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renewable energy investment

Can Solid-state Batteries Replace Lithium-ion Batteries in EV?

Lithium-ion (Li-ion) batteries have become the fundamental power source for electric vehicles (EVs), and their demand skyrocketed with the surge in the EV market. However, since the very beginning, some challenges raised doubts about the suitability of the technology in the long term. Solid-state batteries with their solid electrolyte, are expected to provide greater safety […]

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Nestlé to Invest in 208 MWh Ganado Solar Project of Enel North America

Renewable energy major Enel North America has announced partnership with global food conglomerate Nestlé to be the sole tax equity investor for its 208 MWdc Ganado solar-plus-storage project in Jackson County, Texas, US. Enel said that Nestlé will also purchase the renewable energy attributes from the entire output of the solar plant, helping advance the […]

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Hidroelectrica & Masdar Form JV for Green Projects in Romania

Romanian energy firm Hidroelectrica and UAE renewable energy firm Masdar have signed a joint venture agreement to build wind farms offshore and floating solar parks in Romania. Speaking on the occasion, Bogdan Badea, the President of Hidroelectrica, said, “The initialing by Hidroelectrica and Masdar is one of the most important joint venture agreements intended for […]

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Amplus Solar Signs MoU with Andhra Pradesh for Distributed Green Hydrogen Production

Distributed clean energy solutions provider Amplus Solar has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh government. This agreement will pave the way for the establishment of multiple decentralized Green Hydrogen production plants in the state. The firm has set sights on setting up 7.5 KPTA-distributed green hydrogen plants for industrial consumption […]

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SEG Solar Acquires 2 GW Solar Module Facility in Texas

California headquartered SEG Solar (SEG) has announced that it has closed on the acquisition of a manufacturing facility in Houston, Texas, USA. As per SEG Solar, this facility is capable of producing more than 2 GW of photovoltaic (PV) modules annually. SEG Solar said that the plant consists of approximately 145,000 square feet of manufacturing […]

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With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act

Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the  European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […]

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Assam Cabinet Approves 620 MW of Green Power Projects

In a bid to give a major push to the renewable energy sector in the state, the Assam Cabinet has given green signal to the implementation of green power projects. In a fresh move, the Assam cabinet approved green energy projects having cumulative capacity 620 MW to be developed in Assam. The decision was taken, […]

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LONGi Plans 5 GW Manufacturing Facility in Ohio, USA

Solar PV maker LONGi has planned to come up with a solar manufacturing facility in the Ohio state of the USA. The firm will collaborate with solar developer and operator Invenergy that will invest more than $600 million in the project. As per LONGi, the project will give a boost to the domestic renewable energy […]

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Iberdrola Awards Contract to Haizea Group for 1400 MW Wind Farm in UK

Spanish multinational electric utility Iberdrola has awarded a wind contract to Haizea Wind Group- a manufacturer of large metal structures for wind turbines. As per the pact, the manufacturer will supply 50 monopiles for Iberdrola’s 1400 MW East Anglia Three offshore wind farm located in UK. UK is currently the global leader when it comes […]

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