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Global Offshore Wind Energy Market Size to Reach USD 81 Billion by 2030

A new report by insightSLICE has found that the global offshore wind energy market size was USD 23 billion in 2019 and has predicted that the market will reach USD 81 billion by 2030 at a CAGR of 12 percent. According to International Energy Agency (IEA), the offshore wind generation turbines with capacities reaching a []

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Ford to go All-Electric by 2030, all Vehicles to go Electric in Europe

Ford Motor Company has announced it is taking a significant step forward in its European transformation with a commitment to go all-in on its electric passenger vehicles and to substantially grow and electrify its leading commercial vehicle business.  Ford says by mid-2026, 100 percent of its passenger vehicle range in Europe will be zero-emissions capable, []

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Solid-State Li-ion Battery Firm QuantumScape Issues Q4 Results

America based solid-state lithium-metal EV battery manufacturer QuantumScape has released its quarter fourth (Q4) and Full Year 2020 (FY20) results for the first time as a publicly-traded company. Interestingly, the fourth quarter of 2020 was historic for the company as it developed its business combination with Kensington Capital Acquisition on November 25, 2020, and became []

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Vestas Ventures Invests in Wood Technology Startup Modvion

Vestas Ventures invests in wood technology start-up Modvion, to create sustainable products and low-carbon value chain Vestas, the global leader in sustainable energy solutions, has invested in Swedish wood technology company Modvion, in a move towards creating fully sustainable products and solutions, and reducing carbon emissions from our value chain. The investment sees Vestas becoming []

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Tigo Energy Crosses Threshold of 75 GWh of Cumulative Reclaimed Energy

Performance improvement demonstrated in over 18,000 installations for installers like Project Solar UK Tigo Energy, Inc., the solar industry worldwide leader in Flex MLPE (Module Level Power Electronics), announced today that the company has surpassed 75 GWh of Reclaimed Energy since 2009 for worldwide installations utilizing the companys industry-leading optimization solutions. Reclaimed Energy is the []

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Novel Two-polymer Membrane Boosts Hydrogen Fuel Cell Performance

Scientists have designed a highly conductive hydrogen fuel cell ion-exchange membrane using two readily available polymer materials Fuel cells are an attractive sustainable energy source due to their eco-friendly by-product, water. However, existing fuel cells are either expensive or low performance. Now, scientists from Korea have designed a robust and highly conductive fuel cell ion-exchange []

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200 MW Solar Project Largest in West Africa to Come up in Nigeria

B&S Power and Sunnyfred Global to design, develop, finance and construct West Africas largest solar PV project in Nigeria. B&S Power, a Singapore based renewable energy corporation, and Sunnyfred Global, a Nigerian investment entity, have concluded arrangements in collaboration with other stakeholders and Technical Partners, to Design, Develop, Finance and Construct West Africas largest solar []

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Canadian Solar Closes Japan Green Infrastructure Fund at $208 Mn

Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund securing USD 208 million of committed capital Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund (JGIF). Canadian Solar will partner with Macquarie Advisory & Capital Solutions (Macquarie), the advisory and capital markets arm of the Macquarie Group. Macquarie []

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Trimark Wins SCADA Mandate for 2165MWh Terra Gen Storage Project

Trimark Associates, has won the rights to the SCADA portion of the Edwards & Sanborn project, the worlds largest solar-plus-storage (PV+BESS) project currently under construction. Located in Kern County, California, the project weighs in at 1,118 megawatts (MW) of solar and 2,165 megawatt-hours (MWh) of energy storage. The project is owned by Terra-Gen, while Mortenson Construction acts as the Engineering, []

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