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Norwegian Company gets €957,000 Grant for Mobile Offshore Wind Units

Norwegian offshore drilling contractor Odfjell Oceanwind has been awarded a NOK 10 million (EUR 957,000) pre-project grant from Enova, Norway’s fund for climate and energy technologies, for maturing its first commercial contracts for Mobile Offshore Wind Units (MOWUs) and WindGrid for electrification of oil and gas installations. The grant is awarded under Enova’s full scale innovative […]

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India Added 601 MW C&I RE Generation Capacity in Q1 2021: Report

BRIDGE TO INDIA has launched a new quarterly report titled “India Corporate Renewable Brief,” which provides a detailed regular update on key trends and developments in the rapidly growing C&I renewable market. The study includes details of capacity addition, key players, policy developments, equipment prices, financing deals and other market trends. The first edition of this report […]

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Italian Oil Major Eni Acquires Big RE Portfolio in France and Spain

Italian oil and gas company Eni has acquired renewable energy portfolios in Spain and France through two separate deals: the acquisition of 9 RE projects totalling 1.2 GW capacity from Azora Capital in Spain; and the acquisition of the Dhamma Energy Group, whose solar projects at various stages of development in France and Spain have a cumulative capacity […]

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bp & EnBW make £10 bn Joint Bid for Scottish Offshore Wind Projects

Oil giant bp and Germany-based EnBW have submitted a joint bid, representing a a potential £10 billion investment, for Scottish offshore wind acreage which could support wind projects with 2.9 GW of capacity. The companies have applied for a lease area off the east coast of Scotland for the development of the project. But the bid seeks […]

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Maxeon Launches New PV Module, Extends its AC Series

Singapore-based solar company Maxeon has announced the entry of a new product – Performance 3 AC solar PV module – into its AC portfolio, following the introduction of the Maxeon 5 AC panel in late 2020. AC Energy Solutions combine Maxeon’s solar panel technology with advanced microinverter technology, offering a customizable solar solution to maximize […]

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BlackRock Real Assets Takes Over South Korean Offshore Wind Developer

A New York-based investment management company, BlackRock Real Assets today announced that it has taken over Korea Renewable Energy Development & Operation Holdings Co Ltd (KREDO Holdings). The global investment manager has made it its first-ever investment in the South Korean offshore wind sector with this acquisition. Also, it plans to spend more than USD […]

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Wind Farms in Brazil’s Northeast Hit New Peak Generation Record, Again!

The Brazilian Northeast wind parks generated their peak —11,548 MW — at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous […]

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GAIL To Invest Rs 5,000 Crore For 1 GWh of RE Portfolio

India’s government-owned natural gas corporation, GAIL Limited has announced to foray into Renewable Energy (RE) sector with targeting a 1 GWh RE capacity by investing around Rs. 5,000 Crores for setting up compressed biogas as well as ethanol plants. As the corporation is stepping up to establish its business beyond natural gas, GAIL will be […]

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Researchers Create 68.9%-efficient PV Cell for Laser energy Transmission

At the recently held 48th IEEE Photovoltaic Specialists Conference, researchers from the Fraunhofer Institute for Solar Energy Systems ISE presented their achievement of a record conversion efficiency of 68.9% for a photovoltaic cell under monochromatic laser light. The scientists at Fraunhofer ISE claimed the success, explaining that it was made possible with a special thin […]

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