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electricity

Sify to power its data centre business with wind and solar energy

Sify Technologies Ltd, an information and communications technology company, has signed a new deal with Singapore-based Vibrant Energy Holdings to procure 231 MW of electricity from solar and wind farms to supply the power needs of its hyper-scale data centres. It was announced by the two companies that the Indian firm inked power purchase agreements […]

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US Offshore Wind Bids Worth $1.54 Billion; More to Come on Thursday

The United States of America is conducting an important auction for offshore wind energy beyond the coasts of New York and New Jersey. The auction has attracted a record $1.5 billion in bids until now and the exercise will continue on Thursday as well, as informed by the U.S. Bureau of Ocean Energy Management (BOEM). […]

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Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market

Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […]

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Top 5 Ways to Increase Range of EVs

There are various ways in which the range of an Electric car may be enhanced. Although some of the latest electric models go over 300 km in a single full charge, so-called range anxiety remains a common malady among EV owners. That’s totally understandable though. Nobody would like to be stranded on the roadside with […]

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16 Megawatt Offshore Wind Turbine to Come Up in China

Chinese domination in the renewable energy sector continues with the latest announcement of wind turbine manufacturer MingYang Smart Energy’s plans to deploy two giant wind turbines, with 16 megawatts (MW) capacity each, in the South China Sea. Sources say that the installation will take place at the MingYang Yangjiang Qingzhou Four offshore wind farm. According […]

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Program Manager – H&D

Leads the cross-functional team to proactively identify, prioritize, implement, transfer to manufacturing, stabilize and monitor any modifications needed to release products across H&D business. Ensures that products meet external and internal customer quality needs, cost targets, assurance of supply, address component obsolescence and service needs. Gains agreement on achieving project objectives, balancing schedule, cost, quality […]

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$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg

The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […]

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Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio

Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […]

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ACEN Powers Up Philippines 1st Hybrid Solar-Storage Plant

ACEN, the listed energy platform of the Ayala Group, has switched on the first hybrid solar and energy storage project of the Philippines. The pilot 40 MW energy storage project located in Alaminos, Laguna, will allow the company to evaluate opportunities to store energy more effectively across the portfolio of ACEN, with the aim to […]

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