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renewable energy power

New Green Standards Proposed for Power Gen Companies in Singapore

In order to reduce its carbon footprint, Singapore has proposed new green standards for power generation companies operating in the country. The country currently relies on natural gas — a fossil fuel — to fulfil over 95% of its energy needs.  However, in April this year, the island nation achieved its target for the year […]

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AC Energy, ib vogt to Install 300 MWdc Solar Projects in the Philippines

Philippines-Based AC Energy Corporation (ACEN), an energy platform of Ayala, is planning to partner with the Singapore unit of German firm ib vogt for the installation of at least 300 MWdc of solar power projects in the country. In a disclosure to the Philippine Stock Exchange (PSE), ACEN said its executive committee cleared the company’s plan […]

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These Casinos Have Placed Their Bets On Solar Power

As awareness of climate issues linked to global climate change spreads, one sector that has turned to solar power is the Casino sector. That won’t surprise many people who follow the sector, as the Casino sector is one sector that has proved to be way more adaptable than people give it credit for. The shift […]

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Solar Power As CSR Lights Up Temple In Sri Lanka Now

Sri Lanka, which otherwise has very good weather conditions for solar power generation, is finally changing, and changing fast. Close on the heels of the government making plans to ramp up renewable energy generation from solar and wind, comes this story of a firm using Solar energy as a CSR initiative at a temple. Rooftop […]

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Japanese Firm to Build World’s 1st Power Transfer Vessel

PowerX, a Japanese company, plans to innovate power storage and transmission by developing an automated Power Transfer Vessel to carry electricity from offshore wind farms to shore. The very first model of such vessels is “Power ARK 100” – a 100TEU trimaran specially designed for transferring renewable energy in Japan’s coastal waters. The company also […]

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Siemens Energy to Build Green H2 Industry in Egypt

German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […]

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India Added 2,110 MW Solar Power Capacity in Q2 ’21: BRIDGE TO INDIA

India added 2,110 MW solar power capacity in Q2 2021, according to the the Q2 2021 edition of its “India Solar Compass” report that was recently released by BRIDGE TO INDIA. The report provides a detailed quarterly update of all key sector trends and developments – capacity addition, leading players, tender and policy issuance, equipment […]

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Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding

Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding.  We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […]

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Renewable Energy Marketplace LevelTen Raises $35 Million Series C Funding

LevelTen Energy, a leading provider of renewable transaction infrastructure, has completed a $35 million Series C funding round led by NGP ETP, with participation from My Climate Journey (MCJ) Collective, as well as nearly all of LevelTen’s existing investors, including Avista Development, Constellation Technology Ventures, Equinor Ventures, Founders’ Co-op, Prelude Ventures, Techstars, TotalEnergies Ventures and […]

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