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Canada’s e-Zinc raises $25 M to advance long-duration energy storage

Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […]

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“European Quality Product Below Chinese Prices Is Our Edge”, Sandeep Goyal

A thriving solar inverter market in India shadows the overall growth of solar, and is poised strongly till 2030 and beyond.  Pyramid Electricals  is one of those rare Indian firms that have come up the hard way in the electronics  sector. With their own R&D, technocrat founders, and now, plans to scale up to large […]

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Solar resource variability in key global markets increases scrutiny on solar asset performance: Study

A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments,  has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […]

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Former Tesla engineer-designed battery at Bengaluru startup gets European order

In a boost to domestic manufacturing, one of the world’s most energy dense batteries designed by a former Tesla engineer for a Bengaluru-based battery startup has been picked up by a European renewable energy company, Eren Groupe, for its storage applications, the startup’s co-founder said on Sunday. The development has opened up possibilities of use […]

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Top 5 US solar parks

Solar power is more affordable, accessible and widely used in the United States today than it was ever before. The progress and potential of solar power development in the country is staggering. Solar power capacity of the US has grown from approximately 0.34 GW in 2008 to approximately 97.2 GW in 2021. Markets for solar […]

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1,500-1,600 MW wind energy capacity to be added in 2022-23: Ind body

Wind energy capacity addition during 2022-23 is expected to be about 1,500-1,600 MW and will be about 2,000-2,500 MW in the next year, a top wind turbine industry body official said on Thursday. Last fiscal, the total wind power capacity that was added in the country was about 883 MW, Indian Wind Turbine Manufacturers Association […]

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Mitsubishi, Shell to build wind farms to manufacture green hydrogen

Japan’s leading trading player Mitsubishi Corp and Britain’s oil giant Shell Plc are in discussions to collaborate for producing green hydrogen by developing major offshore wind farms in Europe to give a push to the global quest for decarbonisation. As per media reports, by 2030, the companies will create 400,000 tonnes of green hydrogen every […]

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