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renewable energy power

Blume Ventures Invests $2.5 Million in Solar Financing Platform Aerem

Mumbai-based solar financing platform, Aerem has raised $2.5 Million in funding in a pre-series round from Blume Ventures, a New Delhi-based capital firm. The funding money ($2.5 Million) raised will go toward expanding the loan book, developing the technological platform that will enable seamless, end-to-end digital engagement with diverse stakeholders, and hiring teams that include […]

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BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production

British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […]

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JREDA Extends Deadline For 18 MW Solar Project at Giridih Solar City

Recently, Jharkhand Renewable Energy Development Agency (JREDA) has the announcement of the extension of date & time for submission & opening of bids for 18 MW Grid Connected solar power plants at Giridih City.  The last date for receipt of online bids has been extended from 13th July 2022 to 27th July 2022. The bid […]

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India’s First 100% Green Building Will Come Up In Hyderabad In March 2023

Hyderabad will earn a distinction in March next year when a first-of-a-kind 100 per cent green building will be set up at Mint Compound. It is quite appropriate that spread over 2,591 square metres, the green building will have the offices of State Renewable Energy Development Corporation Limited (TSREDCO), Super Energy Conservation Building Code (ECBC) […]

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IRENA Releases Reports On Global Hydrogen Trading Trends In 2050

A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […]

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Rolls-Royce Sets Foot Into Hydrogen Electrolyser Business

Rolls Royce has announced its entry into hydrogen production as it is acquiring a 54 per cent stake in Hoeller Electrolyzeris, an electrolysis stack specialist. Rolls Royce will boasts of innovative technology to form the basis of a new range of mtu electrolyzer products from its power systems division. Hoeller Electrolyzer in Wismar, Germany, is […]

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Fugro Lends Support To Denmark’s Largest Offshore Wind Farm

Netherland-based geo-data specialist, Fugro, has set in motion geotechnical site surveys at RWE’s Thor offshore wind farm project. The acquired geo-data will be used to design, produce, and install the major parts of the wind farm, such as the foundations for the turbines and the inter-array and export cables. According to RAW, Thor is set […]

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Finland Begins Operation On World’s First Large Scale Sand Battery

Finland has kickstarted operations on world’s first commercial large scale sand-based thermal energy storage system. The battery has been innovated by Polar Night Energy and operated by energy utility in West Finland, Vatajankoski. The dimensions of the steel container are 4×7 metre, which can hold hundreds of tonnes of sand. This sand is further heated […]

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