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Appliance Standards & Labelling Effective at Reducing Energy Use: IEA

Policies that introduce minimum efficiency performance standards and energy-consumption labelling on appliances and equipment have led to reduced power consumption, lower carbon emissions, and cost savings for consumers, according to analysis published today by the International Energy Agency (IEA) and the 4E Technology Collaboration Programme (4E TCP). The report’s findings are drawn from nearly 400 […]

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LG Energy Solution Takes Over US-based NEC Energy Solutions

South Korean lithium-ion battery manufacturer LG Energy Solution (LG ES) has acquired US-based sector player NEC Energy Solutions from NEC Corporation for an undisclosed sum. The news was unveiled on Friday by BDA Partners, which served as the exclusive financial advisor to LG on the transaction. Japan’s NEC Corporation has transferred all shares in NEC Energy […]

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Battery Resourcers Secures $70 M to Expand Recycling Tech

Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the closing of its latest mid-round funding totalling $70 million. The company will use this latest funding round to advance and expand its sustainable, cutting-edge closed loop material production technology that accepts mixed input of scrap batteries and end of life batteries […]

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Junior Executive – Program Management

Junior Executive – Program Management will be based in Pune. GBS Program Management vertical support Program Manager’s, by virtual Customer Focus Team member to support Program Management activities e.g. Claims Management. Integrated Demand Management, Engineering Change Mgmt. & New product Introduction & Program Dashboard/ Metrics etc. Here is a glimpse of what you’ll do:- Coordinate […]

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Geothermal Power Push Points to Record Well Count in 2021: Rystad

Renewed interest in the geothermal sector in recent years, which has seen oil and gas majors make investments in numerous startups, is set to see a new record in the number of wells drilled for power generation, surpassing 200 this year for the first time. Spending on geothermal activity is expected to boom in the […]

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NextEnergy’s International Solar Fund to Acquire 42.3MW Polish Portfolio

NextPower III ESG, the international solar fund of NextEnergy Capital, has agreed to acquire a 42.3MW solar PV project portfolio in Poland, marking NPIII ESG’s first acquisition in the country. Completion is expected to occur in Q4 2021 once all assets are constructed and energised. The solar PV project portfolio has been awarded a Contract for […]

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Vineyard Wind Raises $2.3 B for 800 MW Wind Project in Atlantic Ocean

Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), has achieved financial close for its first project, raising $2.3 billion of senior debt for the construction of an 800 MW offshore wind farm in U.S. federal waters in the Atlantic Ocean. Nine international and U.S. based banks helped […]

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Glennmont Unveils IPP to Develop 1GW Solar Power in Southern Europe

Leading clean energy fund manager Glennmont Partners from Nuveen has launched BNZ, a new independent power producer company (IPP), to develop, build and operate solar photovoltaic (PV) projects in Southern Europe. BNZ plans to reach an installed capacity of 1GW across Italy, Portugal and Spain by 2024, of which an initial 350MW are in advanced […]

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Chinese Automakers Develop Tech to Seize Hybrid Market: Report 

The sales volume of new hybrid passenger cars should account for 50%-60% of traditional energy passenger cars by 2025, 75%-85% by 2030, and 100% by 2035, finds a new a new report. The study claims that Chinese automakers have developed hybrid systems independently to seize the hybrid market. The “Global and China Hybrid Vehicle Industry […]

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