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Storage Major Fluence Energy Targets $744 Million IPO

Renewable energy storage firm Fluence Energy Inc said on Tuesday it is aiming to fetch a nearly $4 billion valuation in its U.S. initial public offering, as investor interest in such technologies soars alongside growing calls to limit climate change. The company, a joint venture between Germany’s Siemens AG (SIEGn.DE) and U.S.-based AES Corp (AES.N), […]

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Log 9 Materials Partners with Fortum India to Develop EV Charging Infra

Bengaluru-based advanced battery technology startup Log 9 Materials has partnered with the Indian subsidiary of Finnish clean energy company Fortum to deploy and provide access to public fast chargers for two-wheeler and three-wheeler electric vehicles (EVs) in the country. The partnership will be for a duration of at least 24 months and can thereafter be mutually […]

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8th India-Sweden Innovation Day ’21 to Focus on Green Tech

India and Sweden are set to celebrate the 8th Innovation Day on 26th October at 08:00-16:30 (Swedish Time) and 11:30-20:00 (Indian Time). The online event themed “Accelerating India Sweden’s Green Transition” is hosted by India Unlimited in association with the Embassy of India in Sweden, Sweden-India Business Council, and Confederation of Indian Industry (CII). India […]

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Manager – Environment, Health & Safety

DATA HANDLING:- Develop data collection plans for EHS aspects under review Analyze EHS data, carry out trend analysis, monitor EHS performance, prepare reports (documents, presentations) and report on EHS performance such as various Monthly / Quarterly EHS performance reports Compile & verify various EHS performance data and action status reports as per monthly / quarterly […]

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Tokyo-based Eneos to Buy Japan Renewable Energy for $1.8 B

Tokyo-based Eneos Holdings, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business, joining a list of major global companies moving away from climate-changing fossil fuels. Eneos, which aims to have net-zero emissions by 2040, will buy JRE from Goldman […]

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Vensys to Supply Turbines to Repower RES’ 24 MW WInd Farm in France

RES SAS, the Turkey-based subsidiary of RES, has ordered 16 turbines from German gearless wind turbine manufacturer Vensys for the repowering of 24 MW of the Souleilla-Corbières wind farm in the south of France. The deal is for Vensys62 1.5MW gearless machines with hub heights of 49 meters. Souleilla-Corbières currently has a capacity of 20.8 MW […]

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Eos Energy to Get $25 M Equipment Funds from Trinity Capital

Eos Energy Enterprises, a provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, has announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement with Trinity Capital, a leading provider of debt and equipment financing to growth stage companies. The funds will be used […]

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Aker Unveils Underwater Innovation for Floating Offshore Wind

Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […]

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Cybersecurity For Power Sector in Focus in India, Worldwide

The Ministry of Power (MoP) has prepared guidelines for cybersecurity in the Indian power sector, which were released yesterday. Cybersecurity is a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to […]

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