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France Top Destination for Renewable Energy Investment in G20: Report

France gains the 1st position due to an overall favorable environment for renewables, leading the G20 in investment attractiveness of renewables. France has overtaken Germany as the most lucrative destination for renewable energy investment in the G20 bloc, Allianz Climate and Energy Monitor 2018 has found. “France gains the 1st position due to an overall […]

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Siemens Bags Wind Turbine Order for 263 MW in Four Countries

The type of turbines that will be supplied will be within a performance range between 2.3 and 4.1 MW, the company said in a statement. Siemens Gamesa Renewable Energy (SGRE) has announced securing major turbines order, total 263 MW spread across Sweden, Norway, Germany and Turkey. The type of turbines that will be supplied will […]

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Green Bank Network Earmarks $10 Billion for Green Projects

Green Bank members invest across multiple technology platforms such as wind, utility, and small-scale solar, energy efficiency, low-carbon transport etc,. Green Bank Networks, specialized financial institutions involved in financing green projects, are expected to shell out $41 billion in as capital for projects around the globe. Green Bank members invest across multiple technology platforms such […]

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Hungary Plans to Fully Rely on Renewable Energy by 2030

An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […]

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Fortum to Install Sweden’s Biggest Battery to Support Grid Stability

Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […]

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NTPC signs Agreement with EV Aggregators for Developing Charging Infra

The agreement signed between Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car and NTPC will lead to development of charging infrastructure. To increase the availability of public EV charging infrastructure, National Thermal Power Corporation (NTPC) has signed an agreement with Vehicle Aggregators for development and utilization of the facility. The agreement signed between Ola, […]

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Freyr Energy Secures Rs 27 Crore in Series A Funding

Freyr Energy will use the funding to strengthen the technology aspect of their operations while enhancing the sales and marketing networks. Hyderabad-based Freyr Energy, a solar rooftop startup, has raised Rs 27 crore from C4D Partners, a Netherlands-based Impact Investment Fund in Series A. Prior to this, Freyr Energy had secured seed funding from Doen-Participaties, […]

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Delta India Industrial Automation New Product Launch 2018 – Developing Indian Market With the Latest Offerings

Delta’s Industrial Automation Business Group (IABG) has just brought a grand new product launch campaign at 4 cities across India: Pune, Gurgaon, Ahmedabad and Chennai from November 14 to 21. Delta showcased it’s new Industrial Automation products with around 600 customers and channel partners during the events, and received an overwhelming response. The campaign successfully developed various […]

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EIB Expands Cooperation with SBI in Wind Energy Financing

With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […]

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