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Portugal Scales Up PV Target From 9 GW to Over 20 GW By 2030

Keeping up with the trend of countries all over the world expecting, and seeking more from Solar power, Portugal has also enhanced it’s PV targets by over 2X to 20 GW, by 2030. The new targets are driven by a need to accelerate the energy transition, and an extra push from establishing green hydrogen manufacturing […]

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Battery Smart Raises $33 Million In Pre-Series B Funding

EV Battery swapping network builder Battery Smart has announced a $33 million fund raise in its Pre-Series B funding. The firm plans to use the funds to expand its geographic footprint and acquire more users. The latest funding round saw Battery Smart’s existing investors, Tiger Global and Blume Ventures, as well as new investors participate. […]

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KPI Green Energy, SAEL & NLC India Emerge Winners in GUVNL’s 800 MW Tender

KPI Green Energy, SAEL and NLC India have emerged winners for Gujarat Vikas Nagar Nigam Ltd (GUVNL) 800 MW solar project via competitive bidding. GUVNL had floated the tender for solar projects at Khavda Solar Park, Gujarat in May, 2023. The project comes with a greenshoe option of 800 MW. KPI Energy won 100 MW […]

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Cleantech Solar to Develop C&I Solar PV Projects of 60 MWp Capacity in Tamil Nadu

Cleantech Solar, which offers renewable energy solutions to corporations in India and Southeast Asia, has entered into long-term power purchase agreements (PPAs) with Commercial & Industrial (C&I) customers in Tamil Nadu. The agreements pave the way for the establishment of 60 MWp of open access solar park in Tirunelveli district in the state. Power supplied […]

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Alternate Energy: GAC Unveils Liquid Ammonia Engine for Cleaner Mobility

Guangzhou Automobile Group (GAC), a Chinese state-owned manufacturer, has unveiled a prototype engine that utilizes liquid ammonia as a fuel, presenting a potential alternative to electricity and hydrogen. The unveiling was done at the firm’s annual flagship conference. The development of this innovative internal combustion engine (ICE) is a result of collaboration between GAC and […]

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ZincFive Closes $80 Million Capital Partnership with Orion Infrastructure Capital

ZincFive, a nickel-zinc (NiZn) battery-based solutions provider, announced a strategic partnership with Orion Infrastructure Capital (OIC). The capital investment will provide ZincFive up to $80 million via a term loan to fuel the company’s global commercial adoption in existing and new markets, including mission-critical applications in data centres, industrial engine starting, and other high-power energy […]

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DRE Finds A Footing In India, Powered By Solar

Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […]

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CEA Proposes Reconductoring Of ISTS Transmission Lines Under RTM Mode

The Central Electricity Authority (CEA) issued a draft discussion paper on reconductoring ISTS (Inter-State Transmission System) lines. The central authority said that this could augment power transmission capacity and standardize the system.  The government agency asked the stakeholders and the general public to send in their objections and comments on the same by July 17, […]

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Angola Secures €1.29 Billion Loan for Renewable Mini-Grids and Grid Expansion

Angola’s Ministry of Finance has secured a loan of €1.29 billion ($1.41 billion) through the assistance of Standard Chartered Bank, UK. This funding will be utilized to implement 48 solar photovoltaic (PV) and energy storage mini-grids across various rural areas across Angola. The primary objective of this initiative is to promote self-sufficiency in energy consumption […]

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