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Volvo Cars to Produce of Electric Motors at its Powertrain Plant in Sweden

Volvo Cars has announced its target of producing electric motors at its powertrain plant in Skövde, Sweden. Planning to establish complete in-house E-motor production with an investment of 700 million SEK by mid-decade. The company is aiming to become a premium electric car company with 50 percent of its global sales to be fully electric […]

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STMicroelectronics to be Carbon Neutral by 2027

STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, announced its goal to become carbon neutral by 2027, the earliest date anticipated for any semiconductor company globally. ST’s comprehensive roadmap to carbon neutrality includes two specific targets: compliance with the 1.5°C scenario defined at the Paris COP21 by 2025, which implies […]

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Seraphim to Set Up 750 MW Module Production Factory in Vietnam

Solar products manufacturer Seraphim Solar has announced its investment in a 750 MW module assembly factory in Vietnam. The global supply capability of Vietnam’s enterprise resilience will get enhanced by using Seraphim’s 500W S3 series half-cell modules and 250W S4 series half-cell modules. Jun Zhuge, Executive Vice President of Seraphim, commented, “This factory is designed […]

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NextEra in the US, Adani Green In India, More Similar Than They Seem

One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […]

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Siemens Gamesa to Produce 100 Percent Green Hydrogen for Decarbonizing the Polluting Industries

In the crucial times of Climate Change, the world is trying to fight it by lowering carbon emissions. This economic decarbonization could be done by eliminating carbon-neutral fuels in transport sectors and polluting industries. In the Wind and Power industry, Siemens Gamesa is all set to bring the Brande Hydrogen pilot project, which will produce […]

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Sungrow Hits 2 GW Shipment of SG110CX for Vietnam Rooftops

Sungrow has hit 2 GW of the Company’s featured commercial inverter SG110CX was shipped to Vietnam for the rooftop solar market in 2020 Sungrow, a leading inverter solution supplier for renewables, has announced that 2 GW of the Company’s featured commercial inverter SG110CX was shipped to Vietnam for the rooftop solar market in 2020, representing […]

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Powering the Shift for 2W Segment Towards Electric Mobility

The future of the electric 2W market is growing rapidly and the major drivers for this market are those with focus on the reduction of emissions. The future of the electric two-wheeler (2W) market is growing rapidly and the major drivers for this market are the increasingly health-conscious consumers, high traffic congestions, environmental concerns and […]

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Vestas, Siemens Gamesa and GE Will Capture 60% of Global Market by 2029: WoodMac

The top three wind turbine OEMs – Vestas, Siemens Gamesa and GE – will increase their combined global market share to 60 percent by 2029. According to a new report, the top three wind turbine players (OEMs) in the world, in Vestas, Siemens Gamesa Renewable Energy and GE Renewable Energy, will increase their combined global […]

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Engie North America Partners With Climate Investor For Distributed Generation Portfolio

ENGIE North America and Hannon Armstrong, a leading investor in climate change solutions, announced a new partnership to jointly invest in a Distributed Generation (DG) portfolio of solar and solar-plus-storage assets located across the United States. The portfolio is comprised of a diversified set of community solar and commercial & industrial (C&I) ground-mounted, carport and rooftop […]

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