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Automotive Li-ion Battery Market Projected to $74.3 Bn by 2024, Report

As per the P&S Intelligence market research report, the automotive lithium-ion battery market size was valued at USD 24.2 billion last year. The market share for automotive lithium-ion (li-ion) battery is projected to reach USD 74.3 billion by 2024, progressing at a CAGR of 15.9 percent during (2019-2024), said the market research report. As per the P&S […]

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Intersect Power Inks Long-term PPA with Direct Energy for 250 MW Solar Project

Moreover, the Athos I project is likely to kick start construction in June 2020 and Athos II in October 2020. Utility-scale renewable energy developer Intersect Power has signed a long-term power purchase agreement (PPA) with Direct Energy Business for Intersect Power’s 250 MW (MWAC) solar project. Direct Energy Business is a part of Direct Energy, one of North America’s largest […]

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Massachusetts Selects 804 MW Mayflower Wind Proposal

Mayflower Wind has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from offshore wind to the electricity customers within the state Mayflower Wind Energy, a joint venture of Shell New Energies and EDPR Offshore North America (EDPR), has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from […]

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ABB to Connect World’s Largest Offshore Wind Project to UK Grid

ABB has been selected to connect the world’s largest offshore wind farms in the Dogger Bank region to the UK transmission network. ABB has been selected by UK-based SSE Renewables and Norwegian firm Equinor to supply its high-voltage direct current (HVDC) Light converter systems to connect the world’s largest offshore wind farms in the Dogger […]

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Global Wind Technology Tenders Down 26 percent in Q3 2019

Wind technology tenders activity in Q3 2019 saw a drop of 26 percent over the last four-quarter average of 58. Wind technology tenders activity in Q3 2019 saw 43 tenders announced, marking a drop of 26 percent over the last four-quarter average of 58, according to a new analysis. According to GlobalData’s power industry tenders […]

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ACWA Power Bags 250 MW Solar Projects in Ethiopia’s PPP Programme

ACWA Power has been awarded 250 MW solar projects by the PPP-DG of the Ethiopian Ministry of Finance. ACWA Power, a leading international developer has announced that it has been awarded 250 MW (2*125 MW) solar photovoltaic (PV) projects by the Public-Private Partnership Directorate General (PPP-DG) of the Ministry of Finance in Ethiopia. ACWA Power […]

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RES Secures Permit for Wind Plus Storage Project in Australia

RES has secured planning permission for the 185 MW Twin Creek Wind Farm and battery storage facility in Adelaide. RES, one the world’s largest independent renewable energy company, has secured planning permission for the 51-turbine Twin Creek Wind Farm and battery storage facility, 90 km to the north of Adelaide. Following development consents for the […]

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Lightsource BP Gets Debt Financing for 200 MW Australian Solar Project

Lightsource BP has signed a senior debt facility with ING and Export Development Canada to fund its first Australian solar project worth 200 MW. Lightsource BP has announced that it has signed a senior debt facility with ING and EDC (Export Development Canada) to fund its first Australian solar project. The 200 MWp solar installation, […]

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Blackrock and GE Backed Firm Raises $250 mn to Fund Distributed Solar Projects

DSD, the business-backed by BlackRock and GE Renewable Energy, has announced the closing of a USD 250 million fund to invest in future solar projects Distributed Solar Development (DSD), the business-backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy, has announced the closing of a USD 250 million fund financed by […]

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