy completely. Underpinning this drive for change is its youth population, now better equipped than ever to contribute productively. Not only does the kingdom want […]

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