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ACME, IHI Corp Collaborate To Explore Opportunities In Green Hydrogen

Gurugram headquartered diversified renewable energy company ACME Group and Japan’s comprehensive heavy-industry manufacturer IHI Corporation have announced the signing of an MoU to jointly explore the potential business opportunities of green hydrogen. As per ACME, the intent of this MOU is to jointly study and evaluate potential projects with respect to collaboration opportunities across the […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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Totalenergies, Corio Collaborate for Offshore Wind in Taiwan

Global renewable energy firms TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, the UK-headquartered Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project. The announcement comes after Taiwan’s Bureau of Energy confirmed in […]

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bp to Invest $1 Billion in EV Charging Across US by 2030

Global energy conglomerate British Petroleum or bp has announced its fresh plans to invest $1 billion into electric vehicle (EV) charge points across the United States. bp said that it will bring fast charging infrastructure to Hertz locations in major cities of the US by 2030. bp said that these cities will include Atlanta, Austin, […]

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Romania Gets €259 Million EU Aid for Solar Panels & Battery Production

Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […]

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Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy

Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […]

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IEX Gets CERC Approval For High Price Day Ahead Market (HPDAM) Trading

In an interesting development that will benefit the high variable cost generators to participate in the power trading market, the Indian Energy Exchange (IEX) has got final approval from the Central Electricity Regulatory Commission (CERC) to introduce trading in High Price Day Ahead Market (HP-DAM) contracts. The move, and approval by the CERC was necessitated […]

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Ather Energy Installs Over 1000 Fast Charging Stations Across India

Bengaluru-based electric scooter manufacturer Ather Energy has announced that it has installed more than 1000 fast charging stations – ‘Ather Grids’ – across 80 cities in India. Ather has been on an expansion spree to ensure easy access to its electric scooters and plans to install over 2500 fast charging stations by the end of […]

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