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energy markets

Acciona Acquires 4 GW Solar Plus Storage Projects in the US

Acciona will acquire a portfolio of solar projects worth 3,000 MW and an additional 1.000 MW in battery storage from Tenaska in the US Spanish infrastructure and renewable energy conglomerate, Acciona has announced that it has signed an agreement with the US-based company Tenaska to acquire a portfolio of solar PV projects in seven states […]

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Next-Gen Battery That Combines Best of Lead and Lithium-ion Performance

Gridtential Energy and Crown battery have developed a new silicon wafer battery that they claim, combines the best of lead and lithium-ion performance. Gridtential Energy and Crown battery have developed a new silicon wafer battery that the two firms claim combines the best of lead and lithium-ion performance. Using technology similar to a solar cell, […]

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Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn

Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […]

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Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA

A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […]

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Scatec Solar Posts Strong Financial Results for Q3 2019

Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […]

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EDPR, Aker Solutions to Develop 500 MW Floating Wind Farm in S Korea

WindPower Korea, EDPR and Aker Solutions have formed a consortium to develop an initial 500 MW floating wind farm off the coast of South Korea WindPower Korea, EDP Renewables (EDPR) and Aker Solutions have formed a consortium with the ambition to develop an initial 500 MW floating wind farm off the coast of Ulsan Metropolitan City […]

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Scatec Solar Commissions 390 MW Benban Project in Egypt

Scatec Solar has grid-connected the last of the six 65 MW solar power plants in Egypt, marking the completion of the 390 MW Benban solar project in Egypt. Scatec Solar and partners have grid-connected the last of the six 65 MW solar power plants in Egypt. This marks the completion of the 390 MW Benban […]

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STMicroelectronics Launches Next-Gen Payment System-on-Chip with Increased Performance and Protection

STMicroelectronics has released the next generation of its STPay system-on-chip (SoC) payment solution, leveraging state-of-the-art technology to increase contactless performance and protection, reduce power demand, and significantly improve the user experience. The new STPay-Topaz family solution comes ready for embedding in smartcards, loaded with payment applications running on certified JavaCard platform, and meeting all required security and […]

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AfDB, CIF and CGC to Develop Green Financing Instruments for Africa

AfDB, in partnership with the CIF, has commissioned the CGC to prepare a study on the creation of national climate change funds and green banks in Africa. The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation […]

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