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RWE Issues €2 billion Green bond For Renewable Play

In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […]

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Jakson Group CMD Sameer Gupta Is Chairman CII National Committee For RE Mfg. – 2022-2023.

Jakson Group’s Chairman and Managing Director, Sameer Gupta has been elected as Chairman, CII National Committee of Aatmanirbhar Bharat for Renewable Energy Manufacturing for the year 2022-2023. A second-generation entrepreneur, Sameer Gupta joined Jakson in the year 1991 and led its transformation from a genset manufacturing company to India’s prominent energy & infrastructure company, having […]

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GE Unveils 3MW Wind Turbines Exclusively For North America

GE Renewable Energy has unveiled its newest onshore wind turbine platform designed called ‘Sierra’ specifically for the North America region. The 3.0-3.4 MW turbine features a 140-meter rotor and is offered with a variety of hub heights for its 2 blade operations. GE says that Sierra also includes the revolutionary two-piece blade of GE, designed […]

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WAAREE Energies Builds Order Pipeline Worth $2.37 billion

Waaree Energies Limited, one of the major players in the solar energy industry in India focused on photo-voltaic (PV) module manufacturing has bagged new orders worth USD 2.37 billion from India and International markets to supply high efficiency bifacial solar panels of 540Wp and 600Wp. These panels will be produced in Waaree’s manufacturing facility using […]

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The Top 5: Key Cement Manufacturers & Their Net-zero Goals

The 20th century onwards has belonged to concrete in many ways. Alongside its strength and resilience, concrete is crucial and ideal for the building, being relatively cheap and simple to make. Each year 30 billion tonnes of concrete is used globally. Although concrete structures are, in many ways, ideal for climate-resilient construction, it is also […]

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KKR buying RE firm ContourGlobal for £1.75 billion

Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […]

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Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy

Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from […]

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Skoda Auto Begins Production of MEB Battery Systems

Skoda Auto has announced that it has begun the manufacturing of battery systems for all electric vehicles based on the Modular Electrification Toolkit (MEB) in Mlada Boleslav. This is the only production facility of Skoda for MEB battery systems in Europe outside Germany. As per the official announcement, around 250 employees will soon be assembling […]

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Construction Of World’s Largest Integrated RE Storage Project Started In AP

Construction of the world’s largest and first of its kind renewable energy storage project began at Kurnool in Andhra Pradesh on May 17. With a pumped storage capacity of 10,800MWh per day, the 5230 MW renewable energy generation project is coming up at an investment of $3 billion by Hyderabad based developer Greenko Group by […]

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