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$26M Investment In RE Grid Demonstration Projects By Biden Administration

US President Joe Biden has announced a US $26M investment to demonstrate that the US electricity grid can be run fully on renewables and energy storage. The program will investigate how renewable energy can sustain grid dependability and allow it to stay connected during disturbances or reboot it in the event of a shutdown through […]

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Oracle Energy To Build 400 MW Green Hydrogen Project In Pakistan

A stock market filing by Oracle Power has revealed that the Sindh state government of Pakistan has accorded ‘comprehensive permission’ to Oracle Energy for the development of a 400 MW green hydrogen project.  The carbon-free hydrogen facility will be supplied with electricity by 500 MW of wind energy and 700 MW of solar facilities that […]

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Adani Green Earnings Call Q1 FY23: Operational Capacity Growth Up To 5800 MW

Kev revelations were made during the Q1 FY23 earnings call of the green arm of Adani Enterprises, Adani Green Energy Limited (AGEL). Here is a look at them-  Capacity Growth On An Upward Trend The operational capacity growth on YoY basis has shot up by 65% to 5800 MW. This growth has been attributed to […]

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The First Factory Of NIO In Europe Will Commence Operation Soon

Chinese EV startup NIO has said that its first factory in Europe will be operational in September, 2022. There will be no manufacturing of cars in the new facility. The joint announcement was made by Peter Szijjarto, Minister of Hungarian Foreign Affairs and Trade, and Hui Zhang, Vice President of NIO Europe Office in Budapest, […]

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Aurora Hydrogen Raises $10 Million To Develop Hydrogen Technology

Green hydrogen production technology developer Aurora Hydrogen has declared raising $10M in Series A funding led by Energy Innovation Capital. The participating investors included Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. The official announcement of Aurora stated that this funding adds to additional funding by the Natural Sciences and Engineering […]

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Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles

Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […]

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Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer

Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […]

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First Offshore Wind Farm Order In Japan Goes To Siemens Gamesa

Global RE conglomerate, Siemens Gamesa Renewable Energy has announced that it has received an order for the 112 MW Ishikari offshore wind power project from Green Power Investment. This project is the first firm offshore order in Japan for offshore wind turbines maker. The official statement of Siemens Gamesa said that the order includes 14 […]

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PM Launches Various Projects And Schemes In Renewable Sector

Prime Minister Narendra Modi marked his presence in the grand finale marking the culmination of ‘Ujjwal Bharat Ujjwal Bhavishya – Power @2047’ and interacted with the beneficiaries of PM-KUSUM (Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan), solar power, DDUGJY (Deen Dayal Upadhyaya Gram Jyoti Yojana), IPDS (Integrated Power Development Scheme) and solar panels respectively. […]

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