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World Bank

Microsoft Datacenter Batteries To Support Growth Of Renewables On The Power Grid

Global software giant, Microsoft has announced that it will deploy its ‘grid-interactive UPS technology’ at the datacenter maintained by the company in Dublin, Ireland later in 2022. The objective is to demonstrate that these kinds of technologies can help decarbonize power grids across the world. Microsoft holds that the renewable energy from 400 wind farms […]

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Senior Designer – Electrical

Depending on size of the Job, Senior Designer will be designated as ‘Lead Designer’ for the Project. Estimating the design & drafting man hours required for the Project. Prepare man hour forecast and monitor drafting progress. Preparation and review of all the required drawings/documents. Primary Duties Preparation and review of Bill of material for proposals/jobs. […]

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Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe

Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the  increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […]

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Hindustan Power Exchange Commences Operations

India formally welcomed it’s third power exchange on June 6, as Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission. Backed by the latest technology and a series of innovative features, the exchange promises to offer […]

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GE Commissions 180-MW Bajoli Holi Hydro Project In Himachal’s Chamba Region

The 180-MW Bajoli Holi Project, consisting of three units of 60 MW each, in Chamba district of Himachal Pradesh has been commissioned by GE Renewable Energy‘s Hydropower business 7 years after bagging the contract in March 2015. the project was commissioned on behalf of GMR Energy, the operator for the project. Connected to the grid […]

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“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration”

Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […]

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Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market

To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both […]

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IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition

The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENA’s Director-General Francesco La Camera and the […]

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ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA

The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […]

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