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Japan’s First Large-Scale Offshore Wind Farm Goes Online

Reports unanimously indicate that Japan holds vast potential for the development of wind energy. The island country’s coastline is expansive at nearly 30,000 km, which promises great potential for offshore wind energy. Despite the favourable conditions, Japan is trailing behind wind power leader countries like Denmark, UK and Germany. In fact, Japan is the fifth […]

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Malaysian Power Firm TNB Enters UK Solar Power Projects

Malaysian multinational electricity conglomerate Tenaga Nasional Berhad (TNB) has announced that it has signed an Engineering, Procurement & Construction (EPC) contract with BELECTRIC GmbH (BELECTRIC) for the construction and commissioning of 102 MW solar farms in the United Kingdom (UK). The official statement of TNB held that the deal was signed on December 14, 2022, […]

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Enfinity Global Raises €142 Million For 112 MW Solar Projects In Italy

Leading US-based renewable energy and sustainability services provider Enfinity Global Inc has closed EUR 142 million in long-term and VAT financing, and LCs facilities for the construction of three utility-scale solar power plants in Italy. The combined total capacity of the three solar power plants will be 112 MW. The 112 MW portfolio is located […]

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German Developer ib vogt Sells 206 MW Solar project In Finland

International solar developer ib vogt has sold a 206 MWp solar PV project to Finnish energy company Helen. The solar farm is located in Kalanti, Uusikaupunki, in South-West Finland and is ready to be built. As part of the offered turn-key solution, ib vogt will provide full EPC, O&M and Asset Management services and start construction […]

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CATL Starts Battery Cell Production In German Plant – First Outside China

Leading global battery supplier CATL has announced that its cell factory in Germany has begun deliveries. Contemporary Amperex Technology Thuringia GmbH (CATT), the first plant of CATL outside of China, has kicked off serial production of lithium-ion battery cells in December as scheduled. CATL said that this marks another milestone on its global journey. The […]

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Solar Trackers Surge; Poised To Reach 37,196.86 MW Globally by 2031

As per a recent report by a US based market research firm, Transparency Market Research (TMR), the global solar trackers market is likely to reach an installed capacity worth 37,196.86 MW in another nine years. In 2020, the annual installed capacity of solar trackers stood at 6998.8 MW. By 2031, the annual installed capacity will peak […]

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European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs

Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus,  is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […]

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Li-ion Battery-Maker NorthVolt Aims to Build World’s Greenest Battery Cell

Northvolt is a Sweden-based startup which develops sustainable lithium-ion batteries in conjunction with R&D, industrialisation, and recycling to support clean energy. The Li-ion battery maker was founded in 2016, with a mission to build the greenest battery in the world. The firm provides electrification and renewable energy storage designed for lithium-ion battery plants to produce […]

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Financial Agreements Signed to Fund World’s Largest Green Hydrogen Project in Neom

Neom Green Hydrogen Company (NGHC) has signed multiple financial facility agreements with local, regional and international banks and financial institutions to support the construction of the world’s largest green hydrogen production plant in Neom, the sustainable city project in Saudi Arabia. The quantum of funds committed by the lenders with Saudi Industrial Development Fund (SIDF) […]

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