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renewable energy

Govt Green Energy Mission Gets Fillip with BEL’s EV Charging Station

In a bid to promote the Government of India’s green energy drive, Navratna Defence PSU Bharat Electronics Ltd (BEL), in collaboration with Maharatna PSU Hindustan Petroleum Corporation Ltd (HPCL), has set up a fast Electric Vehicle (EV) charging station at the HPCL Retail Outlet at Amravati Enclave near Pinjore on the Chandigarh-Shimla Highway. The charging […]

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Finnish Firm Wärtsilä Commissions Netherland’s Largest Energy Storage System

The technology group headquartered in Finland, Wärtsilä has said that it has commissioned of its first energy storage project in the Netherlands, which is the country’s largest system to date. Rob Jetten, Minister for Climate and Energy, and Ruud Nijs, CEO of GIGA Storage BV, joined Wärtsilä in the ribbon cutting ceremony of the project. […]

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Adani Green Energy Buys 3 SPVs from Inox Green Energy

Leading renewable energy company Adani Green Energy has revealed that it has acquired three entities from Inox Green Energy Services Limited (IGESL), a subsidiary of INOX Wind that is a wind power operation and maintenance (O&M) service provider. Each of the three entities holds 50 MW operational wind power projects at Dayapar, Gujarat. The three […]

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High Energy Prices Could Trip Up European Solar Manufacturing Plans-Rystad

Energy Research Agency Rystad Energy has warned that record high electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. The warning comes even as renewable power producers in the continent have pushed for keeping the […]

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ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy

Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […]

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Orb Energy Secures Follow-On Funding from US DFI

Bangalore-based Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United States International Development Finance Corporation (DFC) to support its unique in-house financing facility for rooftop and ground mounted solar customers in India. Damian Miller, the CEO and Co-founder […]

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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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Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology

In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […]

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