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Sungrow Signs 500 MWac Contract For PV Inverter Solutions in Brazil

Sungrow continues to build on its leadership in the Brazilian market. In a year marred by the impact of Covid the Free Energy Market (PL 1917/15) that is in final approval stage has ensured a positive outlook for solar power in Brazil. Sungrow recently closed a 500 MWac PV inverter solution supply contract with Mercury […]

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Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor

“Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […]

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Karnataka Renewable Energy Policy Approved By State Cabinet

The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […]

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Bulgaria May Add 4.9 GW of Renewable Energy by 2031

According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […]

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Rs 18,100 crore Battery PLI Finally Picks 4 Firms

Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited,  Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […]

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Indian scientists develop green tech, pave way for low-cost, durable fuel cells

The latest development in the advancement of green energy tech is Indian scientists’ indigenous fabrication of a platinum-based electrocatalyst for use in fuel cells. The electrocatalyst developed showed comparable properties to the commercially-available electrocatalyst in terms of its performance in fuel cells, superior corrosion resistance and could enhance the lifetime of fuel cell stack performance. Fuel […]

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LG Energy Solution to set up EV battery JV with Stellantis in Canada

South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […]

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AGL to Build Australia’s Largest Energy Storage Facility

AGL Energy Ltd – an Australian integrated energy generation and retail company – has announced that it has got the approval from the state government of New South Wales to build the country’s largest battery storage. Recently, AGL had proposed to construct a 500MW/2,000MWh battery energy storage system (BESS) as part of the Hunter Energy […]

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The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses

As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […]

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