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renewable energy source

India Added 1.9GW Of RE Open Access Capacity In FY22

The falling costs of renewable energy and the decarbonisation goals of commercial and industrial consumers are driving the uptake of renewable energy open access power. The renewable energy open access (OA) market, which has been expanding in almost all key renewables-rich states in recent years, will continue to overcome policy hurdles to grow organically in […]

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US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia

In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […]

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German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW

Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […]

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Some Reassurance for Industry In Prime Minister’s I-Day Speech

In his Independence Day speech on August 15, the Prime Minister’s advocacy for energy independence (Energy Self Sufficient Nation) must have been reassuring for industry in India. The stress on energy independence was noticeable as the Prime Minister launched into an exhortation to think big for the country. The announcement, coming at a time of […]

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Canada, Germany All Set To Ink New Hydrogen Deal

Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […]

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Principal Product Engineer (AI/ML)

The AI/ML Product Engineer will develop integrated Machine Learning and/or Deep Learning based solutions on products that address customer needs in operations such as inspection topside and subsea. They will also be responsible for development of machine vision algorithms for automation and development of data analytics programs for Oceaneering’s next generation systems. Duties & Responsibilities:- […]

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Hindalco Partners With Greenko To Produce Solar & Wind Power For Odisha Smelter

Aditya Birla Group owned Hindalco and energy transition company Greenko Energies have announced that they have entered into a commercial arrangement to set up a renewable energy project for supply of 100 MW round-the-clock carbon free power. The arrangement covers the development of 375-400 MW of solar and wind capacity. The official statement by Hindalco […]

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Danish Power Company Ørsted Extends 100% RE Target To All Suppliers

Leading Danish power company Ørsted has asked all its suppliers to use 100% renewable electricity by 2025 and claims to be the first energy company in the world to do so. The action is aimed toward realizing 2040 net-zero target. As per the official statement, Ørsted has reduced its scope 1 and 2 emission intensity […]

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