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BP To Invest Upto £50 Million In Electric Vehicle R&D Centre In UK

British Petroleum or ‘bp’ has announced plans to invest up to £50 million in a new electric vehicle battery testing centre and analytical laboratory in the UK. The company had already revealed its intention to invest up to £18 billion in the UK’s energy system by the end of 2030. Expected to open by the […]

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The Top 5: Most Attractive Countries for Renewable Energy Investment

The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […]

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Electrolux, SolarizEgypt to Cooperate In Solar Sector in Egypt

World’s leading manufacturer and supplier of electrical appliances, Electrolux has announced  entering into an agreement with SolarizEgypt for the establishment of a solar power plant at its factory. Electrolux said that the renewable energy will be utilized to produce washing machines, refrigerators, Delta electric water heaters, and stoves. As per the official statement, the pact […]

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Orsted Acquires Ostwind; Eyes Key Markets in Europe

Renewable energy player Orsted has announced the signing of an agreement with Germany based Ostwind, a leading German developer, owner, and operator of onshore wind and solar power projects in Germany and France. For a consideration of EUR 689 million, Orsted will acquire a 100 % equity interest in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & […]

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More Than 13 Lakh EVs Registered In India: Gadkari

More than 13 lakh electric vehicles (EVs) are registered in India excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep, the Minister of Road Transport and Highways of India, Nitin Gadkari, said in a recent written reply to the Rajya Sabha. The minister revealed that 2,877 public EV charging stations have been sanctioned in 68 cities […]

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Portugal Largest Floating Solar Plant is Ready To Generate Energy

The Portugal-based electric utility company, Energias de Portugal’s (EDP) floating solar plant in Alqueva (South Portugal) is ready to produce electricity after seven months of construction work. According to the company, this is a significant step in the advancement of renewable energies has been made with the start of operation of this project. Along with […]

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REC Group gets EU grant for solar factory in France

REC Solar has declared the award of a grant from the European Union for the construction of a 2 GW heterojunction (HJT) module factory in France. India’s Reliance Industries bought REC Solar in 2021. The company held previously that 2 GW per year of HJT modules that will be manufactured by it will have a […]

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US And Australia Ink New RE Pact To Break China’s Stranglehold

The US has inked a pact with Australia to break China’s stranglehold on clean energy technology supplies, according to a news report published. Addressing a joint press conference, US Energy Secretary, Jennifer Granholm, and the Australian Climate Change and Energy Minister, Chris Bowen, announced a “net-zero technology acceleration partnership” that places a premium on improving […]

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Endesa To Install 1,130 MW Wind and Solar Power In Spain

Utility major Endesa is building 27 renewable energy projects across Spain of more than 1,130 MW of capacity. The green energy projects are being developed through subsidiary Enel Green Power Espana (EGPE). The company has employed over 4,200 professionals on these renewable facilities this year. Luca Capuozzo, the company’s renewable construction manager, stated, “The solar […]

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