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X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects

Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the […]

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BorgWarner Increases South Carolina Battery Production by 3GWh

America’s one of the leading automotive supplier BorgWarner has announced that will be investing $42 million into the expansion of its Seneca, South Carolina production facility. The investment will be allocated to building and equipment upgrades as well as the development of new manufacturing lines to launch the production of 3GWh of annual battery module […]

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NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems

The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC […]

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BPCL Targets 240 MW Renewables Expansion This Fiscal

Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […]

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Spain’s First Hybrid Wind-Solar Plant To Be Brought To Reality By Iberdrola

Iberdrola is building the first hybrid wind and solar plant in Spain that will come up in Castilla y León region in the province of Burgos. Iberdrola held that it’s constructing two solar PV plants of 41 and 33 MW each. Both solar projects will employ more than 170,000 solar modules and will be located […]

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KPI Green, UAE Company In Agreement For Renewable Energy Solutions

Surat-headquartered KPI Group has partnered with Tristar Transport LLC – UAE based company – for the development of eco-friendly energy solutions for regions like the Africa, Asia Pacific, Middle East, America and Europe. KPI Group that owns KPI Green Energy, and Tristar Transport has inked a joint business development agreement for the purpose. As per […]

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Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report

A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR).  The researchers claimed that the main thrust to the market would be […]

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In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation

Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […]

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UK Offers £30 Million For Capture & Storage Of More Renewable Energy

Renewable businesses, in locations including Scotland and Nottingham, are set to benefit from a £30 million support that has come from the UK government in terms of designing and testing innovative technology of the future that will modernise energy system and storage for renewable energy for later use. UK Government has said that capturing and […]

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