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energy markets

Equinor, RES & Green Giraffe Partners for Floating Offshore Wind in France

Equinor, RES, and Green Giraffe join forces and form Océole, a partnership dedicated to developing floating offshore wind in France.  Océole will evaluate and work towards submitting bids in the upcoming floating offshore wind tenders held by the French government. Establishing this partnership is in line with the three companies’ ambition of delivering high-performance floating offshore […]

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RWE Builds Hydropower Coupled 117MW Battery Storage Systems in Germany

Essen-headquartered German multinational energy company, RWE has announced the construction of one of the largest and most innovative battery energy storage systems (BESS) in Germany. The BESS is coupled with the existing run-of-river hydroelectric power plants. The battery systems will be spread across two locations, as the company said that it will install a total […]

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Italian Oil Major Eni Acquires Big RE Portfolio in France and Spain

Italian oil and gas company Eni has acquired renewable energy portfolios in Spain and France through two separate deals: the acquisition of 9 RE projects totalling 1.2 GW capacity from Azora Capital in Spain; and the acquisition of the Dhamma Energy Group, whose solar projects at various stages of development in France and Spain have a cumulative capacity […]

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China Could Add 55-65 GW of Solar Capacity in 2021: China Solar Association

The Solar Manufacturing Association of China predicts that the country can add approximately 55 to 65 GWs of solar capacity in 2021. In a note on thursday, the association said that these additions could take total solar installations of China beyond 300 GW by the end of the year. However, the solar power installation reached […]

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Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx

UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into  EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […]

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Hero Lectro Cargo Launches Maiden Flagship Store in New Delhi

A division of Hero Lectro, Hero Lectro Cargo (HLC) has launched its first flagship store of cargo e-bikes in the upmarket Lajpat Nagar area of South Delhi to cater to its consumers in the last-mile e-commerce delivery sector. The flagship store will display the latest Hero LectroWINN cargo e-cycle (and its high range variant – […]

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Vikram Solar Inaugurates 1.3 GW Module Production Facility in Tamil Nadu

Gurugram-based Vikram Solar has unveiled a new solar photovoltaic module 1.3 GW manufacturing facility located at Indospace Industrial Park, Oragadam, Tamil Nadu. With this unit, Vikram Solar’s cumulative PV module manufacturing capacity reaches 2.5 GW, which the company claims is currently the largest in India. The new manufacturing facility, which was inaugurated by the state’s Chief […]

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Senior Director – Procurement, Global Intelligent Analytics

The Senior Specialist, Procurement – Market Intelligence will report into Manager, Procurement – Market Intelligence. The incumbent will be responsible for analysing the supply market, price trends, running market research, driving and building sourcing strategies. Will also take an active role in supporting the Global Category leaders – by providing actionable recommendations based on assessments […]

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Specialist – Procurement, Market Analystt

The Senior Specialist, Procurement – Market Intelligence will report into Manager, Procurement – Market Intelligence. The incumbent will be responsible for analysing the supply market, price trends, running market research, driving and building sourcing strategies. Will also take an active role in supporting the Global Category leaders – by providing actionable recommendations based on assessments […]

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