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GE Renewable Energy

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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Babcock & Wilcox to Aquire Majority Stake in US Solar Firm

Babcock & Wilcox Enterprises has signed a definitive agreement to acquire a majority ownership stake in Illinois-based solar energy contractor Fosler Construction Company, aiming to significantly enhance its capabilities in solar energy. The transaction is expected to close at the end of September 2021, subject to customary closing conditions. Fosler Construction will be part of […]

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Japan Partners with Australia on Green H2 Supply Chain

Four Japanese companies, Iwatani Corporation, Kawasaki Heavy Industries, Kansai Electric Power, and Marubeni Corporation, have signed a memorandum of understanding with two energy infrastructure companies headquartered in Australia, Stanwell Corporation Limited and APT Management Services Pty, to jointly implement a feasibility study of the Central Queensland Hydrogen Project (CQ- H2). This project will produce hydrogen […]

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Maha Govt, JSW Sign MoU for Green Projects Worth ₹35,500 Cr

The Maharashtra government and power major JSW Energy Ltd have signed two MoUs to set up two green projects worth Rs 35,500 crore. The agreement is part of the slew of initiatives under the state government’s Magnetic Maharashtra 2.0 initiative, started last year, to focus on stimulating investment and growth. “The two new projects will […]

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NREL Study Chalks Out Plan for Zero-carbon Grid Using Solar

By 2035, solar energy has the potential to power 40% of the USA’s electricity, drive deep decarbonisation of the grid, and employ as much as 1.5 million people—without raising electricity prices, finds a new study released by the U.S. Department of Energy (DOE). The study titled “Solar Futures Study” calls for massive and equitable deployment […]

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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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“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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ISA Could Be Welcoming the US As Member Soon

Reports quoting news agency IANS have claimed that the US is likely to join the International Solar Alliance (ISA) at some stage soon. For the ISA, the move, if it happens, will be more than welcome, as the organisation pushes to meet its core objectives of using a solar fuelled energy transition to mitigate emissions […]

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NHPC Invites Bids for 45 MW Solar EPC Project in UP

NHPC Limited has invited bids for the engineering, procurement, and construction (EPC) of a 45 MW grid-connected solar power plant in Uttar Pradesh. Along with associated power evacuation equipment, the project also includes operation and maintenance support for a period of five years from the commissioning of the PV plant. The project, which NHPC has tendered on […]

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