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renewable energy power

Fluence, TransnetBW To Build 250 MW Energy Storage System

Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […]

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LevelTen Energy to Expand Asset Marketplace to Europe

 LevelTen Energy, a leading provider of renewable transaction infrastructure, today announced the European expansion of the LevelTen Asset Marketplace, an online platform for buying and selling renewable energy assets. European Reach Since launching in North America in 2021, nearly 250 unique developers have participated in Asset Marketplace RFPs, resulting in 11 closed deals and many […]

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Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project

Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […]

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European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen

The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […]

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Statcon Energiaa’s Newest Offering- Microgrid Energy Corridor System

Delhi-based power electronics manufacturer company, Statcon Energiaa won the prestigious award for renewable energy excellence at the REI Expo 2022 held at Greater Noida, Uttar Pradesh. The award category was ‘Excellence in RE Storage Solutions. The innovative product, titled ‘Microgrid Energy Corridor System’, provides uninterrupted supply to a microgrid using various renewable energy resources. It […]

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Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment

Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […]

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US-Based ReneSola Power Acquires 50 MWp Solar Farm in UK

US-based ReneSola, which claims to be a leading fully integrated solar project developer, has announced that it has acquired a 50 MWp operational solar farm called ‘Project Branston’ that is located in Branston, Lincoln, United Kingdom. The solar project is acquired from British firm P&T Global Renewable Energy. ReneSola said that transaction was completed September […]

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Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge

One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […]

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Canada’s Brookfield Invests $2 Billion in Scout Clean Energy, Standard Solar

Brookfield Renewable, which owns, operates and develops renewable power, together with its institutional partners, has announced two investments in the US renewable energy sector. Brookfield will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business’ development activities. It also announced the closing of its […]

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