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solar and wind

Rosatom, An Xuan Energy To Develop Wind Energy Project in Vietnam

NovaWind JSC and representatives of An Xuan Energy JSC have signed an agreement on cooperation in the implementation of a project for the construction of a wind farm. NovaWind JSC is a division of Rosatom State Corporation for wind energy generation based in Moscow, Russia. The company was founded in 2017. The official statement revealed […]

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The Rise Of Solar Fires Sound A Cautionary Note

A recent study by Firetrace International, a global provider of fire suppression technology, has indicated that solar farm fires are seeing a sharp rise. The report, titled, “Hidden Danger – why solar farm fire risk could be greater than you think,” shares that the industry could possibly be misjudging the threat of fire. It has […]

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Watch Out For World’s First Solar-Powered Mass Market Electric Car

Sion, a five-seater compact family electric car wrapped with 456 solar panels except the windows, is likely to enter the assembly line in the second half of 2023, the German start-up Sono has said. The vehicle was unveiled at Munich. The company is looking to produce more than 250,000 of the vehicles over the period […]

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First Solar Signs Global Supply Agreement With Akuo Energy For 500 MW

US-based solar module manufacturer, First Solar has announced a new renewable energy Global Supply Agreement with Akuo Energy, a France-based independent global renewable energy player. Through this agreement, First Solar will supply 500 MW of thin film PV solar module to Akuo Energy. As per the Agreement, First Solar will provide 200 MW for a […]

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MasTec to Acquire Infrastructure and Energy Alternatives (IEA)

MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […]

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Centre Gives States A New Green Power Mandate To Encourage RPO Compliance

The Union Government has asked state governments to meet a quarter of their power demand through renewable energy sources in the current year, which can be scaled to 47 % in the following eight years. Although consistent with India’s clean energy commitments, the new trajectory of the Union Government will be difficult for the already […]

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Orsted Acquires Ostwind; Eyes Key Markets in Europe

Renewable energy player Orsted has announced the signing of an agreement with Germany based Ostwind, a leading German developer, owner, and operator of onshore wind and solar power projects in Germany and France. For a consideration of EUR 689 million, Orsted will acquire a 100 % equity interest in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & […]

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UK Approves 8 GW Offshore Wind Energy Projects Development

In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […]

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