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Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway

Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […]

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Topsoe Unveils Plans To Build World’s Largest Electrolyser Plant

Denmark based decarbonization major Topsoe is going to build in Herning the world’s most advanced electrolyser production plant in order to meet society’s need for Power-to-X solutions. In this field, the company has the leading technology to decarbonize hard-to-abate sectors such as transport, chemicals, steel, and cement. A statement released by the company mentioned that […]

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Ericsson, Deutsche Telekom successfully operate 5G site with hybrid RE

Ericsson has announced a successful trial on Germany’s telecom player Deutsche Telekom‘s 5G-enabled network and has said that this could pave the way for major advances in sustainable mobile site operations with renewable energy  while optimizing power supply and demand. A major goal of the Ericsson-DT partnership is to identify and validate energy efficiency and […]

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GoodLeap Securitizes $467 Million Residential Solar Loan

Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […]

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Mahindra Will Seek Partnerships To Source EV Components

Anish Shah, Chief Executive Officer of Mahindra and Mahindra, has said that the company has planned to source components from other players in order to give fillip to its electric vehicle portfolio. A week ago, Mahindra and Mahindra had announced its strategic collaboration with Volkswagen where the latter was to equip the EVs of the […]

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Evonik Launches New Processing Aids For Improving Photovoltaic Wafer Cutting

German speciality chemicals firm Evonik has launched its new processing aids portfolio under the brand name TEGO® Surten E in China. The firm claims that new additives improve the performance and efficiency of photovoltaic (PV) wafer cutting, leading to better overall performance and production efficiency of solar modules. With many countries, including China, pledging their […]

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Solarspace Ropes In Krishan Sharma To Lead Asia Pacific Solar Business

Leading solar cell and module manufacturer Solarspace has onboarded Krishan Sharma as the Vice President (VP) to lead its Asia pacific solar business. Sharma was previously at Renesola India. For Solarspace, India is a key market, as it remains one of the largest suppliers of solar cells for module manufacturers in the country. Sharma, with […]

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EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025

Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […]

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WAAREE Energies Builds Order Pipeline Worth $2.37 billion

Waaree Energies Limited, one of the major players in the solar energy industry in India focused on photo-voltaic (PV) module manufacturing has bagged new orders worth USD 2.37 billion from India and International markets to supply high efficiency bifacial solar panels of 540Wp and 600Wp. These panels will be produced in Waaree’s manufacturing facility using […]

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