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€100 Billion SBI and EIB Climate Action Initiative Launched

EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […]

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SPI Uplifts Lives of 2,412 Commercial and Micro-entrepreneurs in Rural India  

The SPI MED program has helped transform the lives of 2412 commercial and micro-entrepreneurs in rural India micro-entrepreneurs In a bid to create socio-economic opportunities for rural and micro-entrepreneurs, Smart Power India (SPI)’s Micro-Enterprise Development Program (MED) in India has helped rural communities harness electricity for productive uses. This has thereby boosted greater demand for […]

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EnBW Financial Results Q1 2021: Earnings Decrease “Temporarily”

German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the […]

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Massachusetts Invites Bids for 1600 MW Offshore Wind Projects

Massachusetts electric utility companies have opened their third offshore wind solicitation, releasing a Request for Proposals (RFP) for up to 1,600 MW of offshore wind power, twice the capacity they contracted in the previous rounds. The Baker administration announced the RFP on Friday, for which confidential bids are due by September 16 and public proposal […]

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Lightsource bp Acquires Solar Projects Totalling 156 MWp in Italy

Lightsource bp in Italy continues to boost its utility scale solar portfolio by acquiring three projects from Horizon Firm, a trusted developer specialized in solar, totalling 156MWp across the country. Two of the projects are based in Sicily, in a low solar plant massification density area, in the province of Agrigento: the Canicattì project (40.9 MWp) and the Torre di Mastro project (58.2 MWp). The third project, Manfredonia (57.4 MWp), based in Apulia, will be developed as an Agri-PV with the aim of virtuously integrating agriculture and […]

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Liverpool Uni Researchers Develop Stable Electrolyte for Li-O2 Batteries

Researchers at the University of Liverpool, in partnership with Johnson Matthey PLC and Loughborough University, are working on developing stable and practical electrolytes for lithium-oxygen (Li-O2) batteries (or lithium-air battery). They have advanced new theories on the subject, whose execution can create greater energy storage capacity than that offered by the conventional lithium-ion battery. In a […]

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India, Israel, UAE Sign Maiden Trilateral Trade Agreement

At a recent event organised by the International Federation of Indo-Israel Chambers of Commerce (IFIICC) to discuss the ongoing business collaborations being pursued through IFIICC’s leadership across sectors, India, Israel and the UAE signed  their maiden trilateral agreement. The partnership has been initiated by IFIICC, as part of which an Israel-based company, Ecoppia, is producing an […]

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Fusion Fuel Green Partners With CCC to Develop Hydrogen Plant

The world is running after clean energy sources, and green hydrogen has evolved as one of the best possible sources of fuel or electricity. A green hydrogen technology company, headquartered in Ireland, Fusion Fuel Green PLC has announced that it has partnered with Consolidated Contractors Group S.A.L. (CCC), to develop a green hydrogen plant in […]

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