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FREYR Battery to Supply Upto 14 GWh LFP Cells to Impact Clean Power Technology

FREYR Battery has signed a conditional offtake agreement (“COA”) with Impact Clean Power Technology under which, FREYR will supply 10 to 14 GWh of clean next-generation battery cells based on the 24M Technologies SemiSolidTM platform to Impact Clean Power Technology from 2025 to 2030. Norway-based FREYR Battery is a developer of clean, next-generation battery cell […]

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US based Enfinity Global Acquires 400 MW of Operating Solar Projects

US-based renewable energy firm Enfinity Global has announced that it has completed the acquisition of a 400 MW operational utility-scale solar portfolio marking a further expansion in the US market. The official statement of Enfinity Global said that in September 2022, it signed a deal with Capital Dynamics to acquire a diversified contracted portfolio, consisting […]

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Sony Honda Mobility Unveils ‘Afeela’- Its Maiden EV

Japanese conglomerates Sony and Honda have unveiled the prototype and the name of their first electric vehicle produced in partnership at the Consumer Electronics Show (CES) in Las Vegas, USA.  In May last year, Sony and Honda forged a joint venture – Sony Honda Mobility. The new electric vehicle is named ‘Afeela.’ Yasuhide Mizuno, CEO, […]

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Can Giant Floating Solar On Oceans Work?

A lot has been said and done about floating solar plants – an emerging technology in which a customised solar photovoltaic (PV) system is placed directly on top of a body of water. Over the past half a decade, floating solar farms have gained popularity, particularly in countries with high population density and competing uses […]

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Turkey Imposes Regulation on Buildings to Meet 5% Energy Needs from RE

The world is ramping up energy efficiency efforts by establishing new building codes. Recently, India also set up new norms, including for residential buildings, under the ambit of Energy Conservation (Amendment) Bill 2022. In its bid towards decarbonization, Japan has also mandated the installation of solar panels for new homes post 2025. Now, Turkey has […]

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L&T Gets EPC Contract for 90 MW Floating Solar in Omkareshwar, MP

India’s leading engineering player – Larsen and Toubro (L&T) – has announced that the power transmission & distribution business of L&T Construction has secured multiple EPC orders in India and overseas. The key catch has been a contract for the development of a floating solar project in Madhya Pradesh. L&T held that the renewables arm […]

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ADB Arranges $107 Million for BIM Group to Support Wind Project in Vietnam

The Asian Development Bank (ADB) has signed a financial package of $107 million with BIM Wind Power Joint Stock Company (JSC) to support the operation of an 88 MW wind energy farm located in Ninh Thuan province of Vietnam. The wind project lies to the south-central coast of the South East Asian country. BIM Wind […]

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Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project

Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […]

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Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW

Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […]

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