SUBSCRIBE NEWS LETTER

renewable energy investment

RWE Partners with Stanwell Corporation for 1.8 GW Onshore Wind in Australia

German multinational energy firm headquartered in Essen that generates and trades electricity in the Asia-Pacific region, and delves into offshore wind power generation, RWE has joined hands with power provider Stanwell Corporation. The two firms have entered into a memorandum of understanding (MoU) for two Queensland onshore wind projects. These will boast an aggregate capacity […]

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FIMER Inverters Power BESS Systems of IT Multinational Firm

FIMER recently supplied its 2 MVA inverters to Capgemini for its BESS system. The firm has implemented multiple initiatives that have contributed towards a 100% renewable energy power supply and aids to reduce 70,000 tonnes of carbon emissions per year. FIMER has supplied its BESS compatible inverters PVS980-58BC 2 MVA for two Capgemini office campuses. […]

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Australia’s Sunrise CSP & Engineers India Ltd Join Hands for Solar Thermal Projects

Australia-based Sunrise CSP (Concentrated Solar Power), a firm that designs, builds and operates industrial process heat and electricity generation plants that use concentrated solar thermal energy and India’s Engineers India Ltd (EIL) have entered into an MoU for Concentrated Solar Thermal (CST) projects in the oil and gas sector in India. This will also encompass […]

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NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD

Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […]

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RecycleKaro Invests Rs 100 Cr to Set Up Nickel Facility in Maharashtra

RecycleKaro, a player in sustainable, lithium-ion battery recycling, has announced its plans to establish Nickel metal plant with a substantial investment of Rs 100 crores in Maharashtra. RecycleKaro maintains that it is committed to completing the value chain of a circular economy and meeting the surging demand for lithium-ion batteries in India’s electric vehicle market. […]

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Electric Supply Chain Firm ZEVO Secures Funding from Agility Ventures

ZEVO, a completely integrated electric supply chain and warehousing platform, announced today that it has successfully raised funding from Angel Fund Agility Ventures. The funding will be utilized to further expand ZEVO’s fleet of electric vehicles and micro storages, focusing on last-mile delivery and integrated logistics solutions along with electric refrigerated deliveries. “As investors, we […]

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Morgan Stanley Forms JV With Crowley For US Offshore Wind Development

Morgan Stanley Investment Management (“MSIM”), through Morgan Stanley Infrastructure Partners (“MSIP”), and U.S. maritime, energy and logistics solutions leader Crowley announced today the creation of a new joint venture to advance offshore wind energy solutions for the United States. Crowley rendering of Salem Offshore Wind Terminal The joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities through the […]

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Five Indian States Account For 75% of Solar Module Manufacturing

India is rapidly expands its solar module manufacturing capacity, with Gujarat, Uttar Pradesh, Telangana, Maharashtra, and Karnataka taking a lion’s share. An analysis of the latest ALMM list of the Ministry of New and Renewable Energy (MNRE) by Saur Energy hinted at this trend. It claimed that around 75 percent of India’s solar module manufacturers […]

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Alinta’s Big Battery Plans of 100 MW/200 MWh for Australia in the Offing

Australian electricity generating and gas retailing private firm Alinta Energy, owned by Hong Kong-based Chow Tai Fook Enterprises, is making progress towards the development of a 100 MW/200 MWh big battery in southwest Western Australia. The firm has stated that the project will facilitate renewable energy generation in the state while lending support to the […]

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