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Wärtsilä, Eolian Complete 200 MW Standalone ESS in Texas

Finnish engineering company firm has announced that it has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian, a portfolio company of Global Infrastructure Partners. The two ESS projects are called Madero and Ignacio plants that will be operated using Eolian software, […]

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LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia

Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […]

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IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital

A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […]

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ISA & UNDP Launch Pilot Solar Projects in 10 African Member Nations

The International Solar Alliance (ISA) and UNDP announced the launch of ISA’s first programme, Scaling Solar Applications for Agriculture Use (SSAAU), in ten African ISA Member Countries: Benin, Democratic Republic of Congo, Mali, Niger, Republic of Sudan, Senegal, South Sudan, Togo, Tuvalu, and Uganda. The programme is slated to be implemented over the next two […]

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LG Energy Solution (LGES) to Build $5.5bn Battery Plant in Arizona

LG Energy Solution (LGES) will invest about $ 5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). LGES said that this […]

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With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act

Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the  European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […]

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Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative?

Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […]

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Ascend Elements to Supply 5,000 Metric Tons of Recycled Lithium to Koura

Westborough-based Ascend Elements, a lithium-ion battery recycling and engineered materials company, will supply Koura with up to 5,000 metric tons of recycled and recovered lithium carbonate per year. Manhattan-based Koura is an Orbia business and one of the world’s largest producers of fluoroproducts and advanced technologies. Ascend Elements said that Koura will use the recycled […]

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