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Fourth Partner

Reliance In Deal With Stiesdal To Develop And Manufacture Electrolysers

Continuing with its slew of deal making this week, Reliance New Energy Solar (RNESL), a subsidiary of Reliance Industries has announced a partnership with Danish company Stiesdal A/S to develop and manufacture hydrogen electrolysers. These are the final, critical part of the chain to produce green hydrogen, with energy for the electrolysers coming from renewable […]

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Vensys to Supply Turbines to Repower RES’ 24 MW WInd Farm in France

RES SAS, the Turkey-based subsidiary of RES, has ordered 16 turbines from German gearless wind turbine manufacturer Vensys for the repowering of 24 MW of the Souleilla-Corbières wind farm in the south of France. The deal is for Vensys62 1.5MW gearless machines with hub heights of 49 meters. Souleilla-Corbières currently has a capacity of 20.8 MW […]

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Vestas & Casa dos Ventos to Build 189 MW Wind Project in Brazil

Danish wind turbine manufacturer Vestas has signed a new agreement with Casa dos Ventos for a 189 MW wind project in Rio Grande do Norte, Brazil. As the fifth contract between the companies, the order takes the cooperation to surpass the 1.7 GW mark and highlights Casa dos Ventos’ position as Vestas’ largest customer in […]

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TRIG Completes Buyout Of StatKraft Solar Projects in Spain

Norwegian state-owned firm Statkraft has confirmed the sale of a portfolio of solar projects in southern Spain for an undisclosed sum to The Renewable Infrastructure Group, (TRIG), managed by InfraRed Capital Partners and RES. Statkraft will maintain responsibility for the construction of the four solar parks, which will be co-located in Cadiz and have a total […]

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Indonesia to Build Solar Projects on Erstwhile Mine Sites

Indonesian coal miner PT Bukit Asam plans to build three solar power projects on former mine sites as part of its expansion into renewable energy, the company’s chief executive Suryo has been quoted as saying in media reports. State-controlled Bukit Asam has reserved land in West Sumatra, South Sumatra and East Kalimantan provinces, with the […]

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UK-based Octopus Group Buys 181 MW Wind Farm in Australia

Octopus Australia has acquired the 181MW Dulacca Wind Farm in Queensland, Australia, from global renewable energy company RES. Once constructed, the wind project will consist of 43 wind turbines and generate enough electricity to power approximately 124,000 homes. Octopus Australia is a part of UK-based Octopus Group that manages over 260 renewables assets globally. In addition to […]

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Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding

Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding.  We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […]

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Czech Auto Major Skoda Runs Dealership on 2nd Life Lithium Ion Batteries

Skoda, the Czech automobile manufacturer is powering its dealerships in Prague using power generated through second-life lithium-ion batteries from its PHEVs and BEV models. It has announced plans to install power hubs made from its own old electric vehicle (EV) batteries, across its retailer network around the country. This comes under a partnership of Skoda […]

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These 5 Firms Moved To Solar in 2021. How Many Will Follow?

Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […]

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