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Fluence, TransnetBW To Build 250 MW Energy Storage System

Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […]

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EV Industry On The Road To Goal 2030

Dr Irfan Khan, Founder & CEO, eBikeGo   The Government wants India to be a 100% electric vehicle nation by the year 2030.  Under the new government plan, every car that is sold in India from 2030 will be electric. Due to the competitive environment in the market, India’s auto industry has become one of […]

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DIF Announces Investment In Qair – 1GW Global Renewables Platform

DIF Capital Partners (DIF) has announced that it will be investing in Qair through its Infrastructure VII fund. Qair is a French renewable energy platform. The objective of the investment is to step-up the growth and portfolio build out. Last week, DIF had also announced an investment into 5 renewable projects in Australia and Europe. […]

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Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans

Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […]

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Coping With Volatility- The New Reality Of EPC Contracts

Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […]

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Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project

Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […]

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UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany

European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […]

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OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania

The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil corporation OMV Petrom will construct 450 MW of solar PV in the country. According to OMV Petrom, a total of over €400 million (US$390 million) will be spent on the installation of four solar parks- nearly triple the installed solar capacity in Romania. […]

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Chemours to Invest $200 Million in Hydrogen Tech Solutions

Delaware-headquartered Chemours Company has announced that it has planned a $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials to support the Hydrogen Economy.  Chemours is a global chemistry company with considerable market positions in titanium technologies, thermal and specialized solutions and advanced performance materials. The tackling of […]

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