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investment

EIB Backing of €400 million For Green Renewable Energy Developer

Greek renewable energy developer Mytilineos has secured backing from the European Investment Bank (EIB) for €400 million (US$437 million) to support its solar and battery storage development plans. Mytilineos has a broader plan for the development of 2.6GW of solar PV and storage assets across the EU through 2027. The total sum of the investment […]

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Could These Be Solar’s 5 Biggest Threats?

Solar has had a lot of time in the limelight, from being heralded as the energy source of the future to being the number 1 pick for home installation. However, a few other sources of energy have slipped under the radar and we’re here to talk about them for their potential to disrupt the rise […]

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Senior Engineer – Connectors

This role will be responsible for the design activities of Eaton’s electrical connectors, accessories, cables and conduit assemblies within its Aerospace Interconnect Technologies Division. This role supports project engineering in generating the CAD and drawings for new product development and product sustaining activities. Performs design engineering work from concept development, trade studies, design for manufacturability, […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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Adani Green Announces Completing 1050MW JV With TotalEnergies

Adani Green Energy Limited (AGEL) has announced completing the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in the AGEL subsidiary to acquire a 50% stake in the projects.  This follows the binding agreement about the JV announced between AGEL and TotalEnergies in September 2023. The […]

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MHI Extends PLI Scheme For Automobile and Auto Components By A Year

The Ministry of Heavy Industries (MHI) in its gazette notification announced an extension of the tenure of the Production Linked Incentive Scheme (PLI) for Automobile and Auto Components by one year. This decision was made after receiving the approval of the Empowered Group of Secretaries (EGoS). Auto manufacturing remains the core of India’s manufacturing base, […]

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The 2023 Playback- What Our Most Read Stories Tell Us

As a digital publisher, one of the joys of publishing is the feedback, both immediate and ongoing that writers get on their stories. Seen both in actual pageviews and in terms of traction on social media, this feedback loop is a key to decide what gets covered, and what doesn’t at times. We say at […]

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Emeren Reaches 1 GW Storage Milestone in Italy

Emeren Group Ltd , a leading global solar project developer, owner, and operator, has announced the successful sale of additional two Battery Energy Storage Systems (BESS) in Italy to Matrix Renewables (“Matrix”). This transaction follows the Company’s commitments outlined in the proprietary Development Service Agreement (DSA) signed jointly in June. Within just six months, Emeren […]

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ESMAP, World Bank Report Make Case For Energy-Plus Storage In India

A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […]

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