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Ruchira Green to Setup Rs 200 Cr Li-Ion Battery Plant

A leading manufacturer of lithium batteries and allied products, Ruchira Green Earth has announced that it is looking to double its manufacturing capacity of Lithium-ion batteries by setting up a Li-ion batteries plant worth Rs 200 Crores. This will support the Aatmanirbhar Bharat Abhiyan and increase the domestic EV manufacturing opportunities in the country. As […]

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UK Charts Course for Net Zero North Sea: WoodMac

Ambitious transition deal sets tough targets as UKCS players face tricky balancing act The UK government and the country’s oil and gas sector recently agreed a deal to leverage the upstream industry’s capabilities, accelerate the energy transition and help the North Sea reach net zero by 2050. A significant opportunity exists to create a supply […]

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Atlas Secures Finance for 359 MW Solar Project in Brazil

Atlas Renewable Energy, a leading renewable energy company in the Americas, announced today that it has obtained a USD 150 million loan from IDB Invest, a member of IDB Group, and from DNB Bank ASA (the largest financial services group in Norway) to finance the construction of its Lar do Sol – Casablanca project, a 359MWp solar project to be […]

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Ginlong Technologies (Solis) Achieves Another Year of Strong Sales Growth in 2020

Ningbo, China-Ginlong Technologies Co.,Ltd. (Solis) published its 2020 annual report. In 2020, the Company’s revenue reached 321.6 million, an increase of 83% year-on-year. Net profit attributable to the shareholders was USD 48.9 million, an increase of 151% year-on-year. Net profit after the deduction of extraordinary items was USD 43.1 million, +130% year-on-year. Net cash flow […]

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Equinor Ties up With Eni’s Norwegian RE Firm for Floating Wind Projects

Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Equinor and Vårgrønn have signed a collaboration agreement to jointly apply for offshore wind acreage in Norway for the Utsira Nord area. Through a collaboration agreement Equinor and Vårgrønn a Norwegian renewable energy […]

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IHS Renewables Markets Attractiveness 2020 Rankings: US #1; India #6

London-based American-British information provider IHS Markit Ltd has released the results of another Global Renewables Markets Attractiveness Rankings for the period ending December 2020, which tracks the world’s countries’ attractiveness for investment for non-hydro renewables (offshore wind, onshore wind and solar PV). As the Biden Administration aims to significantly increase federal investment in renewable energy under […]

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StoreDot Joins Pioneering Research Mission on ISS to Test Extreme Fast Charging in Space

StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces that together with the Israeli Electric Company (IEC) it has been approved by NASA to conduct the first space-based research and development program into new battery materials. As part of the Israel Space Agency and The Ramon Foundation’s pioneering […]

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‘Roadmap 2030’ : New India-UK Partnership Against Climate Change

At the India-UK Virtual Summit (Roadmap 2030 for a Comprehensive Strategic Partnership) held on Tuesday, Prime Minister Narendra Modi and the British Prime Minister Boris Johnson signed off on a new shared roadmap which will pave the way for a stronger engagement over the next decade in the key areas of people to people contacts, trade […]

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