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The Top 5: Key Cement Manufacturers & Their Net-zero Goals

The 20th century onwards has belonged to concrete in many ways. Alongside its strength and resilience, concrete is crucial and ideal for the building, being relatively cheap and simple to make. Each year 30 billion tonnes of concrete is used globally. Although concrete structures are, in many ways, ideal for climate-resilient construction, it is also […]

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KKR buying RE firm ContourGlobal for £1.75 billion

Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […]

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Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy

Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from […]

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Skoda Auto Begins Production of MEB Battery Systems

Skoda Auto has announced that it has begun the manufacturing of battery systems for all electric vehicles based on the Modular Electrification Toolkit (MEB) in Mlada Boleslav. This is the only production facility of Skoda for MEB battery systems in Europe outside Germany. As per the official announcement, around 250 employees will soon be assembling […]

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Danfoss India Launches First Privately Owned Grid Scale Energy Storage System

Danish owned Danfoss India recently opened India’s first privately owned and operated grid-scale battery-based Energy Storage System (ESS) at its Oragadam campus in Chennai to store the excess energy generated by renewables (solar power plant) installed inside the campus. The ESS has been engineered using Danfoss’ sustainable Drives technology, according to a statement. Jurgen Fischer, […]

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Construction Of World’s Largest Integrated RE Storage Project Started In AP

Construction of the world’s largest and first of its kind renewable energy storage project began at Kurnool in Andhra Pradesh on May 17. With a pumped storage capacity of 10,800MWh per day, the 5230 MW renewable energy generation project is coming up at an investment of $3 billion by Hyderabad based developer Greenko Group by […]

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BEL to manufacture battery packs for Triton electric trucks

The Pune Unit of Navratna Defence PSU Bharat Electronics Limited (BEL) will manufacture Li-ion battery packs for the electric trucks of Triton, US, as part of an MoU signed between the two companies to explore manufacturing of battery cells in India for Energy Storage Systems and electric vehicles in the Heavy Vehicle segment for the […]

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PMI Electro’s upcoming plant to produce 2500 commercial EVs annually

PMI Electro Mobility Solutions Pvt Ltd – maker of electric buses in India – has said that it will set up company’s new electric commercial vehicle (CV) manufacturing plant in Pune, Maharashtra. The new plant will be PMI’s largest manufacturing facility in India and will be based at MIDC, Chakan. PMI says that the new […]

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European Energy, Vestas to install largest wind turbines offshore Denmark

European Energy has announced its joining forces with Vestas to make Frederikshavn – a city in Denmark – a global focal point for test and demonstration of new offshore wind technology. The joint venture aims at developing and constructing three of Vestas’ newest V236-15.0 MW offshore wind turbines at three of the five test positions […]

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