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Turbine Orders in EU Fall 36% in Third Quarter: WindEurope Report

The new report by WindEurope – Wind Turbine Orders Monitoring Q3 2022 – has said that the wind turbine orders in Q3 2022 fell by 36% compared with Q3 2021 signifying slowing wind energy growth. It also said that Europe urgently needs to solve permitting and strengthen its wind energy supply chain. The report finds […]

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Hyundai Begins $5.5 Bn EV, Battery Plant in USA

The South Korean auto conglomerate Hyundai Motor Co is about to break ground for the $5.54 billion electric vehicle and battery plant in the USA. Hyundai wants to have a reasonable share in the electric vehicle sales in America. Georgia Governor Brian Kemp, Senators Jon Ossoff and Raphael Warnock may attend the ceremony of the […]

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Insurer Claims US Renewables Suffered Worst Summer of Losses

GCube insurance, a leading underwriter for renewable energy projects has highlighted the financial impacts of Extreme Weather and Natural Catastrophe events that are outpacing the development of mitigation strategies in the North American renewables market. That might mean that insurance premiums will also keep pace with the overall rise in costs the industry, particularly solar […]

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Ascend Elements, EcoPro Group Collaborate for Supply of Recycled Battery Materials

Massachusetts-based battery recycling company, Ascend Elements and South Korea-based battery materials company EcoPro Group, have signed a memorandum of understanding (MOU) to cooperate in the development, qualification, and integration of recycled battery materials into cathode products of EcoPro. The official statement mentioned that EcoPro is a cathode active material (CAM) supplier to some of the […]

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China’s Solar Dominance: How Key Consumer Markets Are Adapting

Governments across the globe are increasingly investing in various sources of new and renewable energy to reach their targets of either achieving carbon neutrality or reducing emissions considerably to help realise the goal of the Paris agreement – limiting the rise in global temperature below 2-degree celsius from pre-industrial levels. Solar power is one of […]

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Canada’s Brookfield Invests $2 Billion in Scout Clean Energy, Standard Solar

Brookfield Renewable, which owns, operates and develops renewable power, together with its institutional partners, has announced two investments in the US renewable energy sector. Brookfield will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business’ development activities. It also announced the closing of its […]

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Jupiter Power, Energy Vault Partner for 2.4 GWh of Domestic-Content-Qualified BESS

Texas-based utility-scale battery energy storage systems (BESS) developer and operator, Jupiter Power has announced the execution of an agreement with Switzerland-headquartered grid-scale energy storage solutions provider Energy Vault Holdings. Under the agreement, Jupiter Power and Energy Vault will collaborate to secure 2.4 GWh of supply chain equipment and services that will be integrated and delivered […]

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Aurora Solar Expands Partner Ecosystem to Step-Up Access to Solar Financing

US-based Aurora Solar, a cloud-based platform creating a future of solar for all by powering industry professionals to make solar simple and predictable, has announced Dividend, Mosaic, and Sungage Financial as key integrations for the Aurora platform. Aurora said that the addition of these new partners will provide solar installers and their homeowner customers with […]

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Canadian Solar Launches EP Cube Residential ESS

Canadian Solar, which manufactures solar PV modules, has announced that its majority-owned subsidiary CSI Solar, will launch EP Cube, a lightweight and sleek all-in-one residential energy storage solution. The innovative product will be unveiled at RE+ trade show on September 19-22, 2022, in Anaheim, California. EP Cube- Driven by Innovation  The EP Cube boasts of several […]

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