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solar technology

Dutch Development Bank FMO Invests $5 Million in Husk Power

Husk Power Systems has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. Bihar-based Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. The financing was also […]

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Vestas Introduces Low-Wind Variant to Expand Footprint in India

To help meet the growing demand in India, Vestas is introducing the V155-3.3 MW turbine optimised for low and ultra-low wind conditions. The global demand for sustainable energy solutions in low and ultra-low wind areas continues to grow as renewable technology improves in efficiency and cost. This trend is especially prominent in India, the world’s […]

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Eos Energy Storage Expands Battery Deployments in Nigeria

Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced an expansion of its partnership with Nayo Tropical Technology Ltd. (“Nayo”), a leading West African mini-grid engineering, procurement, and construction (“EPC”) company. Eos will deploy additional units of its signature Aurora EnergyBlock™ systems, rated at 125kW/500kWh, […]

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eMatrixmile and Magenta Sign MoU to Develop 10,000 EV Charging Stations

An MoU has been signed between eMatrixmile India and Magenta EV Solutions for installation and commissioning of 10,000 EV charging stations across India. A Memorandum of Understanding (MoU), has been signed between eMatrixmile India Pvt Ltd and Magenta EV Solutions Private Limited for installation and commissioning of ‘QYK POD’ charging stations with associated infrastructure and stations in Mumbai, […]

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Siemens and Macquarie’s GIG Launch Distributed Energy Joint Venture

Macquarie’s GIG, Siemens Group companies have formed Calibrant Energy, a joint venture that will operate in the distributed energy segment. Macquarie’s Green Investment Group (GIG), Siemens’ Smart Infrastructure (SI) and Financial Services (SFS) groups have announced the formation of Calibrant Energy, a joint venture that offers comprehensive onsite Energy as a Service (EaaS) solutions at no […]

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Andritz to Supply Equipment for Greenko’s 1200 MW Pumped Storage Project

Andritz has received a contract from Greenko for the supply of electro-mechanical equipment for the 1200 MW Pinnapuram pumped storage plant in Andhra Pradesh. Australia-based international technology group Andritz has announced that it has received a contract from Greenko Energy Private Limited, an independent Indian power producer (IPP), for the supply of electro-mechanical equipment for […]

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US-India Clean Energy and Climate Cooperation Legislation Introduced

Senator Menendez (D-NJ), a Ranking Member of the Senate Foreign Relations Committee, has introduced the ‘Prioritising Clean Energy and Climate Cooperation with India Act of 2020’. Senator Bob Menendez (District of New Jersey), a Ranking Member of the Senate Foreign Relations Committee, has introduced the ‘Prioritising Clean Energy and Climate Cooperation with India Act of […]

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NITI Aayog, Dutch Embassy Sign SoI on ‘Decarbonisation and Energy Transition Agenda’

NITI Aayog and the Embassy of the Netherlands have signed an SoI to support the decarbonisation and energy transition agenda for cleaner and more energy. NITI Aayog and Embassy of the Netherlands, New Delhi, signed a Statement of Intent (SoI) on September 28, 2020, to support the decarbonisation and energy transition agenda for accommodating cleaner […]

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Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac

A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […]

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