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The Firms Reliance Bet On For Storage and Cell Manufacturing

One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […]

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ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project

Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […]

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New Zealand’s Infra Investor Infratil Creates Australia-Focused Renewables Platform

New Zealand-based infrastructure investor Infratil Limited has established a new renewable energy platform with exclusive focus on Australia – Mint Renewables Limited. Infratil announced that it is investing in Mint Renewables alongside the Commonwealth Superannuation Corporation (CSC). The investment will be managed on behalf of Infratil and CSC by Morrison & Co. Infratil informed that […]

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Haliade-X Turbine By GE Renewable Energy Is Now Most Powerful

Haliade-X wind turbine by GE Renewable Energy is officially the most powerful wind power turbine to have ever been installed on the planet. GE Renewable Energy has announced that its Haliade-X wind turbine, the first 12 MW+ turbine built, has received a full type certificate for operations up to 14.7 MW from DNV GL, the […]

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US, Canada, India will Make up 80% of Global Expansion of Biofuel Use: IEA

A study titled “Analysis and Forecast to 2027” has been released by the IEA (International Energy Agency). The IEA’s main analysis of the industry, Renewables 2022, is based on recent changes in market conditions and policy. It projects the adoption of renewable energy technologies for electricity, transportation, and heating through 2027 while also examining the […]

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Solar Recycling Picking Up Pace

The strong growth of the solar energy sector in the recent year – especially in the last decade – and the constant call for ‘circular economies’ citing environmental concerns will be harbingers for the solar recycling industry. The value of recovered raw materials from discarded solar panels has the potential to increase up to $450 […]

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EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World

Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […]

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Global Solar Installs On Course For 222 GW in 2022, Rethink Energy

Research firm Rethink energy reckons  global solar installations are on track for 222 GW of installations during 2022, and manufacturing output shows that next year this will rise by even more as solar manufacturing surges. This demonstrates that the solar industry has shaken off the drag of high polysilicon pricing, and now prices will be […]

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EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding

The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […]

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