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solar and storage

EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030

EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […]

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BMW Must Prioritise Full-Electric Vehicles to Meet its 2030 Target: Analysis

BMW Group is targeting 7 million BEV and PHEV by 2030, however, WoodMac projects the company will only meet 61% of that stock target by 2030. BMW Group – which is comprised of BMW, Mini, Rolls-Royce and Zinoro – is targeting 7 million in battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) stock […]

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Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac

Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie.  The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […]

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Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan

Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […]

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ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn

Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […]

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IRENA Report Identifies Policy Measures to Advance Jordan’s Transition to Renewables

Renewables readiness assessment report highlights seven key action areas to accelerate the country’s uptake of renewables  A new report published today by the International Renewable Energy Agency (IRENA) has identified a series of policy measures that can help advance the energy transition towards renewable energy in Jordan. The Renewables Readiness Assessment: The Hashemite Kingdom of […]

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Triton EV Signs MoU With BEL to Develop EV Opportunities in India

The US-based new subsidiary of Triton Solar, Triton EV, has announced its expansion plans in India with its manufacturing facility set up for electric vehicles (EVs) and energy storage systems. “We have announced the availability of SUV Model H and Triton EV Sedan Model N4. Very soon, we will showcase these Triton EVs for Indian […]

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Blackstone Technology Presents New 3D Printed Lithium-Ion Battery Cell

Switzerland-based Blackstone Resources announced important achievements by its subsidiary Blackstone Technology, during its Blackstone’s Battery Day held recently. On that day, the firm presented a new 3D-printed lithium-ion battery cell produced with its own proprietary patented technology.  Blackstone Technology was launched with the sole purpose to develop Blackstone’s expertise in battery manufacturing.  The CEO of […]

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EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025

Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […]

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