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First 20 GW HJT Perovskite Cell & Module Factory in the Works in US

Salt Lake City, Utah, United States is set to welcome a mega solar cell and module factory. The establishment will be set up by US-based Revkor Energy Holdings Inc and Germany’s equipment provider H2 Gemini Technology Consulting GmbH, that have set sights on building a 20 GW facility. “Under the terms of the partnership, Revkor and […]

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ACME Group Achieves Financial Closure of INR 4,000 Cr Debt for Green Hydrogen & Ammonia

Diversified renewable energy company ACME Group announced securing INR 4,000 crore loan from one of the India’s largest green infrastructure financial institutions Rural Electrification (REC) Limited for its green hydrogen and green ammonia project in Oman. The loan will be utilized to commence the first phase of the pioneering green hydrogen and green ammonia project, […]

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9 EV Financing Startups in India Accelerating EV adoption

The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […]

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O2 Power Steps up Supply to Dr. Reddy’s Laboratories with 17.82 MW Solar, 27 MW Wind

Renewable energy platform, O2 Power has stepped up its renewable energy agreement with Dr. Reddy’s Laboratories, a leading multinational pharmaceutical firm. The initial agreement paved the way for the supply of 15 MW of renewable power from O2 Power’s plants in Telangana. This has now been augmented to an additional 17.82 MW of solar capacity […]

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Avaada Group in MoU with REC for INR 20,000 Funding  

On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […]

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Trina Solar in 800 MW Module Supply Deal With Aquila Energy For EMEA Projects

Trina Solar, a global top 6 integrated module maker, and Aquila Clean Energy EMEA, Aquila Group’s clean energy development platform in Europe, have signed a framework agreement for the supply of 800MW of photovoltaic modules for part of Aquila Clean Energy’s portfolio in Southern Europe. The agreement covers several projects which are part of the […]

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Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables

Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean island’s Ministry of Energy, Commerce and Industry (MECI) last week announced its ‘General policy framework for energy storage systems’. It said the government will be deploying centralised energy storage […]

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EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan

The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […]

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MAHAPREIT Issues Tender for 100 MW Distributed Solar Park

Mahatma Phule Renewable Energy And Infrastructure Technology Limited (MAHAPREIT) has invited bids to obtain offers from solar power developers for design, engineering, supply, erection, testing, and commissioning of distributed solar project (2 MW to 10 MW capacity). The tender is for the solar park project in Maharashtra with a cumulative capacity of 100 MW on […]

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