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Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor

“Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […]

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Jinko Solar Lays Claim As First To Deliver 100GW Solar Panels

One of the world’s leading solar module manufacturers, Jinko Solar has announced that it has delivered 100GW of solar modules globally thereby becoming the first company in history to achieve this milestone. It claims that one out of every ten solar modules installed in the world is  produced by Jinko Solar. The official statement reads […]

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Bulgaria May Add 4.9 GW of Renewable Energy by 2031

According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […]

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BMW to Manufacture Batteries for its EV Segment; Will Build 5 Gigafactories

Germany’s leading automaker BMW has said that it’s tying up with partners to build five gigafactories around the world that will produce batteries for its electric vehicles segment. The company has said that these gigafactories will be strategically positioned where BMW is already manufacturing electric vehicles. The idea is to cut logistics costs and expedite […]

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IElectrix-Shakti, A Smart Grid Demonstrator, Starts in Delhi

Indian Shakti Microgrid has been officially launched. Within a cooperation agreement signed by Enedis and TATA POWER Delhi Distribution Limited, the demonstration aims at showing in a district located in New Delhi, India, the IElectric-Shakti microgrid seeks to demonstrate how innovative solutions allow the implementation of Local Energy Communities (LEC) using local PV units and […]

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The Top 5: Biggest Automotive Semiconductor Manufacturers

One of the most unexpected impact of the Covid pandemic has been felt in the automotive sector, where an acute shortage of microchips has roiled production schedules worldwide. An unexpected consequence of the massive use of electronics in vehicles today, the overall surge in demand for all electronics after the first 12 months outpaced the […]

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U.S. energy storage market sets Q4 record for new installations: WoodMac

The U.S. energy storage market set a new record in the fourth quarter of 2021, with new system installations totalling 4,727 megawatt hours (MWh). According to Wood Mackenzie, a Verisk business, and the American Clean Power Association’s (ACP) latest U.S. Energy Storage Monitor report, recently released, Q4 2021 saw more capacity installed than in the […]

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AMPYR, Hartree Collaborate to Build 5GW of Solar Power in USA

AGP Sustainable Real Assets has formed a joint venture (JV) with Hartree Partners to develop 5GW of utility-scale solar projects across the US. The new joint venture is named AMPYR Energy USA and will be headquartered in New York. The new entity will leverage the experience of AGP that has developed large scale RE projects […]

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