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AGL, Australia’s biggest energy retailer and climate polluter, is making a real effort to clean up. It announced today that it has signed an MOU with Finnish energy services provider Wärtsilä to develop new hybrid energy systems that integrate renewable behind-the-meter and off-grid technologies so as to provide its commercial and industrial customers having requirements […]
Waaree Energy Storage System (WESS) has announced that it has raised USD 2 million in seed funding from an HNI investor. The energy storage division of the WAAREE group – Waaree Energy Storage System (WESS) has announced that it ha raised USD 2 million in seed funding from an HNI investor. As per the firm, the […]
The United States Department of Energy (DOE) has announced USD 24.5 million to support manufacturing of resilient, modern electricity infrastructure, flow battery systems, and to address the climate emergency. According to DOE, the funding opportunities will uphold research and development (R&D) for the materials and technologies needed to expand the grid with new, clean-energy sources, […]
Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […]
Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […]
A new report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow to reach USD 12 billion by 2029. Wood Mackenzie’s latest report shows that the global offshore wind operations and maintenance (O&M) market is expected to grow 16 percent annually to reach USD 12 billion (EUR 10 billion) […]
Renewable Energy & Environmental Finance group funded 500-plus projects in 32 states Wells Fargo Renewable Energy & Environmental Finance (REEF) today announced it recently surpassed $10 billion in tax-equity investments in the wind, solar, and fuel cell industries. Wells Fargo has invested in more than 500 projects, helping to finance 12% of all wind and […]
South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […]
Ashok Leyland has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. Ashok Leyland, the flagship commercial vehicle manufacturer of the Hinduja Group has announced that it has increased the sourcing of clean energy to 60 percent for its countrywide operations. The firm has detailed that now […]
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