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Amazon Adds Record 8.3 GW of Renewables in 2022

Global e-commerce giant Amazon has added a remarkable capacity of 8.3 GW in 2022 in terms of renewable energy. The company has made these additions through 133 new projects in 11 countries. The official statement, the company held that now the total portfolio is over 20 GW which is enough to power 5.3 million U.S. […]

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Five Secrets About Solar & Wind Power You Should Know

As Solar and wind are becoming increasingly popular sources of renewable energy, detractors love to point to limitations like intermittency, efficiency as drawbacks. However, even as these drawbacks are being covered with the drop in storage costs and ever higher efficiencies for both these options, many people may not be aware of the reason solar […]

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RWE, PPC To Develop Five Solar Power Projects In Greece

Global energy players – RWE and PPC – have announced that they have taken the final investment decision for five photovoltaic projects in Greece through their joint venture company Meton Energy S.A. to help accelerate the Greek energy transition. In Meton Energy, RWE Renewables hold 51% stake while PPC Renewables has 49%. Thodoros Skylakakis, Greek […]

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BMW & Solid Power Partnership For Solid-State Battery Technology

Automakers are exploring the possibilities of enhancing battery technology seeking a fit with the growing expectations of the EV industry. Solid-state battery is one such technology that can disrupt the existing power storage market for EVs. As per some forecasts, the Solid-state battery market size will reach $13.15 billion by 2030 from $805 million in […]

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Marguerite To Invest EUR 60 Million In New Solar Platform

Luxembourg-based renewable energy provider Marguerite has announced that it will be investing up to EUR 60 million in an investment platform that will work to develop greenfield solar power projects. Marguerite held that the investment platform will seek to develop a portfolio of over 2GW of developed and in-development solar power plants in the coming […]

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Countries That India Can Seek Inspiration From For Renewable Investments

India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […]

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South Korea’s Battery Majors LG Energy & Hanwha Explore Partnership for BESS

South Korean firms LG Energy Solution and Hanwha, global giants in the world of global battery and renewable energy technology, are looking to set up battery storage centric manufacturing facilities. The units will be established in the US. The said firms have entered into a partnership to make headways into US battery energy storage system […]

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