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renewable energy

Europe & US Boost Their Domestic Wind Energy Industries

Announcements of new projects and partnerships  Vineyard Wind 1, Valmont SMs new wind turbine tower factory at Port of Esbjerg, and the Nigg Offshore Wind factory, to name a few indicate that Europe and the US are ramping up their wind manufacturing capacity to gain a strong foothold in the much anticipated renewable energy-powered []

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Energy Major Equinor Buys 45% Stake in UK Battery Maker Noriker Power

Equinor has signed an agreement with Noriker Power Limited, a battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage. In []

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Energy Wind Performance Specialist

Functions as a technical specialist or in a lead role. With minimal supervision, applies advanced engineering techniques and analyses for problems and methods. Expands knowledge and skill set in area of discipline. May start to expand knowledge in other disciplines and/or functional areas. Key Responsibilities:- Supports a wide variety of assignments on domestic and international []

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Indias Journey Towards Clean Energy Transition in 2022: Stepped Approach

By Vishnu Sudarsan, J Sagar Associates Decarbonize, digitise and decantrise is the new mantra for Indias energy transition roadmap. PM Modis Paris pledge has given a shot in the arm for the countrys transition plan towards clean energy and to achieve the goal of greening the economy. It provides certainty and visibility to a clean []

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ONGC, SECI to Jointly Develop Renewable Projects

To realize its green energy objectives, Oil and Natural Gas Corporation Ltd (ONGC) has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI), an official statement said. The MoU provides a broad, overarching framework for the two national energy companies to collaborate on renewable energy projects including solar, wind, solar parks, []

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French Firm Newheat Raises 7 M for Renewable Heat Development

French renewable heat supplier Newheat has announced the completion of a 7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheats main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large []

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Energy Dome Raises $11 M to Build Cost-cutting CO2 Battery

Energy Dome, an Italian energy storage technology company founded in 2019, has announced the close of its $11M Series A fundraise. The company will use the proceeds to complete the construction of its CO2 battery demonstration project in Sardinia, Italy, a product that is said to store energy at about half of the cost of []

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US Firms Malta, Bechtel to Jointly Explore New Energy Storage Projects

Malta Inc., a Massachusetts-based developer of grid-scale, long-duration energy storage, and Bechtel Corporation, an engineering, construction, and project management company based in Virginia, are teaming up to pursue new energy storage projects around the world. The companies will work together to develop and deploy Maltas 10-150+ hour energy storage technology in a variety of grid-scale []

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With REC Trading Back, IEX Looks To Renewable Growth To Build Momentum

Highlights: The RPO compliance equation has to be continuously reassessed as several market-based avenues are available. We are currently at some 110 GW, so we have another nine years period to meet the target (500 GW of RE capacity by 2030). Pace at which capacity addition happens must grow at a 50% year on year []

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