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energy markets

IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects

Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […]

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Bharathi Cement Goes Solar With 10 MW Facility in Andhra

Bharathi Cement has commissioned a 10 MW ground-mounted solar power plant in its manufacturing facility at Kadapa in Andhra Pradesh One of India’s leading Cement manufacturer, Bharathi Cement has announced that it has commissioned a 10 MW ground-mounted solar power plant in its manufacturing facility at Kadapa in Andhra Pradesh, as part of its long-term […]

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Siemens Gamesa Begins Negotiations for Senvion’s European Assets

Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […]

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Volkswagen Unveils Its Affordable Electric Car ID.3

The electric car Volkswagen ID.3, which first made an appearance as a concept car in September 2016 at the Paris motor show has come a long way as the parent company is all set to start production of this electric car and launch it next year. The German carmaker and one of the world’s leading […]

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US Residential Storage Market Sees Record Growth in Q2 2019

A new analysis has revealed that a record 35 MW of residential storage was deployed in the US in Q2 of 2019, more than in any other quarter on record A new analysis has revealed that a record 35 megawatts (MW) of residential storage was deployed in the US in the second quarter (Q2) of […]

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Europe Solar Technology Contracts Activity Drops 64% in Q2 2019

Europe solar technology contracts in Q2 2019 saw 51 contracts announced, marking a drop of 64 percent over the last four-quarter average of 143 contracts Europe solar technology contracts in the second quarter (Q2) of 2019 saw 51 new contracts announced, marking a drop of 64 percent over the last four-quarter average of 143, according […]

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65 GW of European Onshore Turbines Need Upgrade or Replacement by 2028

A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028 and will be needing upgrades or replacement A new report has revealed that 65 GW of European onshore wind turbines will reach end-of-design-life by 2028. From 2019 to 2028, an average of 4 GW of turbines per […]

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India, China to Collaborate in R&D for Manufacturing Improved Solar Cells

India and China have agreed on cooperation in the R&D of new and improved technology for the manufacturing of solar cells India and China have agreed on cooperation in the Research and Development (R&D) of new and improved technology for the manufacturing of solar cells from alternate material with improvement in their conversion efficiencies. Both sides have […]

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European Utilities, Strategic Vendors Dominate EV Charging M&A Activity

Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […]

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