Subscribe to our newsletter to get the latest scoop right into your inbox.
The Union Power and New & Renewable Energy Minister RK Singh, on July 27 said the renewable energy capacity will reach over 500GW by 2030. In his message at the launch of a report of The Energy Resource Institute (TERI), Singh said, “By 2030, the total capacity for power production would be about 820GW. Out […]
In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […]
MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […]
Germany-based automotive manufacturer Volkswagen Group has announced partnership with Energy Web, a Germany-based nonprofit building operating systems for energy grids. Under this collaboration, Volkswagen’s Elli and Energy Web have developed a new smart charging solution enabling EV owners to charge their vehicles with renewable electricity that is matched directly with the vehicle’s real-time electricity consumption. […]
State-Owned company, Energy Saving Services Ltd. (EESL) will make an investment worth Rs 150 crores to scale up 100 energy efficiency projects in several industrial facilities across various industries. EESL, a joint venture run by the ministry of power, said of this initiative, “To augment the use of energy efficiency solutions in the industry sector, […]
Chennai-based renewable energy company SunEdison has launched a new kind of solar roof and gazebo collection in the Indian market. SunEdison designed this new solar solution in collaboration with ARKA Energy. A new set of integrated residential PV systems with exquisite and aesthetic looks help customers “Go-solar-in-style.” The state-of-the-art ‘ARKA Collection’ of products was […]
Global telecom conglomerate Vodafone has launched a global competition where players are invited to come up with innovations that can lead to generation of renewable power at mobile phone tower sites itself. Vodafone has joined hands with Vodacom, which is its Africa-based sister company as well as Vantage Towers, its European tower business. In the […]
Switzerland-based, Asea Brown Boveri (ABB) has announced its collaboration with Microsoft Techto work on ‘Energy Efficiency Movement’. ABB launched this movement in March 2021, by which ABB raised awareness and spur action to reduce energy consumption and carbon emissions to combat climate change. This is a multi-stakeholder initiative. Till now many small firms and companies […]
Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […]
Subscribe to our newsletter to get the latest scoop right into your inbox.