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Wartsila Wins Contract For Delivering Australias Largest Energy Storage Project

Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australias largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems.  These Eraring batteries will be stationed at Origins Power []

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Department Of Science & Technology Invites Bids To Establish Hydrogen Valley Innovation Cluster

The Union governments Department of Science and Technology (DST) has now sought an Expression of Interest (EOI) to establish Hydrogen Valley Innovation Clusters in India.  The department, through the tender, has asked the interested parties to bid to prepare a Detailed Project Report (DPR) on the issue and take up the project.  The purpose of []

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BorgWarner Increases South Carolina Battery Production by 3GWh

Americas one of the leading automotive supplier BorgWarner has announced that will be investing $42 million into the expansion of its Seneca, South Carolina production facility. The investment will be allocated to building and equipment upgrades as well as the development of new manufacturing lines to launch the production of 3GWh of annual battery module []

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ETO Motors Rolls Out 45 E-Autos with Women Drivers at Delhi Metro Station

ETO Motors, a firm that deves in EMaaS (Electric Mobility as a Service) has introduced 45 electric L5 three-wheelers with women driver partners at Kalkaji Metro Station in New Delhi. This is ETOs second launch in the city. Earlier, the firm had launched 36 E3Ws at Azadpur Metro Station for LMC service in December 2022. []

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IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia

The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW []

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EBRD Loans $200 Million to Turkish Renewable Energy Developer

The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkeys Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial []

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NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems

The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC []

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UK Renewable Energy Developer Field Sets Sights on Multi-Gigawatt Battery Projects in Italy

UK-based renewable energy developer Field has set sights on expanding operations into Italy. The firm is mulling over the development of a multi-gigawatt portfolio of battery storage projects across Italy. Field is looking at the acceleration of the deployment of large-scale battery storage projects in the country. The firm will look into the operation of []

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Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments

Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and []

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